What is the cheapest Tesla?

Asked by: Delphine Little  |  Last update: November 3, 2025
Score: 4.8/5 (54 votes)

Tesla Model 3 price The Tesla Model 3 is the cheapest Tesla car currently offered. The base rear-wheel drive (RWD) trim level has an official starting price of $38,990, while the Long Range version is priced at $47,490. The Performance model is the most expensive, starting at $54,990.

Is Tesla making a 25k car?

Musk announced in January 2022 that Tesla was “not currently working on the $25,000 car,” saying at the time that Tesla still planned to do it, but that the company had too much on its plate. He also said that making Tesla's cars autonomous was more important than designing a car for that price point.

Is Tesla coming out with a $7000 car?

Elon Musk, the company's visionary CEO, has announced plans for a groundbreaking $7,000 electric vehicle. This new entry-level Tesla aims to make electric cars accessible to a broader market, potentially revolutionizing sustainable transportation.

Is Tesla cheaper than gas?

What is the yearly cost of driving a Tesla? If you calculate the average of all Tesla models, it costs $614.95 to charge per year. Comparable gas-powered cars cost an average of $1,850.42 to fuel per year. So, Teslas cost approximately $1,235 less to drive each year than gas vehicles.

Are Tesla charging stations free?

Key takeaways

You can expect to pay between $6 and $50 to fully charge your Tesla at a Supercharger station, excluding any fees. Superchargers have an average rate of $0.25 per kilowatt-hour, but rates vary between locations.

2024 Tesla Model 3 vs The Cheapest Model 3 You Can Buy

43 related questions found

Do electric cars need oil changes?

Electric cars use completely different drivetrains, so you will never have to worry about routine oil changes that are necessary for traditional cars. Though your electric car does not need oil, it requires a routine check on these 3 fluids in EVs; coolant, brake fluid, and windshield washing fluid.

Is getting a Tesla expensive?

Most affordable: Tesla Model 3 ($42,990) Most expensive: Tesla Model X, Plaid ($119,990) Longest range: Tesla Model S (405 miles) Shortest range: Tesla Model 3 (272 miles)

Can you buy a Tesla from the lot?

Tesla allows you to buy its vehicles through its official website or at in-person showrooms. In most cases, you'll order your car and customize it, as Teslas are rarely available for immediate purchase on-site.

What is the lowest price of a Tesla?

How much does a Tesla model cost? A Tesla can be priced as low as $38,990 or as high as $113,630 in 2025, depending on the model and added features. The cheapest Tesla model is the base Model 3 Rear-Wheel Drive, starting at $38,990. This is less than the average cost of an electric car, which is about $55,000.

What is the most expensive car?

The most expensive car in the world currently is the Rolls-Royce La Rose Noire Droptail, which costs $US32 million ($AUD49 million).

Can I pay for a Tesla in full?

You can purchase a Tesla vehicle by financing with a Tesla financier or a third-party financier over the terms of 36 to 84 months. Tesla Financing is only available to qualifying customers. You can also purchase a Tesla vehicle by paying upfront in cash.

How much will a Tesla cost in 2025?

2025 Tesla Model Y Goes on Sale in the U.S. Starting at $61,630.

What is the smallest Tesla?

Well, it does – and its best-known model is the Tesla Model 3. The Model 3 is a fully electric car, and is also the US brand's smallest and cheapest model. It sits below the Tesla Model S luxury saloon, and the Tesla Model X and Model Y SUVs in the car maker's (all-electric) line-up.

Will Tesla be more affordable?

In fact, it appears that Tesla is poised to start the production of more affordable models sooner than expected. This was indicated by Tesla in its Q3 2024 Update Letter, which noted that plans for new vehicles, including more affordable models, are still on track to start production in the first half of 2025.

Is Tesla insurance cheaper?

Tesla car insurance costs more than other cars, partly due to expensive repairs. See rates and model breakdown. Teslas cost more to insure than other cars, with the Model 3 being the cheapest to cover. As of mid-2024, the average price per month for Tesla insurance was $329, factoring in all models.

What states can't buy a Tesla?

U.S. states with bans on direct sales models like at Tesla, Rivian
  • Alabama (includes service centers)
  • Arkansas.
  • Connecticut (leasing is allowed; tribal land loophole)
  • Iowa.
  • Kansas (includes storefronts)
  • Kentucky.
  • Louisiana (Tesla allowed through special license, “service center” model)
  • Nebraska.

Can I sell my Tesla after I buy it?

The answer: you own your Tesla (unless you lease it), and legally you have the ability to sell your Tesla, whether it's to a dealership, through a private sale, or back to Tesla in a trade. So, the answer is—yes, you can sell a Tesla privately.

What is the downside of buying a Tesla?

Maintenance and Insurance Costs

Later down the road, you may also have to replace the battery, which can cost up to $16,000. However, Tesla batteries come with an eight year/150,000-mile warranty. With these high repair costs come potentially high insurance premiums.

How much will a Tesla car cost in 5 years?

2024 Tesla Model 3 Standard 5-Year Cost to Own

A 2024 Tesla Model 3 Standard has a 5-year cost-to-own of $71,003. After 5 years a 2024 Model 3 Standard will depreciate $27,222 and have a residual value of $13,408. During this time out-of-pocket expenses are expected to total $43,781.

Is having a Tesla cheaper than gas?

A 2020 Consumer Reports study similarly showed that EV drivers tend to spend about 60 percent less each year on fuel costs compared to drivers of gas-powered cars.

Do electric cars work in cold weather?

Just like gas-powered cars, EVs tend to run better when protected from freezing temperatures. Parking indoors or in a covered space during cold weather can help ensure your EV can go the distance through even the frostiest winter days.

Do electric cars need antifreeze?

Although your EV won't have ice flowing inside it, it does have coolant. In an EV, coolant circulates through tubes that surround the battery to keep its temperature in that sweet range of 20 to 30°C. This ensures that your vehicle gets as much range as possible.

Do electric cars last longer than gas cars?

When it comes strictly down to numbers of miles and years, an EV will likely outlast an internal combustion engine (ICE) vehicle. With regular use, the average lifespan of a gas vehicle is 150,000 miles or eight years, and EVs can last up to 200,000 miles, or about 12 years.