- Tesla’s top-tier models, including the Model S and Model X, lead as the most expensive options, with prices ranging from $88,490 to $108,490 for various variants.
- Some Tesla models qualify for EV tax credits up to $7,500 under the 2023 Inflation Reduction Act, providing incentives for potential buyers.
- Despite concerns about EV battery longevity, Tesla’s 2021 impact report suggests their battery packs are designed to outlast the vehicle, supported by warranties spanning 8 years or 100,000-150,000 miles.
Explore Tesla’s top-priced models, EV tax incentives, and battery longevity. Learn about charging costs and efficiency for these popular electric vehicles.
What is the priciest Tesla model available?
The Tesla Model S and Model X top the list. The Long Range variant of the Model S starts at around $88,490, while the Plaid version is $108,490. Similarly, the Model X begins at approximately $98,490, with the Plaid variant priced at $108,490.
Also read: Tesla to raise prices on Model Y electric vehicles in parts of Europe
Is there a tax credit for Teslas?
Under the 2023 Inflation Reduction Act, certain Tesla models qualify for an EV tax credit of $7,500 or $3,750. As of June, three variants of the Model Y were eligible for the full credit, whereas only the Performance edition of the Model 3 could claim the full $7,500. The other two Model 3 versions qualify for half the credit.
How durable are Teslas?
Concerns often arise about EV battery longevity and replacement costs, ranging from $5,000 to $20,000. However, Tesla’s 2021 impact report suggests their battery packs outlast the vehicle itself. The report estimates vehicles typically retire after about 200,000 miles in the U.S. and 150,000 miles in Europe. Tesla’s battery warranty generally spans 8 years or 100,000-150,000 miles, whichever comes first. Despite EVs’ tendency for more frequent issues, Tesla models distinguish themselves with their reliability.
Also read: Tesla raises prices in China and shrugs off price war
Are Tesla charging stations free?
No, Tesla charging isn’t complimentary, and costs fluctuate depending on whether you charge at home or at Tesla’s proprietary Superchargers. Supercharger fees vary based on charging speed and time, not distance or energy supplied. The charges also reflect electricity rates. On average, EnergySage estimates Tesla owners pay about 4.5 cents per mile for charging, with a full charge on a level-2 charger costing approximately $15.52 on average, though expenses differ for each model. Charging a Tesla is over three times cheaper per mile than fueling a gasoline-powered car. EnergySage suggests an annual charging cost of $614.95 for Teslas, compared to $1,850.42 for petrol cars. Additionally, Tesla Superchargers implement an “idle fee” for cars left plugged in post-full charge to optimise customer service efficiency.
