Tesla Model 3 Price [2024]

Have you ever wondered how much a Tesla Model 3 costs? Well, you’re in luck! In this article, we’ll dive into the details of the Tesla Model 3 price, including the different variants and any additional costs you might encounter. So, buckle up and let’s get started!

Table of Contents

Quick Answer

The Tesla Model 3 is available in different variants, each with its own price range. The base price for the 2024 Tesla Model 3 starts at $40,240, while the highest-end variant can go up to $59,740. However, it’s important to note that additional features and add-ons can impact the final cost of the vehicle.

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Quick Tips and Facts

  • The base price for the 2024 Tesla Model 3 is $40,240.
  • The highest-end variant of the Model 3 can cost up to $59,740.
  • Additional features and add-ons can impact the final cost of the vehicle.
  • Tesla vehicles have lower maintenance costs compared to conventional gas-powered cars.
  • Federal EV tax credits may be available for certain Tesla models.

Background: The Rise of Tesla

woman standing next to pink wall while scratching her head

Before we dive into the specifics of the Tesla Model 3 price, let’s take a moment to appreciate the rise of Tesla as a leading electric car manufacturer. Founded in 2003 by a group of engineers, Tesla has revolutionized the automotive industry with its innovative electric vehicles.

Over the years, Tesla has gained a loyal following and has become synonymous with cutting-edge technology, impressive performance, and sustainability. The Tesla Model 3, in particular, has been a game-changer, offering a more affordable option for those looking to join the electric revolution.

Tesla Model 3 Price: A Closer Look

The Tesla Model 3 is available in several variants, each with its own price range. Here’s a breakdown of the different options and their corresponding prices:

  1. Standard Range Plus: The base model of the Tesla Model 3 starts at $40,240. This variant offers a range of approximately 263 miles and a top speed of 140 mph.

  2. Long Range: If you’re looking for more range and performance, the Long Range variant might be the right choice for you. Starting at $47,240, this model offers an impressive range of around 353 miles and a top speed of 145 mph.

  3. Performance: For those seeking exhilarating acceleration and top-of-the-line features, the Performance variant is the way to go. Priced at a minimum of $53,240, this model can reach 0-60 mph in just 3.1 seconds and has a top speed of 162 mph.

It’s important to note that these prices are for the base models, and additional features and add-ons can increase the final cost of the vehicle. However, even the base models offer an exceptional driving experience and a range that can meet the needs of most drivers.

What Incentives and Rebates are Available When You Buy a Tesla?

When purchasing a Tesla, you may be eligible for various incentives and rebates that can help offset the cost. Here are a few examples:

  • Federal EV Tax Credit: Depending on the model and your eligibility, you may qualify for a federal tax credit of up to $7,500. However, it’s important to note that this tax credit is subject to change and may vary based on individual circumstances.

  • State and Local Incentives: In addition to the federal tax credit, many states and local governments offer their own incentives for purchasing electric vehicles. These incentives can include tax credits, rebates, and reduced registration fees. Be sure to check with your local authorities to see what incentives are available in your area.

Are There Any Extra or Hidden Costs When Buying a Tesla?

While the base price of a Tesla Model 3 provides a good starting point, there are a few additional costs to consider when purchasing a Tesla:

  • Delivery and Documentation Fees: When buying a new Tesla, you may be required to pay delivery and documentation fees. These fees can vary depending on your location and the specific model you choose.

  • Charging Equipment: While Tesla vehicles come with a charging cable for standard outlets, you may want to consider investing in a dedicated home charging station for faster and more convenient charging. The cost of a home charging station can range from a few hundred to a few thousand dollars, depending on the model and installation requirements.

  • Insurance: As with any vehicle, you’ll need to factor in the cost of insurance when purchasing a Tesla. Insurance rates can vary based on factors such as your driving history, location, and coverage options.

Do Teslas Really Save Money on Gas?

One of the major advantages of owning an electric vehicle, such as a Tesla, is the potential savings on fuel costs. Unlike traditional gas-powered cars, electric vehicles run on electricity, which can be significantly cheaper than gasoline.

According to a study by the U.S. Department of Energy, the cost of electricity to power an electric vehicle is typically equivalent to paying $1.20 per gallon of gasoline. This means that over time, the savings on fuel costs can add up, especially if you do a lot of driving.

Additionally, Tesla offers a vast Supercharger network, allowing you to charge your vehicle quickly and conveniently on long trips. While there may be a cost associated with using Superchargers, it is often more affordable than traditional gasoline fill-ups.

What Does It Cost to Service and Maintain a Tesla?

When it comes to servicing and maintaining a Tesla, the costs can be lower compared to conventional gas-powered cars. Here are a few reasons why:

  • Fewer Moving Parts: Electric vehicles have fewer moving parts compared to internal combustion engine vehicles. This means there are fewer components that can wear out or require regular maintenance.

  • Regenerative Braking: Tesla vehicles utilize regenerative braking, which helps extend the life of brake pads and reduces the need for frequent replacements.

  • Over-the-Air Updates: Tesla vehicles receive regular over-the-air software updates, which can address performance improvements, bug fixes, and even add new features. This means you can enjoy the latest advancements without the need for a visit to the service center.

While routine maintenance, such as tire rotations and brake fluid replacements, is still necessary, the overall maintenance costs for a Tesla are generally lower compared to traditional cars.

Prices of Upcoming Tesla Models: Cybertruck, ‘Model 2’, and Roadster

Tesla has an exciting lineup of upcoming models that are sure to turn heads. Here’s a sneak peek at the expected prices of these future Tesla vehicles:

  1. Cybertruck: The highly anticipated Tesla Cybertruck is expected to start at a base price of $39,900. This all-electric pickup truck boasts impressive performance and a futuristic design.

  2. ‘Model 2’: Tesla has plans to release a more affordable compact electric car, often referred to as the ‘Model 2’. While specific pricing details have not been announced, it is expected to be priced competitively to make electric vehicles more accessible to a wider audience.

  3. Roadster: The next-generation Tesla Roadster is set to redefine sports cars with its incredible performance capabilities. With a base price of $200,000, this high-performance electric vehicle will offer mind-boggling acceleration and a top speed of over 250 mph.

Are Tesla Cars Worth the Price?

Now that we’ve covered the various aspects of the Tesla Model 3 price, you might be wondering if Tesla cars are worth the investment. While the upfront cost of a Tesla may be higher compared to some traditional cars, there are several factors to consider:

  • Performance: Tesla vehicles are known for their impressive acceleration and handling. The instant torque provided by electric motors delivers a thrilling driving experience.

  • Range: Tesla’s extensive Supercharger network and the growing availability of charging stations make long-distance travel more convenient. With a Tesla, range anxiety becomes a thing of the past.

  • Sustainability: By driving an electric vehicle, you’re contributing to a cleaner and more sustainable future. Tesla’s commitment to renewable energy and reducing carbon emissions is a significant factor for many environmentally conscious consumers.

  • Lower Operating Costs: While the upfront cost may be higher, the savings on fuel costs, maintenance, and potential tax incentives can make owning a Tesla more affordable in the long run.

Considering these factors, Tesla cars offer a compelling package that combines performance, sustainability, and cost savings.

FAQ

purple haired woman in black top leaning on wall

How much is a Tesla Model 3 full price?

The full price of a Tesla Model 3 depends on the variant and any additional features you choose. The base price for the 2024 Tesla Model 3 starts at $40,240, while the highest-end variant can go up to $59,740.

Read more about “How Much Does a Tesla Model 3 Cost Now? …”

What is the cheapest Tesla price?

The cheapest Tesla available is the base model of the Tesla Model 3, which starts at $40,240. However, it’s important to note that additional features and add-ons can impact the final cost of the vehicle.

Why is Tesla Model 3 so cheap?

The Tesla Model 3 is relatively more affordable compared to other Tesla models due to its focus on mass production and cost optimization. Tesla has implemented various manufacturing efficiencies and economies of scale to make electric vehicles more accessible to a wider audience.

What is the real range of the Tesla Model 3?

The range of the Tesla Model 3 varies depending on the variant. The Standard Range Plus offers a range of approximately 263 miles, while the Long Range variant can go up to 353 miles on a single charge. The Performance variant has a slightly lower range due to its higher performance capabilities.

Read more about “How Much Does It Really Cost to Charge a Tesla Model 3? …”

Conclusion

woman wearing black crew-neck shirt

In conclusion, the Tesla Model 3 offers an impressive range of options to suit different budgets and preferences. With a starting price of $40,240, the base model provides an excellent entry point into the world of electric vehicles. Whether you’re looking for a practical daily driver or a high-performance machine, Tesla has you covered.

With their cutting-edge technology, impressive performance, and commitment to sustainability, Tesla cars are worth considering if you’re in the market for an electric vehicle. The potential savings on fuel costs, lower maintenance requirements, and the joy of driving a Tesla make it a compelling choice.

So, if you’re ready to join the electric revolution, head over to the official Tesla website and explore the different options available. Remember, the future is electric, and Tesla is leading the charge!

Looking for more information on car brands and comparisons? Check out these articles on Car Brands™:

For more details on the Tesla Model 3 and its charging costs, check out our article: How Much Does It Cost to Charge a Tesla Model 3?

Jacob
Jacob
Articles: 177

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