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How much does a Tesla cost?

Written by Lisa Iscrupe /

Edited by Hannah Hillson

Last updated 05/03/2023

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Key Points

  • The price of a Tesla in 2023 ranges from $39,990–133,240, with all available upgrades on Tesla’s website.
  • The cheapest Tesla is a standard Model 3, while the most expensive is a Model X Plaid.
  • The average cost to charge a Tesla is $47/month, according to the Tesla charging calculator. This figure is based on the average U.S. commute of 35 miles/day and an average of the four Tesla car models.

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Tesla cost FAQs

  • Yes. As of April 2023, the starting price of a Tesla is $5,000 less than 2022. In 2020, Musk promised a $25,000 Tesla that would be available around 2023; however, that pledge has yet to materialize. If creating a cheaper version is still on their to-do list, we can expect that a less-expensive Tesla may also have shorter battery life and fewer overall features.

  • The unusual design of the Tesla Cybertruck was a big talking point when the EV first debuted in 2019. Since then, pre-ordering a Tesla Cybertruck with a minimal $100 deposit has been available, with no set end date currently in sight for would-be Tesla truckers.

  • Like electricity for your home, most charging stations charge per kilowatt-hour (kWh), but some charge by the minute.

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