The Most (and Least) Affordable Tesla Models for 2024

Written by Lydia Noyes

×

Lydia Noyes

Climate Journalist

Lydia Noyes is an organic farmer and climate journalist. She is a member of the USC Annenberg Center for Health Journalism.

Updated:

Can you afford to drive a Tesla? We ranked every Tesla model by price for 2024.

Since the first $100k Roadster hit the streets in 2008, Tesla has been considered a luxury car brand. Even today, the sight of a Tesla’s trademark ‘T’ logo sparks a sense of appreciation for a well-crafted car. 

However, the brand has come a long way since its early days. While top-tier Teslas remain a luxury experience, the manufacturer has expanded to include vehicles at various price ranges. Today’s lowest-cost Tesla is more than $100k less than its premium offerings. 

What are you really gaining or giving up at the different Tesla pricing tiers? Here’s a closer look at every 2024 Tesla model, ranked by cost. 

A Note on Tesla Pricing

Buying a Tesla is a different experience than buying from almost any other auto manufacturer. You won’t be dealing with a third party or even a dealership. Instead, all sales go directly through the company. 

The lack of haggling or sales associates means that the price on the website is what you’ll actually pay—and that Telsas cost the same, no matter where you live. In other words, the buying process can be as simple as getting on the Tesla website, ordering a vehicle and scheduling delivery. This makes our reported pricing here more accurate than it would be for other car brands.  

Note: It’s possible to look at Teslas in person through company showrooms. There, you can take your favorite models on test drives and talk specifics with company experts. But even there, you’ll be putting an order in through the Tesla website. 

Tesla model s parked in CA
A fleet of whites Teslas parked at a house in La Jolla, CA.

Tesla Models Ranked by Price

Below is our ranking of every 2023 Tesla model by price.All price information is direct from the Tesla website and was accurate as of February 2023. 

Note: any customizations will change the base price for each model. 

Model 2 & Robotaxi: $25,000?

This is the vehicle Tesla’s shareholders are clamoring for, an affordable Tesla to boost sales as the EV market cools. Reuters reported that Musk planned to scrap the Model 2 to go all in on Robotaxis, but Musk denied those reports and has promised a more affordable Tesla by 2025. The Model 2 and Robotaxi could be the same car, one with a steering wheel and one without.

Model 3 Rear-Wheel Drive: $43,990

As Tesla’s least expensive car, The Model 3 remains under $50k (for now), although the cost has jumped considerably in recent years. For the price, you’re getting a reliable car with somewhat sluggish acceleration (zero to sixty in 5.8 seconds) and a middling range of 272 miles between charges. Since it’s a RWD only, don’t expect the car to perform well in poor road conditions. 

Model 3 Long Range: $51,080

Pairing the body of the Model 3 with a bigger battery gives you the Long Range—capable of traveling 353 miles per charge. This car comes with AWD (better control on the road!) and goes from zero to sixty in just 4.2 seconds. 

Model Y Long Range: $53,490

As the default Model Y option, the Long Range boasts a dual motor setup that lets it travel 330 miles per charge. This car is Tesla’s compact SUV, and it accommodates an optional upgrade for a small third-row bench to boost the seating to seven. 

Tesla Model 3 Performance: $53,990

Tesla’s website lists the Model 3 Performance at under $54,000, a drop from its price tag in previous years. This rare occurrence in the auto industry didn’t come with any decreases in quality. In fact, the Model 3 Performance is considered one of the best EV buys available. It accelerates to sixty in a little over 3 seconds and has a reported range of 315 miles. 

Model Y Performance: $56,990

Considered to be a sportier version of the Model Y Long Range, the Performance is undeniably peppier to drive. The driving range is rated at 303 miles, making it an excellent crossover between style and, well, performance. 

Base Cybertruck: $57,390

Though adding features can quickly balloon the price tag, the Tesla Cybertruck is a relative bargain at $57,390 (full-sized pick-ups typically start around $48k.). Prices will increase for dual-motor and tri-motor all-wheel-drive variations, which offer extra power and towing capabilities.

Model Y Standard Range AWD: $63,990 

Though it’s not yet back on the Tesla website, the company announced in mid-January 2023 that it was restarting production of the Standard Range Model Y AWD. You get a slightly shorter range (279 miles) and .2 seconds slower acceleration compared to the Long Range Model Y. Fewer than fifty cars were available at this initial release, but production is expected to ramp up soon.

Model S Long Range: $94,990

Branded as a luxury sedan, the pricing of the Model S has crept up and then back down again in recent years. Today, you can purchase the standard Long Range for under $95k, almost $10k less than in previous years. For that money, you get a vehicle capable of traveling 405 miles per charge and hitting 60 MPH in 3.1 seconds. 

Model X Long Range: $109,990

Tesla’s most premium line of vehicles boasts various high-end selling points, including upward-opening “falcon doors” and a surprisingly roomy interior that fits seven comfortably. Invest in the Long Range, and you can make it 348 miles between charges as well too. 

Model S Plaid: $114,990

Tesla’s “Plaid” line of vehicles gets its name from the comedy film Spaceballs, where a spaceship is described as hitting super-fast ‘plaid’ speeds. The Model S has a whopping 1,020 horsepower, meaning it hits sixty in 1.99 seconds. You’ll also get 396 miles of range for some serious long-distance travel.

Model X Plaid: $119,990

Like the Model S, the Model X Plaid has 1,020 horsepower to hit “ludicrous” speeds (thanks, Spaceballs!), though it’s slightly slower at 2.5 seconds for sixty MPH. But the trade-off is worth it for larger families as you get six full-sized seats, futuristic falcon doors, and a respectable range of 333 miles per charge. 

Bonus Tesla Vehicles

These vehicles aren’t available for purchase yet, but they’re still worth making mention of. 

Coming Soon? Roadster: Est $200k +

As the convertible that started it all, Tesla first introduced its speedy Roadster sports car in 2008, halting production indefinitely in 2012. Rumor has it this luxury vehicle is slated for a return, although a timeframe is still to be determined. 

Free eBook: Simple Steps to a Greener Home

Concerned about climate change? Learn actionable tips for making each room in your home greener.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Leave a Reply

If you have a question about the subject matter of this post, ask it in the comments below. To better serve our readers, we have started answering some reader questions in dedicated blog posts.

Back to top