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Tesla Prices: Model S, Model 3, Model X, and Model Y

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Considering an electric vehicle and wondering where Tesla prices are currently hovering? We’ve got you covered.

As electric vehicle demand continues to increase, Teslarati has broken down each Tesla model’s price, what specs come with each trim level, and when you can take delivery.

Tesla Model S Price

tesla prices

Credit: Tesla

The Tesla Model S is the company’s flagship vehicle and among the most luxurious in Tesla’s lineup. There are two trim levels for the Model S: Dual Motor All-Wheel Drive, and Tri-Motor All-Wheel-Drive, known as Plaid.

  • Tesla Model S – Dual Motor All-Wheel-Drive – $104,990 or $96,590 after potential incentives
    • 375 miles of range, 149 MPH top speed, 3.1 seconds from 0-60 MPH
      • Delivery as soon as November 2022, as late as February 2023
  • Tesla Model S – Tri-Motor All-Wheel-Drive or ‘Plaid’ – $135,990 or $127,590 after potential incentives
    • 348 miles of range, 200 MPH top speed, 1.99 seconds from 0-60 MPH

Tesla Model 3 Price

tesla prices

Credit: Tesla

The Tesla Model 3 is Tesla’s most-affordable vehicle and was the company’s first mass-market automobile. There are three trim levels for the Model 3: Base Rear-Wheel Drive, Long Range All-Wheel-Drive, and Performance All-Wheel-Drive.

  • Tesla Model 3 – Base Rear-Wheel Drive – $46,990, or $40,390 after potential incentives
    • 267 miles of range, 140 MPH top speed, 5.8 seconds from 0-60 MPH
      • Delivery as soon as November 2022, as late as December 2022
  • Tesla Model 3 – Long Range All-Wheel-Drive – This model is currently unavailable due to demand, and is not priced. Tesla said it will be available in 2023
  • Tesla Model 3 – Performance All-Wheel-Drive – $62,990, or $56,390 after potential incentives
    • 315 miles of range, 162 MPH top speed, 3.1 seconds from 0-60 MPH
      • Delivery as soon as November 2022, as late as December 2022

Tesla Model X Price

tesla prices

Credit: Tesla

The Tesla Model X is Tesla’s flagship SUV and is most noted as the vehicle with falcon-wing doors. There are two trim levels for the Model X: Dual Motor All-Wheel Drive, and Tri-Motor All-Wheel-Drive, known as Plaid.

  • Tesla Model X – Dual Motor All-Wheel-Drive – $120,990 or $112,590 after potential incentives
    • 332 miles of range, 155 MPH top speed, 3.8 seconds from 0-60 MPH
      • Delivery as soon as March 2023, as late as June 2023
  • Tesla Model X – Tri-Motor All-Wheel-Drive or ‘Plaid’ – $138,990 or 130,590 after potential incentives
    • 311 miles of range, 163 MPH top speed, 2.5 seconds from 0-60 MPH
      • Delivery as soon as November, as late as December 2022

Tesla Model Y Price

tesla prices

Credit: Tesla

The Tesla Model Y is Tesla’s newest vehicle and its best-selling car. Tesla first delivered the Model Y in early 2021, and it has become one of the most popular cars in the world. There are two trim levels for the Model Y: Dual Motor Long Range All-Wheel-Drive, and Dual Motor Performance All-Wheel-Drive.

  • Tesla Model Y – Dual Motor Long Range All-Wheel-Drive – $65,990, or $58,190 after potential incentives
    • 318 miles of range, 135 MPH top speed, 4.8 seconds from 0-60 MPH
      • Delivery as soon as December 2022, as late as April 2022
  • Tesla Model Y – Dual Motor Performance All-Wheel-Drive – $69,990 or $62,190 after potential incentives
    • 303 miles of range, 155 MPH top speed, 3.5 seconds from 0-60 mph
      • Delivery as soon as November 2022, as late as December 2022

I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Elon Musk

Elon Musk shares incredible detail about Tesla Cybercab efficiency

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(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.

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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.”

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Elon Musk

Elon Musk to attend 2026 World Economic Forum at Davos

The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink.

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Elon Musk planned to attend the World Economic Forum in Davos for the first time, marking a notable shift after years of public criticism of the annual gathering. The Tesla CEO was confirmed as a last-minute speaker for a session alongside BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the global economic forum. Musk was confirmed as a late addition to Davos program Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session in Davos, where he was scheduled to speak with Larry Fink. The appearance marked Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Switzerland. Musk’s attendance represented a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His Davos appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech. The session also underscored Musk’s expanding role beyond Tesla, reflecting his leadership across multiple ventures, including SpaceX and xAI. A previously strained relationship showed signs of easing Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers. The forum previously said Musk had not been invited since 2015, though that position shifted as his global influence grew. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in efforts to improve government efficiency during Trump’s administration. Musk later stepped away from that role. Despite the past friction, Musk remained central to several global debates, ranging from SpaceX’s provision of satellite internet services in geopolitically sensitive regions to controversy surrounding content generated by xAI’s Grok chatbot. His decision to attend Davos suggested a pragmatic recalibration, even as his relationship with the forum remained complex.

Elon Musk is poised to attend the 2026 World Economic Forum in Davos. The Tesla CEO was confirmed as a last-minute speaker for a session with BlackRock CEO Larry Fink, signaling a thaw in Musk’s long-strained relationship with the event.

A late addition

Organizers of the World Economic Forum confirmed that Elon Musk was added shortly before the event to a Thursday afternoon session, where he was scheduled to speak with Fink, as noted in a Bloomberg News report. Musk’s upcoming appearance marks Musk’s first participation in the forum, which annually draws political leaders, business executives, and global media to Davos, Switzerland.

Musk’s attendance represents a departure from his past stance toward the event. He had been invited in prior years but declined to attend, including in 2024. His upcoming appearance followed remarks from his political ally, Donald Trump, who addressed the forum earlier in the week with a wide-ranging speech.

A previously strained relationship

Musk had frequently criticized the World Economic Forum in the past, describing it as elitist and questioning its influence. In earlier posts, he characterized the gathering as “boring” and accused it of functioning like an unelected global authority. Those remarks contributed to a long-running distance between Musk and WEF organizers.

The forum previously said Musk had not been invited since 2015, though that position has since shifted. Organizers indicated last year that Musk was welcome amid heightened interest in his political and business activities, including his involvement in the Trump administration’s Department of Government Efficiency (DOGE). Musk later stepped away from that role.

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Despite his friction with the World Economic Forum, Musk has remained central to several global events, from SpaceX’s provision of satellite internet services in geopolitically sensitive regions through Starlink to the growing use of xAI’s Grok in U.S. government applications.

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Tesla states Giga Berlin workforce is stable, rejects media report

As per the electric vehicle maker, production and employment levels at the facility remain stable.

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tesla-model-y-giga-berlin-delivery
Credit: Tesla

Tesla Germany has denied recent reports alleging that it has significantly reduced staffing at Gigafactory Berlin. As per the electric vehicle maker, production and employment levels at the facility remain stable.

Tesla denies Giga Berlin job cuts report

On Wednesday, German publication Handelsblatt reported that Tesla’s workforce in Gigafactory Berlin had been reduced by about 1,700 since 2024, a 14% drop. The publication cited internal documents as its source for its report. 

In a statement to Reuters, Tesla Germany stated that there has been no significant reduction in permanent staff at its Gigafactory in Grünheide compared with 2024, and that there are no plans to curb production or cut jobs at the facility. 

“Compared to 2024, there has been no significant reduction in the number of permanent staff. Nor are there any such plans. Compared to 2024, there has been no significant reduction in the number of permanent staff. Nor are there any such plans,” Tesla noted in an emailed statement. 

Tesla Germany also noted that it’s “completely normal” for a facility like Giga Berlin to see fluctuations in its headcount.

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A likely explanation

There might be a pretty good reason why Giga Berlin reduced its headcount in 2024. As highlighted by industry watcher Alex Voigt, in April of that year, Elon Musk reduced Tesla’s global workforce by more than 10% as part of an effort to lower costs and improve productivity. At the time, several notable executives departed the company, and the Supercharger team was culled.

As with Tesla’s other factories worldwide, Giga Berlin adjusted staffing during that period as well. This could suggest that a substantial number of the 1,700 employees reported by Handelsblatt were likely part of the workers who were let go by Elon Musk during Tesla’s last major workforce reduction.

In contrast to claims of contraction, Tesla has repeatedly signaled plans to expand production capacity in Germany. Giga Berlin factory manager André Thierig has stated on several occasions that the site is expected to increase output in 2026, reinforcing the idea that the facility’s long-term trajectory remains growth-oriented.

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