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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.

Table of contents

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.

2023 Tesla prices
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).

2023 Tesla prices

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 S begins 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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Biden’s $635M good-bye, Trump’s DOT pick will investigate Tesla, and a look ahead

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Biden's 5M good-bye, Trump's DOT pick will investigate Tesla, and a look ahead

On today’s episode of Quick Charge we explore the uncertainty around the future of EV incentives, the roles different stakeholders will play in shaping that future, and our friend Stacy Noblet from energy consulting firm ICF stops by to share her take on what lies ahead.

We’ve got a couple of different articles and studies referenced in this forward-looking interview, and I’ve done my best to link to all of them below. If I missed one, let me know in the comments.

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

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.

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.

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In December, EV sales were still up and incentives were still sweet – Kelley Blue Book

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In December, EV sales were still up and incentives were still sweet – Kelley Blue Book

EV sales kept up their momentum in December 2024, with incentives playing a big role, according to the latest Cox Automotive’s Kelley Blue Book report.

December’s strong EV sales saw an average transaction price (ATP) of $55,544, which helped push the industry-wide ATP higher, according to Kelley Blue Book. The December ATP for an EV was higher year-over-year by 0.8%, slightly below the industry average, and higher month-over-month by 1.1%. Tesla ATPs were higher year-over-year by 10.5%.

Incentives for EVs remained elevated in December, although they were slightly lower month-over-month at 14.3% of ATP, down from 14.7% in November.

EV incentives were higher by an impressive 41% year-over-year and have been above 12% of ATP for six consecutive months. Strong sales incentives, which averaged more than $6,700 per sale in 2024, were one reason EV sales surpassed 1.3 million units last year, according to Cox Automotive, a new record for volume and share.

(My colleague Jameson Dow reported yesterday, “In 2024, the world sold 3.5 million more EVs than it did in the previous year … This increase is larger than the 3.2 million increase in EV sales from the previous year – meaning that EV sales aren’t just up, but that the rate of growth is itself increasing.”)

Kelley Blue Book estimated that in December, approximately 84,000 vehicles – or 5.6% of total sales – transacted at prices higher than $80,000 – the highest volume ever. KBB lumps gas cars and EVs together into this luxury vehicle category, so this is where Tesla Cybertruck is slotted.

However, Tesla bundles sales figures of Cybertruck with Model S, Model X, and Tesla Semi(!) into a category it calls “other models,” so we don’t know for sure exactly how many Cybertrucks Tesla sold in Q4, much less in December. However, Electrek‘s Fred Lambert estimates between 9,000 and 12,000 Cybertrucks were sold in Q4, and that’s not a stellar sales figure.

What will January bring when it comes to EV ATPs? What about tax credits? Check back in a month and I’ll fill you in.


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Tesla claims Cybertruck is ‘best-selling electric pickup’ without even confiming sales

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Tesla claims Cybertruck is 'best-selling electric pickup' without even confiming sales

Tesla is now claiming that Cybertruck was the ‘best-selling electric pickup in US’ last year despite not even reporting the number of deliveries.

There’s a lot of context needed here.

As we often highlighted, Tesla is sadly one of, if not the most, opaque automakers regarding sales reports.

Tesla doesn’t break down sales per model or even region.

For comparison, here’s Ford’s Q4 2024 sales report compared to Tesla’s:

You could argue that Tesla has fewer models than Ford, and that’s true, but Tesla’s report literally has two lines despite having six different models.

There’s no reason not to offer a complete breakdown like all other automakers other than trying to make it hard to verify the health of each vehicle program.

This has been the case with the Cybertruck. Tesla is bundling its Cybertruck deliveries with Model S, Model X, and Tesla Semi deliveries.

Despite this lack of disclosure, Tesla has been able to claim that the Cybertruck has become “the best-selling electric pickup truck” in the US in 2024:

It very well might be true. Ford disclosed 33,510 F-150 Lightning truck deliveries in the US in 2024 while most estimates are putting Cybertruck deliveries at around 40,000 units.

Those are global deliveries, but Tesla only delivered the Cybertruck in the US, Canada, and Mexico in 2024, and most of the deliveries are believed to be in the US.

However, there’s essential context needed here, as we highlighted in our recent ‘Tesla Cybertruck sales are disastrous‘ article.

First off, Tesla had a backlog of over 1 million reservations for the Cybertruck that it has been building since 2019. This led many to believe Tesla already had years of demand baked in for the truck and that production would be the constraint.

However, based on estimates, again, because Tesla refuses to disclose the data, Cybertruck deliveries were either flat or down in Q4 versus Q3 despite Tesla introducing cheaper versions of the vehicle and ramping up production.

Again, that’s after just about 40,000 deliveries.

Furthermore, with almost 11,000 deliveries in Q4 in the US, Ford more likely than not outsold Cybertruck with the F-150 Lightning in Q4.

Electrek’s Take

Tesla is in damage control here. There’s no doubt that it is having issues selling the Cybertruck.

Inventory is full of Cybertrucks and Tesla is now discounting them and offering free lifetime Supercharging.

Tesla is great at ramping up production, and it’s clear the Cybertruck is not production-constrained anymore. It is demand-constrained despite having over 1 million reservations.

Again, those reservations were made before Tesla unveiled the production version, which happened to have less range and cost significantly more.

The upcoming cheaper single motor version should help with demand, but I have serious doubts Tesla can ramp this program up to more than 100,000 units in the US.

As a reminder, Tesla installed a production capacity of 250,000 units annually and Musk said he could see Tesla selling 500,000 Cybertrucks per year.

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