How much does a Tesla cost? Tesla, Inc is an American multinational automotive and clean energy company headquartered in Austin, Texas. Tesla designs and manufactures electric vehicles (electric cars and trucks), battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world’s most valuable companies and remains the world’s most valuable automaker with a market capitalization of more than US$760 billion.
Elon Musk, CEO and founder of Tesla, is the wealthiest person in the world after overtaking Jeff Bezos in 2022.
Despite Musk’s success, owning a Tesla isn’t for everyone. Some might be hesitant to embrace Tesla’s self-driving and driver-assist technologies. CNBC reported that Tesla was the leader in driver assistance crashes between June 2021 and June 2022. While this data doesn’t necessarily mean Tesla cars are less safe than other cars with similar technologies, it shows a danger associated with these developing technologies.
The cost might put others off.
How much does a Tesla cost?
According to Motor Trend magazine, a Tesla car could cost anywhere from $45,000 to well over $200,000 as of June 2022.
Starting June 20, 2022, a new Tesla Model 3 will cost around $48,000 but think twice about buying the cheapest model. According to Tesla, its battery is only designed to get you an estimated 267 miles. For the Model 3 Long Range, which will get you about 67 more miles, you should expect to pay $51,000. Range varies with wheel choice, depending on the company.
According to Motor Trend, the Tesla Roadster, an electric sports car that the company says can hit 60 miles per hour in just 1.9 seconds, will start at around $200,000, with the limited-edition Founders set to cost approximately $250,000.
When will the Cybertruck be released?
According to Electrek, the Cybertruck’s release has been moved from late 2021 to late 2022. Tesla is currently taking reservations, but the truck was not yet in production as of June 2022.
Motor Trend estimates the single-engine Cybertruck will start at $39,900.
How do Tesla’s sales compare to those of other electric car makers?
Among electric car makers, Tesla leads in the United States as of June 2022.
In 2021, Tesla became the first automaker to sell 2 million electric cars, according to Inside EVs. According to Electrek, Tesla vehicles accounted for 79% of new electric cars registered in the United States in 2020.
That’s not to say Tesla doesn’t have competition. According to CNBC, Volkswagen’s chief executive has declared plans to overtake Tesla in vehicle sales by 2025.
Bloomberg Intelligence suggests that Volkswagen, already the European leader, could overtake Tesla as early as 2024.
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