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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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Tesla ramps production of its ‘new’ models at Giga Texas

The vehicles are being built at Tesla Gigafactory Texas in Austin, and there are plenty of units being built at the factory, based on a recent flyover by drone operator and plant observer Joe Tegtmeyer.

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Credit: Joe Tegtmeyer | X

Tesla is ramping up production of its ‘new’ Model Y Standard at Gigafactory Texas just over a week after it first announced the vehicle on October 7.

Earlier this month, Tesla launched the Tesla Model 3 and Model Y “Standard,” their release of what it calls its affordable models. They are priced under $40,000, and although there was some noise surrounding the skepticism that they’re actually “affordable,” it appears things have been moving in the right direction.

The vehicles are being built at Tesla Gigafactory Texas in Austin, and there are plenty of units being built at the factory, based on a recent flyover by drone operator and plant observer Joe Tegtmeyer:

The new Standard Tesla models are technically the company’s response to losing the $7,500 EV tax credit, which significantly impacts any company manufacturing electric vehicles.

However, it seems the loss of the credit is impacting others much more than it is Tesla.

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As General Motors and Ford are scaling back their EV efforts because it is beginning to hurt their checkbooks, Tesla is moving forward with its roadmap to catalyze annual growth from a delivery perspective. While GM, Ford, and Stellantis are all known for their vehicles, Tesla is known for its prowess as a car company, an AI company, and a Robotics entity.

Elon Musk was right all along about Tesla’s rivals and EV subsidies

Tesla should have other vehicles coming in the next few years, especially as the Cybercab is evidently moving along with its preliminary processes, like crash testing and overall operational assessment.

It has been spotted at the Fremont Factory several times over the past couple of weeks, hinting that the vehicle could begin production sometime next year.

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Tesla set to be impacted greatly in one of its strongest markets

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tesla norway
Credit: Robert O. Akander-Lima/LinkedIn

Tesla could be greatly impacted in one of its strongest markets as the government is ready to eliminate a main subsidy for electric vehicles over the next two years.

In Norway, EV concentrations are among the strongest in the world, with over 98 percent of all new cars sold in September being electric powertrains. This has been a long-standing trend in the Nordic region, as countries like Iceland and Sweden are also highly inclined to buy EVs.

Tesla Model Y leads sales rush in Norway in August 2025

However, the Norwegian government is ready to abandon a subsidy program it has in place, as it has effectively achieved what it set out to do: turn consumers to sustainability.

This week, Norway’s Finance Minister, Jens Stoltenberg, said it is time to consider phasing out the benefits that are given to those consumers who choose to buy an EV.

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Stoltenberg said this week (via Reuters):

“We have had a goal that all new passenger cars should be electric by 2025, and … we can say that the goal has been achieved. Therefore, the time is ripe to phase out the benefits.”

EV subsidies in Norway include reduced value-added tax (VAT) on cheaper models, lower road and toll fees, and even free parking in some areas.

The government also launched programs that would reduce taxes for companies and fleets. Individuals are also exempt from the annual circulation tax and fuel-related taxes.

In 2026, changes will already be made. Norway will lower its EV tax exemption to any vehicle priced at over 300,000 crowns ($29,789.40), down from the current 500,000, which equates to about $49,500.

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Tesla Superchargers most liked by Norway EV drivers

This would eliminate each of the Tesla Model Y’s trim levels from tax exemption status. In 2027, the VAT exemptions will be completely removed. Not a single EV on the market will be able to help owners escape from tax-exempt status.

There is some pushback on the potential loss of subsidies and benefits, and some groups believe that the loss of the programs will regress the progress EVs have made.

Christina Bu, head of the Norwegian EV Association, said:

“I worry that sudden and major changes will make more people choose fossil-fuel cars again, and I think everyone agrees that we don’t want to go back there.”

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Elon Musk

Elon Musk was right all along about Tesla’s rivals and EV subsidies

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elon musk
Credit: @Gf4Tesla/Twitter

With the loss of the $7,500 Electric Vehicle Tax Credit, it looks as if Tesla CEO Elon Musk was right all along.

As the tax credit’s loss starts to take effect, car companies that have long relied on the $7,500 credit to create sales for themselves are starting to adjust their strategies for sales and their overall transition to electrification.

On Tuesday, General Motors announced it would include a $1.6 billion charge in its upcoming quarterly earnings results from its EV investments.

Ford said in late September that it expects demand for its EVs to be cut in half. Stellantis is abandoning its plan to have only EVs being produced in Europe by 2030, and Chrysler, a brand under the Stellantis umbrella, is bailing on lofty EV sales targets here in the U.S.

How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies

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The tax credit and EV subsidies have achieved what many of us believed they were doing: masking car companies from the truth about their EV demand. Simply put, their products are not priced attractively enough for what they offer, and there is no true advantage to buying EVs developed by legacy companies.

These tax credits have helped companies simply compete with Tesla, nothing more and nothing less. Without them, their products likely would not have done as well as they have. That’s why these companies are now suddenly backtracking.

It’s something Elon Musk has said all along.

Back in January, during the Q4 and Full Year 2024 Earnings Call, Musk said:

“I think it would be devastating for our competitors and for Tesla slightly. But, long term, it probably actually helps Tesla, that would be my guess.”

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In July of last year, Musk said on X:

“Take away all the subsidies. It will only help Tesla.”

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Over the past few years, Tesla has started to lose its market share in the U.S., mostly because more companies have entered the EV manufacturing market and more models are being offered.

Nobody has been able to make a sizeable dent in what Tesla has done, and although its market share has gotten smaller, it still holds nearly half of all EV sales in the U.S.

Tesla’s EV Market Share in the U.S. By Year

    • 2020 – 79%
    • 2021 – 72%
    • 2022 – 62%
    • 2023 – 55%
    • 2024 – 49%

As others are adjusting to what they believe will be tempered demand for their EVs, Tesla has just reported its strongest quarter in company history, with just shy of half a million deliveries.

Will Tesla thrive without the EV tax credit? Five reasons why they might

Although Tesla benefited from the EV tax credit, particularly last quarter, some believe it will have a small impact since it has been lost. The company has many other focuses, with its main priority appearing to be autonomy and AI.

One thing is for sure: Musk was right.

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