Although its lead has started to dwindle a bit going into 2023, Tesla continues to be the true #1 in EVs around the globe by market cap. While other automakers are driving their new electrified models through a door in the automotive industry that Tesla originally kicked in, the American automaker continues to offer four super popular EV models. That being said, prices have risen in recent years and continue to fluctuate… often. Here’s where Tesla prices currently sit in 2023.
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How much is a Tesla in 2023?
Tesla currently offers EV models of varying trim levels and prices to choose from in 2023. Below, we have compiled all the current pricing for each available Tesla model ranging from its lowest, bare-bones starting price to its maximum MSRP. Let’s begin with Tesla’s most affordable EV, the Model 3.
A Tesla Model 3 / Source: Tesla
2023 Model 3 prices: The “cheapest” Tesla
When we say that the Model 3 is the most affordable Tesla, that doesn’t necessarily mean it doesn’t cost a lot, especially in 2023. You may recall that when Tesla first introduced this EV in 2016, it was aiming to deliver at at a price below $35,000 and did – for a very short period of time.
First and foremost, it’s important to preface these prices by stating that they are accurate at the time of this post, but Tesla likes to keep us all on our toes, so that could certainly change. We will try our best to keep this article updated with the latest pricing for you. Let’s dig in.
Currently, the Rear-Wheel Drive trim of the Tesla Model 3 starts at an MSRP of $43,990 with zero upgrades, not including any taxes, destination, or other fees.
To give you the full price range of the Model 3, we also priced it loaded with every available upgrade including red paint, 19″ Sport Wheels, black and white interior, plus the perpetually forthcoming full-self driving capability for an additional $15,000. All in, the fully-loaded RWD Model 3 costs $63,490.
If you don’t want to spring for full-self driving capabilities, Tesla offers a less robust add-ons called Enhanced Autopilot that delivers features like auto lane change, autopark, and navigation on autopilot. That option is only $6,000 rather than the $15k mentioned above.
The Long Range Model 3 used to start at $55,990 and reach a top end price of $72,490, but that version is currently not available until sometime in 2023, so pricing has been removed for now. We will update accordingly.
Lastly, the Performance version of the Model 3 starts significantly lower in 2023 than it was in 2022, at an MSRP of $53,990. Decked out it can go as high as $71,990 with 20″ Überturbine wheels and other add-ons mentioned above.
Another new sales tactic for Tesla is a separate fee for charging connectors. No matter which model or trim you choose, you now have to pay an additional $200-$400 for your mobile or wall charging connector. Model 3 prices have come a long way since its initial debut as Tesla’s cheapest EV, but you can still save some cash by getting yourself a pre-owned model.
A new Model Y built at Giga Texas
Tesla Model Y prices
With continued delays of the Cybertruck (more on that later), the Tesla Model Y currently sits as the newest Tesla EV, despite beginning deliveries back in early 2020. Three years later, the Tesla Model Y comes in two different options and prices, both of which are higher than its compact Model 3 sibling.
Just like the Model 3 above, we have provided the bare bones MSRP option as well as the completely loaded Model Y with add-ons like red paint, 20″ Induction Wheels, black and white interior, a tow hitch, and full FSD capabilities (again, you also can pay $6,000 for “enhanced autopilot” instead).
To begin, the dual motor Long Range Model Y starts at a base MSRP of $52,990 and can jump to $77,990 fully-decked out. This higher price includes all the available features mentioned above as well as the seven seat interior option for an extra $3,000 (only available on the Long Range trim).
The Model Y Performance trim starts at $56,990, and it, too, increases to $75,990 when souped up (although you can only get the five seat interior).
Tesla Model S prices
Aside from the original Tesla Roadster, the Model S remains the oldest EV model from the American automaker and the longest running in production. As more affordable Tesla models like the 3 and Y have emerged over the years, higher end EVs like the Model S have seen sales slow down a bit.
In 2023, consumers that can afford the prices of the Tesla Model S trims are certainly still buying, especially given the high-end specs the Plaid trim provides.
Currently, the Dual Motor Model Sbegins at an MSRP of $94,990, down about $10k compared to most of 2022. Despite not having any add-ons, the $95k version of the Model S can travel 0-60 mph in just over three seconds and offers over 400 miles of EPA estimated range.
With that said, the loaded version of the Dual Motor Model S provides similar performance, but with added features like red paint, cream (or black and white) interior, and FSD capabilities – all for $118,990. This price also includes 21″ Arachnid wheels which also lowers this particular trim’s range down to 375 miles.
Despite the impressive specs on the Dual Motor Model S, they are nothing compared to Plaid and the price tag that follows suit. The tri-motor Model S Plaid starts out at an MSRP of $114,990 with zero upgrades. All-in, however, you’re looking at a purchase price of $138,990, including those same Arachnid wheels that again sacrifice a bit of range (~48 miles).
To kick off 2023, Tesla not only lowered prices of all its models, but also started offering Model S customers the choice of the standard steering wheel again, in addition to the yoke.
Prices for 2023 Tesla Model X
You’d think that with the sportiness of the Model S Plaid, it would be the most expensive Tesla model, and for a portion of time it was. However, 2022 bought about a Plaid version of the Tesla Model X, and its prices remain the automaker’s highest yet.
You get what you pay for, as they say, and the Model X has the most to offer drivers in terms of space and performance, but for a price. Like its veteran sedan counterpart, the Model X currently comes in two available trims.
The Dual Motor Model X starts at an MSRP of $109,990 minimum – again, down compared to 2022 (for now). From there, it vaults up to $141,490 with added bonuses like 22″ Turbine wheels, cream interior, and a $6,500 up-charge for a six seat interior that includes captain’s chairs. If you’d rather have the seven-seat row, it costs $3,000 less.
The Model X refresh brought a Plaid version to the lineup to replace the Performance trim. Plaid starts at $119,990 and maxes out at $144,990, including all the most expensive add-ons. Note that the Model X Plaid currently only comes in the six seat option.
Potential cost of upcoming Tesla models
It’s been three years since Tesla has introduced a new models to its lineup, but it has been teasing the masses with two upcoming passenger EVs for six years now. This includes the Cybertruck and the 2nd Generation Roadster.
How much do they cost? Well, let’s just say their prices have changed over the years and as of 2023, Tesla remains far more tight lipped about it.
Cybertruck
Originally, the Tesla Cybertruck was priced out in three separate trims of varying MSRPs:
Single motor RWD – $49,900
Dual motor AWD – $59,900
Tri motor AWD – $79,900
However, Cybertruck production has been delayed mutliple times, and although we’ve spotted some prototypes out driving around, we no longer have a grasp on what this EV behemoth will cost when it eventually arrives. Since October 2021, the pricing and specs of the Cybertruck are no longer listed on Tesla’s website.
That being said, with Gigafactory Texas ramping up operations, the Cybertruck appears closer than ever to reaching scaled production. In May of 2022, Tesla began once again taking reservations for the Cybertruck for North American customers only. That only costs $100 down too.
That remains the case while we continue to await details of the actual production model, which should eventually be followed by official pricing… someday.
2nd generation Roadster
While Tesla fans have been waiting over four years for the Cybertruck to arrive, they’ve been tortured even longer by the prospect of a 2nd Generation Roadster, which was originally unveiled in 2017.
It was first scheduled to begin production in 2020, but Tesla has continuously punted its start of assembly to focus on its other EVs, particularly the Cybertruck. We know for sure that this hyper EV is delayed until at least 2023 at the earliest.
Tesla originally listed the revamped Roadster at a price of $200,000 with $50,000 required up front to confirm a reservation. Additionally, Tesla originally offered a “Founder’s Series” version of the Roadster which appeared to be a limited production run for $250,000. The Founders Series Roadster required the full amount up front within ten days of the reservation, and has since sold out.
In 2023, Tesla no longer lists any pricing for the 2nd Generation Roadster, nor does it mention the Founder’s Series version at all. All we know is that you still need to pay $50,000 within ten days of reserving one to hold your spot in line.
While you wait for its arrival, you can relive the magic of the Roadster’s first unveiling back in 2017 below.
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More than 3 years later, the vehicle never went into volume production. Instead, Tesla only ran a very low volume pilot production at a factory in Nevada and only delivered a few dozen trucks to customers as part of test programs.
But Tesla promised that things would finally happen for the Tesla Semi this year.
The goal was to start production in 2025, start customer deliveries, and ramp up to 50,000 trucks yearly.
Now, Ryder, a large transportation company and early customer-partner in Tesla’s semi truck program, is talking about further delays. The company also refers to a significant price increase.
California’s Mobile Source Air Pollution Reduction Review Committee (MSRC) awarded Ryder funding for a project to deploy Tesla Semi trucks and Megachargers at two of its facilities in the state.
Ryder had previously asked for extensions amid the delays in the Tesla Semi program.
In a new letter sent to MSRC last week and obtained by Electrek, Ryder asked the agency for another 28-month delay. The letter references delays in “Tesla product design, vehicle production” and it mentions “dramatic changes to the Tesla product economics”:
This extension is needed due to delays in Tesla product design, vehicle production and dramatic changes to the Tesla product economics. These delays have caused us to reevaluate the current Ryder fleet in the area.
The logistics company now says it plans to “deploy 18 Tesla Semi vehicles by June 2026.”
The reference to “dramatic changes to the Tesla product economics” points to a significant price increase for the Tesla Semi, which further communication with MSRC confirms.
In the agenda of a meeting to discuss the extension and changes to the project yesterday, MSRC confirms that the project went from 42 to 18 Tesla Semi trucks while the project commitment is not changing:
Ryder has indicated that their electric tractor manufacturer partner, Tesla, has experienced continued delays in product design and production. There have also been dramatic changes to the product economics. Ryder requests to reduce the number of vehicles from 42 to 18, stating that this would maintain their $7.5 million private match commitment.
In addition to the electric trucks, the project originally involved installing two integrated power centers and four Tesla Megachargers, split between two locations. Ryder is also looking to now install 3 Megachargers per location for a total of 6 instead of 4.
The project changes also mention that “Ryder states that Tesla now requires 600kW chargers rather than the 750kW units originally engineered.”
Tesla Semi Price
When originally unveiling the Tesla Semi in 2017, the automaker mentioned prices of $150,000 for a 300-mile range truck and $180,000 for the 500-mile version. Tesla also took orders for a “Founder’s Series Semi” at $200,000.
However, Tesla didn’t update the prices when launching the “production version” of the truck in late 2023. Price increases have been speculated, but the company has never confirmed them.
New diesel-powered Class 8 semi trucks in the US today often range between $150,000 and $220,000.
The combination of a reasonable purchase price and low operation costs, thanks to cheaper electric rates than diesel, made the Tesla Semi a potentially revolutionary product to reduce the overall costs of operation in trucking while reducing emissions.
However, Ryder now points to a “dramatic” price increase for the Tesla Semi.
What is the cost of a Tesla Semi electric truck now?
Electrek’s Take
As I have often stated, Tesla Semi is the vehicle program I am most excited about at Tesla right now.
If Tesla can produce class 8 trucks capable of moving cargo of similar weight as diesel trucks over 500 miles on a single charge in high volume at a reasonable price point, they have a revolutionary product on their hands.
But the reasonable price part is now being questioned.
After reading the communications between Ryder and MSRC, while not clear, it looks like the program could be interpreted as MSRC covering the costs of installing the charging stations while Ryder committed $7.5 million to buying the trucks.
The math makes sense for the original funding request since $7.5 million divided by 42 trucks results in around $180,000 per truck — what Tesla first quoted for the 500-mile Tesla Semi truck.
Now, with just 18 trucks, it would point to a price of $415,000 per Tesla Semi truck. It’s possible that some of Ryder’s commitment could also go to an increase in Megacharger prices – either per charger or due to the two additional chargers. MSRC said that they don’t give more money when prices go up after an extension.
I wouldn’t be surprised if the 500-mile Tesla Semi ends up costing $350,000 to $400,000.
If that’s the case, Tesla Semi is impressive, but it won’t be the revolutionary product that will change the trucking industry.
It will need to be closer to $250,000-$300,000 to have a significant impact, which is not impossible with higher-volume production but would be difficult.
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British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.
Nurphoto | Nurphoto | Getty Images
British oil major BP on Friday said its chair Helge Lund will soon step down, kickstarting a succession process shortly after the company launched a fundamental strategic reset.
“Having fundamentally reset our strategy, bp’s focus now is on delivering the strategy at pace, improving performance and growing shareholder value,” Lund said in a statement.
“Now is the right time to start the process to find my successor and enable an orderly and seamless handover,” he added.
Lund is expected to step down in 2026. BP said the succession process will be led by Amanda Blanc in her capacity as senior independent director.
Shares of BP traded 2.2% lower on Friday morning. The London-listed firm has lagged its industry rivals in recent years.
BP announced in February that it plans to ramp up annual oil and gas investment to $10 billion through 2027 and slash spending on renewables as part of its new strategic direction.
Analysts have broadly welcomed BP’s renewed focus on hydrocarbons, although the beleaguered energy giant remains under significant pressure from activist investors.
U.S. hedge fund Elliott Management has built a stake of around 5% to become one of BP’s largest shareholders, according to Reuters.
Activist investor Follow This, meanwhile, recently pushed for investors to vote against Lund’s reappointment as chair at BP’s April 17 shareholder meeting in protest over the firm’s recent strategy U-turn.
Lund had previously backed BP’s 2020 strategy, when Bernard Looney was CEO, to boost investment in renewables and cut production of oil and gas by 40% by 2030.
BP CEO Murray Auchincloss, who took the helm on a permanent basis in January last year, is under significant pressure to reassure investors that the company is on the right track to improve its financial performance.
‘A more clearly defined break’
“Elliott continues to press BP for a sharper, more clearly defined break with the strategy to pivot more quickly toward renewables, that was outlined by Bernard Looney when he was CEO,” Russ Mould, AJ Bell’s investment director, told CNBC via email on Friday.
“Mr Lund was chair then and so he is firmly associated with that plan, which current boss Murray Auchincloss is refining,” he added.
Mould said activist campaigns tend to have “fairly classic thrusts,” such as a change in management or governance, higher shareholder distributions, an overhaul of corporate structure and operational improvements.
“In BP’s case, we now have a shift in capital allocation and a change in management, so it will be interesting to see if this appeases Elliott, though it would be no surprise if it feels more can and should be done,” Mould said.
On today’s hyped up hydrogen episode of Quick Charge, we look at some of the fuel’s recent failures and billion dollar bungles as the fuel cell crowd continues to lose the credibility race against a rapidly evolving battery electric market.
We’re taking a look at some of the recent hydrogen failures of 2025 – including nine-figure product cancellations in the US and Korea, a series of simultaneous bus failures in Poland, and European executives, experts, and economists calling for EU governments to ditch hydrogen and focus on the deployment of a more widespread electric trucking infrastructure.
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
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