Tesla has solidified its position as a leading force in the electric vehicle (EV) market, capturing a significant 49% market share. Known for their innovation and performance, Teslas are becoming increasingly accessible, especially with many models qualifying for a $7,500 federal tax credit. If you’re wondering “How Much Are Teslas” and considering joining the electric revolution, this comprehensive guide breaks down the costs for 2025, covering everything from purchase price to long-term ownership expenses.
In this article, we will delve into the detailed pricing of Tesla vehicles in 2025, covering:
- Initial Purchase Price of each Tesla Model
- Customization Options and Tesla Accessories Costs
- Tesla Charging Expenses – Home and Supercharger
- Tesla Maintenance and Service Costs
Tesla MSRPs: A Quick Price Overview
To give you a starting point, here’s a table summarizing the Manufacturer’s Suggested Retail Price (MSRP) range for each Tesla model in 2025:
| Model | Starting Price (Base) | Maximum Price (Fully Optioned) |
|---|---|---|
| Model 3 | $42,490 | $62,990 |
| Model Y | $44,990 | $63,490 |
| Model X | $84,990 | $125,490 |
| Model S | $79,990 | $112,990 |
| Cybertruck | $79,990 | $99,990 |
It’s important to remember that these are just starting prices. The final cost of your Tesla can vary significantly based on the model, выбранные options, and any applicable tax credits or incentives.
Decoding the Cost of Each Tesla Model
The price of a Tesla in 2025 can range from an accessible $42,490 to a premium $125,490. The determining factor is the model you choose and the level of customization you desire.
Currently, the most affordable Tesla is the Model 3 Rear-Wheel Drive, with a base price of $42,490. This makes it a competitively priced EV, even lower than the average electric car cost of around $55,000.
On the other end of the spectrum, the most expensive Tesla currently available is the Cybertruck Cyberbeast, starting at a hefty $99,900.
Keep in mind that Tesla offers a wide array of upgrades and features that can influence the final price. For example, opting for Tesla’s signature red paint will increase the price compared to the standard stealth grey. Let’s examine the pricing of each Tesla model in greater detail.
Federal Tax Credit Advantage: Many Tesla models, including all variants of the Model Y and Model 3, are eligible for the full $7,500 Federal Clean Vehicle Tax Credit. The Cybertruck also qualifies. However, it’s crucial to be aware of the MSRP limits. For instance, to qualify for the credit, the Model 3’s price cannot exceed $55,000, and the Model Y’s price must remain under $80,000.
Tesla Model 3: Price Breakdown
Image courtesy of Tesla, Inc.
The Tesla Model 3 is recognized as the entry point into Tesla ownership. The base Model 3 Rear-Wheel Drive (RWD) starts at $42,490. Stepping up to the Long Range version increases the starting price to $47,490. The Performance model, offering enhanced speed and features, starts at $54,990, representing the higher end of the Model 3 range.
The $7,500 federal tax credit significantly enhances the affordability of the Model 3, potentially making the base model cost-competitive with many gasoline-powered sedans after the credit is applied. However, adding premium options, like upgraded paint or interior finishes, to the Model 3 Performance could push the price above the tax credit eligibility limit.
| Model and Version | Base Price | Maximum Price | Federal Tax Credit Eligibility | Estimated Range (EPA) |
|---|---|---|---|---|
| Model 3 Rear-Wheel Drive (RWD) | $42,490 | $54,490 | Yes, $7,500 | 363 Miles |
| Model 3 Long Range All-Wheel Drive (AWD) | $47,490 | $59,490 | Yes, $7,500 | 346 Miles |
| Model 3 Performance AWD | $54,990 | $64,490 | Yes, $7,500 (check options) | 298 Miles |
Model 3 Financing and Leasing Options
Tesla provides both financing and leasing options to facilitate Model 3 ownership. Here’s a look at estimated monthly payments:
| Model 3 Variant | Estimated Monthly Lease Payment* | Estimated Monthly Financing Payment** |
|---|---|---|
| Model 3 Long Range Rear-Wheel Drive | $299 | $589 |
| Model 3 Long Range All-Wheel Drive | $349 | $662 |
| Model 3 Performance All-Wheel Drive | $599 | $773 |
*Assumes $2,999 down payment, 36-month lease term, 10,000 miles per year.
**Assumes $3,999 down payment, 1.99% APR, 72-month loan term.
Model 3 Accessories to Consider
Enhance your Model 3 with Tesla’s range of accessories designed for organization and personalization. From snow chains for winter driving to pet liners for pet owners, Tesla offers a variety of accessories to meet your needs.
Tesla Model Y: Price Overview
Image courtesy of Tesla, Inc.
The Model Y is Tesla’s best-selling model, combining the spaciousness of an SUV with the affordability of the Model 3. It offers a compelling blend of practicality and value, along with an EPA-estimated range of up to 337 miles.
Fully optioned, a Model Y can reach $63,490. There are currently four Model Y variants available at different price points:
| Model and Version | Base Price | Maximum Price | Federal Tax Credit Eligibility | Estimated Range (EPA) |
|---|---|---|---|---|
| Model Y Long Range RWD | $44,990 | $49,990 | Yes, $7,500 | 337 Miles |
| Model Y Long Range AWD | $47,990 | $58,990 | Yes, $7,500 | 311 Miles |
| Model Y Performance AWD | $51,490 | $63,490 | Yes, $7,500 | 277 Miles |
| Model Y Launch Series | $59,990 | $59,990 | Yes, $7,500 | 327 Miles |
Model Y Financing and Leasing Options
Financing can make the Model Y more accessible. Here are estimated monthly lease and financing payments:
| Model Y Variant | Estimated Monthly Lease Payment* | Estimated Monthly Financing Payment** |
|---|---|---|
| Model Y Long Range RWD | $199 | $444 |
| Model Y Long Range AWD | $299 | $493 |
| Model Y Performance AWD | $499 | $551 |
| Model Y Launch Series | $599 | $725 |
*Assumes $2,999 down payment, 36-month lease term, 10,000 miles per year.
**Assumes $3,999 down payment, 5.84% APR, 72-month loan term.
Model Y Accessories: Enhancing Utility
Model Y accessories highlight its versatility. Options range from all-weather interior liners to a custom-fit air mattress for camping. Most accessories are priced between $35 and $500, but expect to invest more for protective coatings or upgraded tire packages.
Tesla Model S: Premium Pricing
Image courtesy of Tesla, Inc.
The Model S represents Tesla’s luxury sedan, boasting the longest range in the Tesla lineup at 410 miles. The standard dual-motor Model S starts at $79,990. With all available upgrades, the price can climb to $97,990.
For ultimate performance, the Model S Plaid variant stands out. It accelerates from 0 to 60 mph in a mere 1.99 seconds, achieving a top speed of 200 mph, making it the quickest production car available. The Plaid starts at $94,990 and can exceed $112,000 with customizations.
Due to its premium price, the Model S is not eligible for the federal EV tax credit.
| Model and Version | Base Price | Maximum Price | Federal Tax Credit Eligibility | Estimated Range (EPA) |
|---|---|---|---|---|
| Model S AWD | $79,990 | $97,990 | No | 410 Miles |
| Model S Plaid | $94,990 | $112,990 | No | 410 Miles |
Model S Financing and Leasing
Here are estimated financing and lease payment options for the Model S:
| Model S Variant | Estimated Monthly Lease Payment* | Estimated Monthly Financing Payment** |
|---|---|---|
| Model S AWD | $891 | $1,172 |
| Model S Plaid | $1,040 | $1,420 |
*Assumes $7,500 down payment, 36-month lease term, 10,000 miles per year.
**Assumes $3,999 down payment, 5.84% APR, 72-month loan term.
Model S Accessories: Luxury Upgrades
Model S accessories cater to luxury and performance. Options range from pet liners to the high-performance Track Package, costing up to $20,000. The Track Package enhances the Model S Plaid’s performance with features like track-ready wheels, high-performance brake pads, and aluminum wheels, enabling its 200 mph top speed.
Tesla Model X: SUV Pricing and Features
Image courtesy of Tesla, Inc.
The Model X, Tesla’s larger SUV, is famous for its distinctive falcon-wing doors. Starting at $84,990, the base Model X has the highest starting price among base Tesla models.
The Model X Plaid, offering enhanced performance and luxury, starts at $99,990 and can reach $125,490 with customizations. Similar to the Model S, the Model X’s price point excludes it from federal EV tax credit eligibility.
| Model and Version | Base Price | Maximum Price | Federal Tax Credit Eligibility | Estimated Range (EPA) |
|---|---|---|---|---|
| Model X AWD | $84,990 | $110,490 | No | 329 Miles |
| Model X Plaid | $99,990 | $125,490 | No | 314 Miles |
Model X Financing and Leasing
Estimated financing and lease options for the Model X are as follows:
| Model X Variant | Estimated Monthly Lease Payment* | Estimated Monthly Financing Payment** |
|---|---|---|
| Model X AWD | $1,041 | $1,254 |
| Model X Plaid | $1,191 | $1,502 |
*Assumes $7,500 down payment, 36-month lease term, 10,000 miles per year.
**Assumes $3,999 down payment, 5.84% APR, 72-month loan term.
Model X Accessories: Practical Add-ons
Model X accessories focus on practicality, offering interior liners and winter tire packages for enhanced cold-weather performance and cabin protection.
Tesla Cybertruck: Truck Pricing Details
The Tesla Cybertruck, Tesla’s entry into the electric truck market, is known for its futuristic and unconventional design. Priced between $79,990 and $99,990, the Cybertruck comes in three configurations.
The base all-wheel-drive Cybertruck starts at $79,990. The high-performance Cyberbeast variant, with features like a 0-60 mph acceleration in just 2.6 seconds, is priced at $99,990.
Currently available for pre-order with deliveries expected in 2025, the Cybertruck, in its current configurations, does not qualify for the federal EV tax credit due to its price.
| Model | Starting Cost | Estimated Range (EPA) |
|---|---|---|
| Cybertruck All-Wheel Drive | $79,990 | 335 Miles |
| Cyberbeast | $99,990 | 301 Miles |
Cybertruck Financing Options
| Cybertruck Variant | Estimated Monthly Lease Payment* | Estimated Monthly Financing Payment** |
|---|---|---|
| Cybertruck AWD | $807 | $965 |
| Cyberbeast | $908 | $1,383 |
*Assumes $7,500 down payment, 36-month lease term, 10,000 miles per year.
**Assumes $4,999 down payment, 2.99% APR, 72-month loan term.
Cybertruck Accessories: Adventure Ready
The Cybertruck accessory range, while currently smaller than other Tesla models, is expected to expand as production ramps up. Current offerings include unique items for outdoor enthusiasts, such as a Cybertent for camping.
Maximizing Savings: Tesla Tax Credits and EV Incentives
Several Tesla models qualify for the $7,500 federal tax credit, significantly reducing the upfront cost. Eligible models include: Model 3 Long Range All-Wheel Drive (AWD), Model 3 Performance AWD, Model Y Long Range RWD, Model Y Long Range AWD, and Model Y Performance AWD.
Here’s how the tax credit impacts the net price of eligible Tesla models:
| Model | MSRP | Net Cost After Tax Credit |
|---|---|---|
| Model 3 Long Range RWD | $42,490 | $34,990 |
| Model 3 Long Range AWD | $47,490 | $39,990 |
| Model 3 Performance AWD | $54,990 | $47,490 |
| Model Y Long Range RWD | $44,990 | $37,490 |
| Model Y Long Range AWD | $47,990 | $40,490 |
| Model Y Performance AWD | $51,490 | $43,990 |
| Model Y Launch Series | $59,990 | $52,490 |
| Cybertruck | $79,990 | $72,490 |
Always verify model year and VIN to confirm tax credit eligibility. Be mindful of customization, as adding options to models like the Model 3 Performance could exceed IRS MSRP limits and disqualify the vehicle from the credit.
Tax credits are also available for used Teslas, with different eligibility criteria. Furthermore, many states offer additional rebates and incentives for EV purchases, including charging equipment rebates, toll discounts, and HOV lane access.
Future Tesla Models: Model 2 and Roadster Pricing
For those looking ahead, Tesla has upcoming models in development. Here’s a glimpse at expected pricing and launch timelines:
| Model | Estimated Base Price | Estimated Maximum Price | Expected Launch |
|---|---|---|---|
| Roadster | $200,000 | $250,000 | Potentially 2026 |
| Model 2 | $25,000 | N/A | Development Status Unclear |
The Tesla Roadster is anticipated to be the fastest street-legal car, targeting a top speed of 250 mph and a 620-mile range. Reservations are open with an initial $5,000 deposit and a further $45,000 due within ten days of pre-ordering.
It’s important to note that Tesla’s launch dates and prices are subject to change. Tesla is known for production delays and price adjustments, so treat these as estimates.
Unveiling Extra and Potential Hidden Tesla Costs
Beyond the MSRP, factor in these additional costs when budgeting for a Tesla:
- Order Fee: A non-refundable $250 order fee is charged at the time of placing your order.
- Destination and Documentation Fee: A $1,390 fee covers vehicle delivery and documentation. This is standard across most automakers.
- Taxes and Fees: Expect to pay several thousand dollars in taxes and registration fees. Model 3 buyers report costs between $4,500 and $5,000, with higher amounts for more expensive models.
- Charging Equipment: Tesla no longer includes a standard charger. You’ll need to purchase either the $250 Mobile Connector or the faster $450 Wall Connector.
Tesla Financing and Leasing: Making Ownership Accessible
While the upfront cost of a Tesla can be significant, financing and leasing options can make them more attainable.
Tesla Financing Details
Tesla offers financing directly and through third-party lenders.
Tesla’s financing rates currently range from 1.99% to 12.65% APR, varying based on loan term and credit score. Longer loan terms typically result in higher interest rates. Financing is managed through the Tesla App. Note that Tesla financing is not available for vehicles intended for ride-sharing.
Tesla Leasing Considerations
Tesla leasing is available in 44 states to qualified applicants. Key points about Tesla leases:
- Vehicles leased after April 2022 cannot be purchased at lease-end.
- Excess mileage is charged at $0.25 per mile over the lease agreement.
- Leased vehicles are not eligible for the federal EV tax credit (though this incentive may indirectly factor into lease pricing).
Leasing can be a good option for those with shorter commutes, lower annual mileage needs, or who prefer not to own a vehicle long-term.
Long-Term Savings: Fuel and Maintenance Cost Advantages
Teslas offer significant long-term savings, primarily in fuel and maintenance costs.
Fuel Savings: Electric vs. Gas
Tesla owners typically save between $1,000 and $1,500 annually on fuel costs compared to gasoline cars. The cost to charge a Tesla averages around $626 per year for home charging, versus over $1,500 annually for gasoline in a comparable car.
Actual savings depend on electricity rates, driving habits, and location.
Charging at home is significantly cheaper than gasoline. Charging with solar panels can further reduce costs, potentially saving over $100 per month compared to gasoline. Public charging at Superchargers is more expensive than home charging but still often cheaper than gasoline.
Reduced Maintenance Costs
EVs like Teslas inherently have lower maintenance needs than gasoline cars due to fewer moving parts. Oil changes are eliminated, and overall service requirements are reduced.
Tesla recommends servicing only when parts require inspection or replacement, potentially making annual servicing unnecessary. Tire rotations and occasional tire replacements are the most common maintenance items reported by Tesla owners within the first two years of ownership.
Projected five-year maintenance costs for a Model 3 are estimated at around $980, assuming DIY parts replacement using Tesla’s DIY guides.
Tesla Car Insurance Options
Tesla Insurance offers rates based on real-time driving behavior. In-car monitoring via Tesla’s Real-Time Safety Score assesses driving habits like nighttime driving frequency and aggressive turning to determine premiums. Safer driving can lead to lower insurance costs. Tesla Insurance is not currently available in California but offers an alternative insurance product there.
Are Tesla Cars Worth the Investment?
Teslas, while not the least expensive cars, offer compelling value. They provide zero-emission driving, strong performance, long ranges, and lower running costs compared to gasoline vehicles.
However, increased competition in the EV market means buyers now have more choices. Alternatives from brands like Kia, Toyota, BMW, and luxury EVs from Rivian are emerging. Exploring Tesla alternatives is advisable to find the best EV for individual needs.
Tesla’s ecosystem advantage, integrating home energy products like Tesla solar panels, Solar Roof, and Powerwall battery, appeals to many.
Regardless of EV brand, home solar systems can significantly reduce charging costs and carbon footprint. Consulting local solar installers to determine the right solar panel system size for your EV charging needs is a smart move for any EV owner.
Tesla Cost FAQs
(This section can be expanded with specific FAQs based on user queries related to “how much are teslas”)
In Conclusion: Understanding the comprehensive cost of Tesla ownership, from initial price to long-term savings, is crucial for making an informed decision. While the starting price is just one aspect, factors like tax credits, fuel and maintenance savings, and financing options play significant roles in the overall value proposition of a Tesla. As the EV market evolves, exploring Tesla and its competitors will help you find the electric vehicle that best aligns with your needs and budget.
Calculate how many solar panels you need to charge a Tesla and lower your energy bill
Written by Ana Almerini Marketing & Communications Manager
Ana is the Marketing & Communications Manager at SolarReviews, working within the solar industry since 2020. With a Master’s in Climate and Society and professional experience in marketing, she helps communicate the value of solar to homeowners and build awareness of the SolarReviews brand. On weekends you can find her at the Jersey shore, reading a book from the ever-increasing stack on her side table, or eating food someone else cooked….
