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How Much Does a Tesla Cost (July 2020)- True Cost of All Tesla Cars

As the majority of car buyers now have started to consider Electric cars all over the world, more and more automakers are unveiling electric cars and it gets a lot of media attention as well. The reason being electric cars are futuristic, special and cool. The day is not far when electric cars will be in the mainstream.

Electric cars are no longer just a novelty. People are buying it for many reasons one major being the government incentives. The day is not far when buyers will choose Electric cars like the do with the internal combustion cars today. It is predicted that by the end of 2040 Electric vehicles would have captured half share of the roads.

How Much Does a Tesla Cost

How Much Does a Tesla Cost

After the recent global price cuts, the cost of buying Tesla cars is ranging from $37990 (with an off the menu offering at $35000 as well) to all the way up at $91990 on the Tesla website. Currently, Tesla is selling four cars- Model S, Model 3, Model X and Model Y, and the upcoming Tesla Roadster, Tesla Cybertruck and Tesla Semi. One of the biggest discounts is going to come from buying an inventory car. The inventory cars are the cars that each Tesla showroom has to either do test drives for the potential buyers. These are the cars that are being used for current customers that are bringing their cars in to be serviced. That’s the car that they drive in while the cars and service those cars can have anywhere from 500 miles to maybe 5000 miles but the discounts for those cars are amazing, you can get 10,000 to 15,000 dollars in discounts for those cars. Those cars have never been sold so they still qualify for lease because only brand new cars qualify for a lease so it’s a great way to get a great discount from Tesla.

How Much Does a Tesla Model 3 Cost

The Tesla Model 3 is currently Tesla’s top-selling car because of its price, looks and excellent range. Tesla has faced many production issues, late deliveries of Model 3s because of the high demand of Tesla Model 3 but now it’s production is stable. The Tesla Model 3 comes in 3 variants- Rear-Wheel Drive Standard Range Plus, Dual Motor All-Wheel-Drive Long-range and Performance model which is also Dual Motor All-Wheel-Drive

Tesla Model 3 Variants Price (without any tax credits) Range (Miles)
Rear-Wheel Drive

Standard Range Plus

$37990 250 miles
Dual Motor All-Wheel Drive

Long Range

$46990

322 miles

Dual Motor All-Wheel Drive

Performance

$54990 299 miles

 

How Much Does a Tesla Model 3 Cost

An all-white interior is available at an extra cost of $1000. On the exterior color options cost a $1000 to $2000 extra. Tesla charges a $1500 extra for bigger wheels as well. Upcoming is an “Autosteer on city streets” feature additionally costing a $7000.

Anyone up for buying an inventory car can avail huge discounts as 2019 used Tesla Model 3 is available at Tesla Used Inventory starting at the price of $40800.

How Much Does a Tesla Model S Cost

The cost of the Tesla Model S depends on the model you want to buy and the available discounts or tax credits. Currently, Tesla has discontinued Model -S in the 60, 60D, 75, 75D, 90D, 100D and P100D and now the available options are Long Range Plus and the Performance Model. The Model S Long Range Plus was earlier sold at $79990, now with a heavy discount of $5000 its price range starts at just $74990 and the Tesla Model S Performance is on offer starting at $94990.

 Tesla Model S Variants Price (without any tax credits) Range
Long Range Plus $74990 391 miles
Performance $94990 348 miles

 

How Much Does a Tesla Model S Cost

Tesla Model S also offers different color options at an additional cost of $1500 to $2500 for paint options. Upgrading wheels can add $1500 or $4500 depending on the choice. Interior upgrades charge $1500 extra. The earlier mentioned “Autosteer on city streets” feature additionally costs $7000.

Anyone can get a good discount by buying an inventory car, the used Tesla Model S is available at Tesla Used Inventory starting at the price of $34000. The main advantage of buying an inventory car is that you can get free lifetime supercharging. Some of the old Tesla Model S’s are eligible for free supercharging for life.

How Much Does a Tesla Model X Cost

The Model X is the first SUV made by Tesla and it is also the first all-electric SUV in the world. Tesla has started Model X production in 2015 and it is offered only in all-wheel-drive with dual motors option. It has more than a decent room for 7. To add to the oomph factor the Electric SUV comes with fancy Falcon Doors.

Tesla Model X Variants Price (without any tax credits) Range
Long Range Plus $79990 351 miles
Performance $99990 305 miles

 

How Much Does a Tesla Model X Cost

The Model X also offers additional at additional costs. Exterior color options are available at $1500 and $2500 depending on the colors. Optional wheel packages are available at $2000 for 20” and $5500 for 22” wheels. On the inside, the color schemes are optional and available at $1500 with seating layouts for 6 costs additional $6500 and for 7 it costs $3500 extra.  The “Autosteer on city streets” feature additionally costs $7000. When buying an inventory car, the used Tesla Model X is available at Tesla Used Inventory starting at the price of $53900.

How Much Does a Tesla Model Y Cost

The newest all Electric Compact Crossover from Tesla is the Model Y boasting of a driving range of up to 300 miles and a 0-60mph time of as low as 3.5 seconds. The 2020 Tesla Model Y share many resemblances with the compact Model 3 and can be equipped with a third row of seats making space for 7 passengers and their luggage.

Tesla Model Y Variants Price (without any tax credits) Range
Long Range $52990 316 miles
Performance $60990 315 miles

 

How Much Does a Tesla Model Y Cost

Additional exterior paint is available at $1000 – $2000. A 3500lbs capable high steel class 2 tow bar can be had at $1000 more. The white interior can be had at $1000 more. On the inside seating for 7 can be installed at an extra cost of $3000. The “Autosteer on city streets” feature additionally costs $7000.

How Much Does a Tesla Cybertruck Cost

The Cybertruck has an exterior shell designed for ultimate durability and passenger safety. It is termed as nearly impenetrable with superior strength and endurance. Components like hard 30X cold-rolled stainless steel for structural skin and tesla armor glass have been extensively used.

How Much Does a Tesla Cybertruck Cost

It comes with adjustable air suspension making it capable of 3500lbs payload, and towing capability of 14000lbs. it has space for 6 passengers, tires, toolbox and additional 100 cu-ft of lockable storage very cleverly designed. All this utility comes along with all the comforts that Tesla offers.

It is a blend of speed, strength and versatility. The vehicle boasts an exhilarating 0-60mph under 3s and a range of 500miles with the driving dynamics of a sports car.

Tesla Cybertruck Variants Price (Before any tax credits) Range
Single Motor RWD $39900 250+ miles
Dual Motor All-Wheel Drive $49900 300+ miles
Tri-Motor All-Wheel Drive $69900 500+ miles

 

The fully self-driving mode is optional at a price of $7000 but if prebooked until a limited offer time will be given for free.

How Much Does a Tesla Roadster Cost

The 2nd generation Tesla Roadster is the quickest production car ever, it can cover 0 to 60 miles in just 1.9 sec which is faster than the Bugatti Chiron. It is the first car to break the 0 to 60 mph 2 seconds barrier. It also translates to a 0 to 100 mph time of 4.2 seconds, a quarter-mile in just 8.9 seconds, and record-breaking 250+ mph top speed.

How Much Does a Tesla Roadster Cost

This car has a 200 kWh battery pack and it can travel 620 mph in a single charge and that is the highest battery range ever claimed by the electric car company. The cost of the base model of the Tesla Roadster is $200,000, the founder version costs $250,000 and Tesla will make 1,000 units of it.

Tesla Free Supercharging and Fuel Savings

Tesla has ended the free supercharging for all vehicles, certain Model S and X, ordered before November 2, 2018, will receive 400 kWh (~1,000 miles) of Supercharger credits annually. One of the best ways of getting free supercharging is by buying inventory vehicles sell by Tesla, Some of old Model S and Model X are still eligible to get Tesla’s Supercharging free for life.

Here are some main points listed by Tesla on their support page-

  • All new Tesla vehicles require a small fee to Supercharge.
  • Where possible, owners are billed per kWh (kilowatt-hour), which is the fairest and simple method. In other areas, we bill for the service per minute.
  • In North America, pricing is fixed within each state or province. Internationally, pricing is fixed within each country. All prices include taxes and fees.
  • Supercharger pricing information may be viewed on the touchscreen.
  • When billing per minute, there are two tiers to account for changes in charging speeds, called “tier 1” and “tier 2”.
  • Tier 1 applies while cars are charging at or below 60 kW and tier 2 applies while cars are charging above 60 kW.
  • Tier 1 is half the cost of tier 2.
  • Tier 1 also applies anytime your vehicle is sharing Supercharger power with another car.

EV Tax Credits

In the US, people have a federal tax credit of $7,500 for Electric vehicles. It varies based on the size of the battery but because Tesla uses big batteries they qualify for the full amount of federal tax credit. Once a manufacturer hits their 200,000-car delivered in the US that starts to phase out and Tesla has confirmed that they’ve done that in July. That means that if you have a tax liability of $7,500 or more, the next year you’ll be able to get that money. This year i.e. 2019, the Tesla tax credit dropped to $3,750, 50 percent of the previous amount so in 2020 you will be able to get $3,750 back on your tax refund.

For more information, refer following article-

How Does Tesla Tax Credit Work- Electric Car Tax Credit 2019

If you have any queries about this post, let us know in the comment section below.

Saurav Revankar
Saurav Revankar
Saurav is a distinguished expert in the electric vehicle (EV) industry, known for his in-depth knowledge and passion for sustainable technology. With a particular focus on Tesla, he provides insightful analysis and comprehensive reviews that make complex EV topics accessible and engaging.

1 COMMENT

  1. So now you solely must made simply four miles for the day;
    a fairly achievable target for many of us.

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