June 8, 2023

How Much Is a Tesla? Here’s a Price Breakdown of Each Model

Update: This post was updated on July 9, 2021, to include the updated price of the Tesla Model S and Model X Long Range trims, which see their starting sums rise by $5,000.

Everyone knows they’re not cheap, but exactly how much does a Tesla cost? There’s a huge difference in price between the cheapest Tesla and the most expensive Tesla. The EV lineup works for a wide variety of budgets and expectations.

Tesla changes its prices and trim levels every now and then, but below you’ll find pricing information for each Tesla model as of this writing, with reference points to how the prices most recently changed. Unfortunately, federal tax credits on Tesla vehicles have ended, but you can still take advantage of state credits. Keep reading to learn how much you can expect to spend on a new Tesla.

How Much Is a Tesla Model 3?

As the cheapest Tesla available, the Model 3 has a lot to offer, including strong range and sleek styling. The rear-drive Standard Range Plus model starts at $41,190, up from $39,690, including a $1,200 destination fee only a month ago. This car has an estimated driving range of 263 miles.

The Long Range model delivers an EPA-rated 353 miles of range and now starts at $50,190, while the racier Performance model manages an EPA-rated 315 miles of range on a full charge and is priced from $58,190 once again, after a brief drop to $56,690. Both Long Range and Performance models come standard with all-wheel-drive courtesy of an individual electric motor at each axle.

How Much Is a Tesla Model S?

The all-wheel-drive-only Tesla Model S is significantly more expensive than the Model 3. The Long Range variant, which travels an estimated 405 miles on a full charge, costs $86,190. If you really want to break the bank, the tri-motor Plaid variant sees its price hiked from $119,690 to $131,190 after the news dropped that Tesla won’t make the 520-mile, higher-performance Plaid+ model, which CEO Elon Musk says is no longer necessary.

This price might just be worth it, though. Although its driving range falls to an estimated 390 miles, the Model S Plaid benefits from a manufacturer-estimated 0-60 mph time of fewer than 2.0 seconds and a top speed of 200 mph. In our tests, a less powerful dual-motor Tesla Model S Performance with the Raven software update zoomed to 60 mph in just 2.4 seconds. That makes it the quickest production car we tested in 2019—quicker than the Lamborghini Aventador SVJ. And the Plaid is even quicker! The stillborn Plaid+ model was said to deliver more than 520 miles of range and was to start at $142,990; so consider the Plaid’s price increase a way for Tesla to bridge the gap between the formerly separate Plaids.

How Much Is a Tesla Model X?

Known for its “Falcon Wing” doors, the Model X SUV is the most expensive Tesla currently available. With an estimated range of 360 miles, the Tesla Model X Long Range goes for $96,190. The Model X Plaid’s range drops to an estimated 340 miles, but like the Model S Plaid, it delivers quicker acceleration and a higher top speed. Prices for this trim start at an eye-watering $121,190.

The Model X comes standard with five seats. A six-seat configuration costs an extra $6,500, and a seven-seat configuration costs $3,500.

How Much Is a Tesla Model Y?

The Model Y, Tesla’s compact SUV, starts at $54,190 for the base Long Range model that’s capable of going an EPA-estimated 326 miles on a full charge of its battery pack. Yep, Tesla pricing is a rollercoaster. Additionally, Tesla offers the Model Y in a Performance variant that offers an estimated 303 miles of range and wears a $62,190 price tag. The Model Y comes standard with five seats; however, $3,000 adds a small third-row bench to Long Range models, which brings the SUV’s seating capacity up to seven. Drop another $1,000 and Tesla adds a tow hitch, which allows users to make the most of the SUV’s available 3,500-pound towing capacity.

How Much Is a New Tesla Roadster?

Tesla has ambitious goals for its new Roadster: hit 60 mph in 1.9 seconds and achieve a range of 620 miles. Fittingly, prices will start around $200,000. The Founders Series, limited to the first 1,000 customers, is priced around $250,000. At this price, the Roadster is poised to become the most expensive Tesla in the lineup. As of right now, Tesla is taking reservations for the Roadster but the official on-sale date hasn’t been announced.

How Much Is a Tesla Cybertruck?

Typical transaction prices for a full-size pickup are around $48,000, but the Tesla Cybertruck doesn’t have to cost that much. The otherworldly truck is expected to start at around $39,900. Prices for the Cybertruck increase about $10,000 for a dual-motor all-wheel-drive variant, and the tri-motor all-wheel-drive version will cost about $30,000 more than the standard model. Find out how much the Cybertruck will cost Tesla to build, and how much it could cost buyers to insure. Like the Roadster, Tesla is taking reservations for the Cybertruck but has not announced exactly when it will go on-sale.

How Much Is a Tesla Semi?

Tesla’s Semi, which has already received orders from companies like Walmart and J.B. Hunt, is expected to start around $150,000. Founders Series models are expected to go for around $200,000. Here again, an exact on-sale date has not been announced. But Tesla says the first Semi deliveries are expected to take place in 2021.

Full Self-Driving Capability

Tesla offers what it calls Full Self-Driving Capability as a $10,000 option. Tesla promises this hardware package will someday allow the car to drive itself without any input from the driver, but as of today, it is limited to advanced driver aids that fall short of allowing completely autonomous driving.

*Prices listed do not include available government incentives

How Much Does a Tesla Cost?

  • Tesla Model 3 – $41,190
  • Tesla Model S – $86,190
  • Tesla Model Y – $54,190
  • Tesla Model X – $96,190
  • Tesla Roadster – MT Estimate: $200,000
  • Tesla Cybertruck –MT Estimate: $39,900
  • Tesla Semi – MT Estimate: $150,000