Why is the Model Y more expensive than the Model 3?
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Why is the Model Y more expensive than the Model 3?
For folks whose EV purchase comes down to their budget, the decision between these two Tesla cars may be simple. The Model 3 is much less expensive than the Model Y, mostly because the Model 3 is available in the Standard Range Plus configuration.
Does Tesla plan to make cheaper cars?
Tesla plans to release a new all-electric vehicle which promises to be cheaper than ever before. But it was the $25,000 car that tapped into one of Tesla’s main goals. “This has always been our dream from the beginning of the company,” Musk said. “It was always our goal to try and make an affordable electric car.”
Which model is the cheapest Tesla?
standard range Model 3
Now the cheapest Tesla is the standard range Model 3, which starts at $43,990. Last weekend, most Tesla models bumped up in price by $2,000. (The Model 3 standard range used to be $41,990.)
What is the cheapest Tesla made?
The Tesla Model 3 is no bargain. Tesla once proudly boasted about a $35,000 fully electric sedan. Those days are long gone. Now the cheapest Tesla is the standard range Model 3, which starts at $43,990.
Is a Tesla cheaper in the long run?
On the other hand, the Tesla Model S has an electric charge cost of $0.037 per mile (which is roughly the cost you’d pay to charge your Tesla at home), which puts you at $555 to drive the same distance of 15,000 miles….Fuel.
| Fuel cost for 15,000 miles | Tesla | Camry |
|---|---|---|
| Year 2 | $555 | $1,589 |
| Total fuel cost | $2,310 | $3,178 |
Do you really save money with Tesla?
On the other hand, the Tesla Model S has an electric charge cost of $0.037 per mile (which is roughly the cost you’d pay to charge your Tesla at home), which puts you at $555 to drive the same distance of 15,000 miles. So, yes, the fuel savings with a Tesla is significant.
Is Tesla better than Toyota?
The value of Tesla exceeds that of Toyota (TM), the second most valuable automaker, which has a market cap of about $280 billion, but whose sales and profits are much lower than those of Tesla. With only 500,000 cars sold last year, Tesla’s market value is roughly $2 million per vehicle sold.