Connect with us
tesla-10000-superchargers-europe tesla-10000-superchargers-europe

News

Tesla Model 3 can be acquired for less than $27,000 in Oregon: estimate

(Credit:@lourencovc/Instagram)

Published

on

With Tesla’s recent round of price cuts for its entire lineup of premium all-electric vehicles, cars like the Model 3 sedan have become more affordable to mainstream car buyers. At $43,490 before incentives, the Model 3 RWD is a bang-for-the-buck all-electric car with ample range, power, and a suite of impressive active and passive safety features. 

But for residents in the US state of Oregon, the Model 3 RWD can be acquired for an even lower price. With the state’s incentives, the base Model 3 could be acquired for as low as $26,990-$28,390. That’s almost Toyota Corolla territory. After all, a well-equipped 2023 Toyota Corolla XSE could hike up the price of the humble Japanese sedan to about $26,500. 

Electric vehicle buyers from Oregon are able to stack incentives so that they can pay a lower price for their selected EVs. Among these incentives is the $7,500 federal tax credit as well as an additional $7,500 incentive through the Oregon Department of Environmental Quality’s Oregon Clean Vehicle and Charge Ahead Rebate programs. 

Local Oregon residents could also get a rebate of up to $2,500 for the purchase or lease of a new electric car, and low and moderate income residents are offered an additional $5,000 incentive on qualified new or used electric cars, as noted in a report from The Street. Qualified electric cars become eligible for the incentive provided that its price does not exceed $50,000, which the Model 3 RWD meets. 

Other local incentives, such as utility rebates, could also be utilized by EV buyers. These incentives could range between $100 and $1,500. With these incentives in mind, the publication calculated the discounted prices of several popular electric vehicles in Oregon. Needless to say, they are very compelling. 

Advertisement

The Model 3 RWD, for example, has a purchase price of $43,490. With a Federal Tax Credit of $7,500; the Oregon Clean Vehicle Rebate of $2,500; the Oregon Charge Ahead Rebate of $5,000; and local incentives of $100-$1,500, electric vehicle buyers in the state could acquire a base Tesla Model 3 for just about $26,990-$28,390. 

But it’s not just the Model 3. The Ford Mustang Mach-E, which has an MSRP of $45,995, could be acquired for $29,495-$30,895 with Oregon’s incentives. The Chevrolet Bolt EV, which is an affordable electric car to begin with, could see its price drop to as low as $10,000-$11,400 in the state, and the Nissan Leaf, the veteran EV from Japan, could be acquired for as low as $11,540-$12,940. These prices, of course, assume that a car buyer meets the state’s criteria to qualify for the available tax credits and incentives. 

More details on Oregon’s EV incentives can be viewed here

Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.

Advertisement

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Advertisement
Comments

News

BREAKING: Tesla launches public Robotaxi rides in Austin with no Safety Monitor

Published

on

Tesla has officially launched public Robotaxi rides in Austin, Texas, without a Safety Monitor in the vehicle, marking the first time the company has removed anyone from the vehicle other than the rider.

The Safety Monitor has been present in Tesla Robotaxis in Austin since its launch last June, maintaining safety for passengers and other vehicles, and was placed in the passenger’s seat.

Tesla planned to remove the Safety Monitor at the end of 2025, but it was not quite ready to do so. Now, in January, riders are officially reporting that they are able to hail a ride from a Model Y Robotaxi without anyone in the vehicle:

Tesla started testing this internally late last year and had several employees show that they were riding in the vehicle without anyone else there to intervene in case of an emergency.

Tesla has now expanded that program to the public. It is not active in the entire fleet, but there are a “few unsupervised vehicles mixed in with the broader robotaxi fleet with safety monitors,” Ashok Elluswamy said:

Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing

The Robotaxi program also operates in the California Bay Area, where the fleet is much larger, but Safety Monitors are placed in the driver’s seat and utilize Full Self-Driving, so it is essentially the same as an Uber driver using a Tesla with FSD.

In Austin, the removal of Safety Monitors marks a substantial achievement for Tesla moving forward. Now that it has enough confidence to remove Safety Monitors from Robotaxis altogether, there are nearly unlimited options for the company in terms of expansion.

While it is hoping to launch the ride-hailing service in more cities across the U.S. this year, this is a much larger development than expansion, at least for now, as it is the first time it is performing driverless rides in Robotaxi anywhere in the world for the public to enjoy.

Continue Reading

Investor's Corner

Tesla Earnings Call: Top 5 questions investors are asking

Published

on

(Credit: Tesla)

Tesla has scheduled its Earnings Call for Q4 and Full Year 2025 for next Wednesday, January 28, at 5:30 p.m. EST, and investors are already preparing to get some answers from executives regarding a wide variety of topics.

The company accepts several questions from retail investors through the platform Say, which then allows shareholders to vote on the best questions.

Tesla does not answer anything regarding future product releases, but they are willing to shed light on current timelines, progress of certain projects, and other plans.

There are five questions that range over a variety of topics, including SpaceX, Full Self-Driving, Robotaxi, and Optimus, which are currently in the lead to be asked and potentially answered by Elon Musk and other Tesla executives:

SpaceX IPO is coming, CEO Elon Musk confirms

  1. You once said: Loyalty deserves loyalty. Will long-term Tesla shareholders still be prioritized if SpaceX does an IPO?
    1. Our Take – With a lot of speculation regarding an incoming SpaceX IPO, Tesla investors, especially long-term ones, should be able to benefit from an early opportunity to purchase shares. This has been discussed endlessly over the past year, and we must be getting close to it.
  2. When is FSD going to be 100% unsupervised?
    1. Our Take – Musk said today that this is essentially a solved problem, and it could be available in the U.S. by the end of this year.
  3. What is the current bottleneck to increase Robotaxi deployment & personal use unsupervised FSD? The safety/performance of the most recent models or people to monitor robots, robotaxis, in-car, or remotely? Or something else?
    1. Our Take – The bottleneck seems to be based on data, which Musk said Tesla needs 10 billion miles of data to achieve unsupervised FSD. Once that happens, regulatory issues will be what hold things up from moving forward.
  4. Regarding Optimus, could you share the current number of units deployed in Tesla factories and actively performing production tasks? What specific roles or operations are they handling, and how has their integration impacted factory efficiency or output?
    1. Our Take – Optimus is going to have a larger role in factories moving forward, and later this year, they will have larger responsibilities.
  5. Can you please tie purchased FSD to our owner accounts vs. locked to the car? This will help us enjoy it in any Tesla we drive/buy and reward us for hanging in so long, some of us since 2017.
    1. Our Take – This is a good one and should get us some additional information on the FSD transfer plans and Subscription-only model that Tesla will adopt soon.

Tesla will have its Earnings Call on Wednesday, January 28.

Continue Reading

Elon Musk

Elon Musk shares incredible detail about Tesla Cybercab efficiency

Published

on

(Credit: Tesla North America | X)

Elon Musk shared an incredible detail about Tesla Cybercab’s potential efficiency, as the company has hinted in the past that it could be one of the most affordable vehicles to operate from a per-mile basis.

ARK Invest released a report recently that shed some light on the potential incremental cost per mile of various Robotaxis that will be available on the market in the coming years.

The Cybercab, which is detailed for the year 2030, has an exceptionally low cost of operation, which is something Tesla revealed when it unveiled the vehicle a year and a half ago at the “We, Robot” event in Los Angeles.

Musk said on numerous occasions that Tesla plans to hit the $0.20 cents per mile mark with the Cybercab, describing a “clear path” to achieving that figure and emphasizing it is the “full considered” cost, which would include energy, maintenance, cleaning, depreciation, and insurance.

ARK’s report showed that the Cybercab would be roughly half the cost of the Waymo 6th Gen Robotaxi in 2030, as that would come in at around $0.40 per mile all in. Cybercab, at scale, would be at $0.20.

Credit: ARK Invest

This would be a dramatic decrease in the cost of operation for Tesla, and the savings would then be passed on to customers who choose to utilize the ride-sharing service for their own transportation needs.

The U.S. average cost of new vehicle ownership is about $0.77 per mile, according to AAA. Meanwhile, Uber and Lyft rideshares often cost between $1 and $4 per mile, while Waymo can cost between $0.60 and $1 or more per mile, according to some estimates.

Tesla’s engineering has been the true driver of these cost efficiencies, and its focus on creating a vehicle that is as cost-effective to operate as possible is truly going to pay off as the vehicle begins to scale. Tesla wants to get the Cybercab to about 5.5-6 miles per kWh, which has been discussed with prototypes.

Additionally, fewer parts due to the umboxed manufacturing process, a lower initial cost, and eliminating the need to pay humans for their labor would also contribute to a cheaper operational cost overall. While aspirational, all of the ingredients for this to be a real goal are there.

It may take some time as Tesla needs to hammer the manufacturing processes, and Musk has said there will be growing pains early. This week, he said regarding the early production efforts:

“…initial production is always very slow and follows an S-curve. The speed of production ramp is inversely proportionate to how many new parts and steps there are. For Cybercab and Optimus, almost everything is new, so the early production rate will be agonizingly slow, but eventually end up being insanely fast.”

Continue Reading