Having started its operations in 2003, Tesla, the electric car manufacturer named after 19th and 20th century inventor Nikola Tesla, has revolutionized the automotive industry within a relatively short span of 16 years. It has become one of the crucial players in the automobile business.
The Tesla Model 3 has become the top-selling luxury vehicle in the United States, surpassing more than 140,000 total sales in 2018. As reported by industry sales tracker GoodCarBadCar, the Model 3 played a significant role in helping Tesla achieve a total of 197,517 sales last year. This impressive sales figure allowed the luxury electric automaker to outrank other major auto brands such as Infiniti, Cadillac, Acura and even Chrysler. Ultimately, this resulted in Tesla ranking 20th among the top 35 auto marques sold in America.
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Tesla’s sales strategy differs from the traditional franchise dealer model as it is supported through corporate-owned showrooms, according to Saul Loeb/AFP/Getty. Despite the company’s increasing popularity, it must address challenges related to build quality and reliability while some customers face frustration due to the absence of a conventional service network. Additionally, there are persistent concerns about Tesla’s financial stability.
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Tesla Model 3 Performance, Tesla Model 3 Long Range, Tesla Model S Long Range, Tesla Model X.
It’s important to evaluate how your location and lifestyle will integrate with an electric vehicle. Living in a remote area far from Tesla’s Supercharger network can significantly impact your ownership experience. The solution is to ensure access to Level 2 (240-volt) charging, which typically costs between $2,000 to $3,000 for installation in your garage or parking space. While a standard Level 1 (110-volt) connection from a household outlet can charge a Tesla, the charging speeds are disappointingly slow – only providing about 5 miles of range per hour of charging. For instance, recharging even a base Model 3 with the 220-mile battery pack could take over 40 hours.
“Want to learn more about maintaining the charge of your electric vehicle? Check out our Electric Car Charging 101 Guide.”
Tax credits and additional incentives
Another crucial aspect to consider is your eligibility for tax credits. There are various federal, state, and local incentives available for purchasing an electric car, with some provided by your nearby power utility company. It’s important to examine these incentives carefully as they may impact your decision to buy.
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Tesla cars remain qualified for a federal tax credit of $3,750 for deliveries made before June 30, 2019. However, for new vehicles delivered during the period of July 1 to Dec. 31, 2019, the incentive reduces to $1,875. Tesla has a comprehensive webpage focusing on relevant tax credits, covering both its solar merchandise and automobiles. Therefore, it is sensible to study the details thoroughly as you could save a considerable sum of money.
Tesla also provides additional temporary sales promotions on a regular basis, such as complimentary Supercharging and programs based on referral codes.
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Elon Musk, the CEO of Tesla, has played a significant role in the company’s remarkable success. From its inception in 2003 by two engineers, Martin Eberhard and Marc Tarpenning, Tesla saw a boost when Musk became its primary investor and chairman in 2004.
Musk took over as Tesla’s CEO in 2008, coinciding with the launch of the company’s first car, the Tesla Roadster. Despite its steep price tag of over $100,000, the electric vehicle, which was based on the Lotus Elise, boasted impressive features that were ahead of its time, including a range of 245 miles and the ability to go from 0 to 60 mph in less than 4 seconds, before hitting a top speed of 125 mph.
In time, the Roadster paved the path for the five-door Model S in 2012, succeeded by the Model X crossover SUV in 2015 and the Model 3 compact luxury sedan in 2017. Recently, Tesla’s Model 3 Performance has received a subtle power boost.
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Tesla Model 3
The Tesla Model 3, currently the least expensive vehicle in the Tesla lineup, has gained immense popularity. Around the time reservations opened, the company received almost 200,000 deposits for the car. Customers were especially motivated by the vehicle’s low base price of $35,000, but it took almost three years from the car’s unveiling before the Standard Range model became available. Even though Tesla briefly offered a $35,000 model with cloth seats, they have since removed it from their online configurator. However, interested buyers can still place their orders via phone or by visiting a Tesla showroom. As a result, almost all Model 3 vehicles have been sold at much higher prices.
If you prefer to avoid navigating the hassle of a customized order to save $4,900, the Standard Range Plus is currently the most accessible model of the Model 3. This version includes rear-wheel drive, a 240-mile battery range as evaluated by the EPA, a 5.3-second 0-60 mph acceleration time, and a maximum speed of 140 mph.
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The Model 3’s cabin embodies the concept of “Minimalism,” presenting a sleek design. However, there are both advantages and drawbacks associated with this. Moving up the hierarchy, the Model 3 Long Range costs an additional $10,000 but has a range of 310 miles, a faster 4.4-second 0-60 mph acceleration, and a top speed that is 5 mph faster. It also comes with a dual-motor all-wheel drive system, a superior Premium Interior featuring a 14-speaker audio system, Premium Connectivity, which includes satellite mapping with live traffic, streaming audio, internet browser, and improved center console with additional charging. Additionally, this trim offers LED fog lamps.
Looking for more excitement? Opt for the Model 3 Performance trim which boasts a 0-60 time of 3.2 seconds and a top speed of 162 mph for $59,900. Keep in mind that if you add all the bells and whistles, the Performance trim can approach $70,000, putting it in a different league altogether.
Model
Drivetrain
Range (miles)
0-60 acceleration (seconds)
Top speed (mph)
Starting price
Model 3 Standard Range Plus
Single motor, rear-wheel drive
240
5.3
140
$39,900
Model 3 Long Range
Dual motor, all-wheel drive
310
4.4 seconds
145 mph top speed
$49,900
Model 3 Performance
Dual motor, all-wheel drive
310
3.2 seconds
162 mph top speed
$59,000
Recommended configuration
In my reviews, I usually suggest that people opt for as many features as possible, but when it comes to the Model 3, I take a more cautious approach. I believe that 240 miles of range is sufficient for most drivers, so I would recommend starting with the Standard Range Plus model unless you need all-wheel drive.
All Model 3 trims are now equipped with standard Autopilot feature which includes blind-spot monitoring, automatic emergency braking, forward- and side-collision warning. Furthermore, Autopilot introduces adaptive cruise control with lane-centering.
It is noteworthy that many individuals misunderstand Autopilot for autonomous driving technology. However, they are not synonymous as there are currently no automobiles that possess the ability to self-drive. Autopilot is a hands-on system categorized as SAE Level 2, but it is still an exceptional system if utilized appropriately.
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Critics have raised concerns about Tesla’s optional Full Self-Driving hardware. For an additional $6,000, customers can purchase Tesla’s Full Self-Driving Capability, which includes Navigate on Autopilot, automated parallel parking and the Summon feature. Tesla claims the Summon feature will allow a parked car to find its owner anywhere in a parking lot. According to Tesla’s website, the system will also be updated later in 2019 to recognize and respond to traffic lights and stop signs, and enable automatic driving on city streets.
Regarding the last point, it is worth noting that CEO Elon Musk has pledged that the costly Full Self-Driving option would soon facilitate full, hands-free autonomous driving via an over-the-air update. However, most industry experts and critics find this statement questionable since the functions utilized by the system do not include technology like lidar and comprehensive 3D mapping, essential components for future self-driving technology according to almost all experts. If you appreciate some of the other features offered by FSD, such as Navigate on Autopilot and auto parking, then the additional $6,000 might be worth it. However, if you are looking for genuine full autonomous driving capabilities, the feasibility of this system remains uncertain, therefore it may be preferable to save your money.
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Yes, the Model 3 has dual trunks!
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As we step inside, the black-and-white interior option priced at $1,000 is pleasant, though the all-black interior is equally satisfying and boasts identical features as the multi-colored cockpit. Additionally, it’s important to mention that the Long Range Model 3 is the most reasonably priced variant that includes the Premium Interior featuring a luxurious 14-speaker audio system.
Afterward, I’d opt for the 19-inch sports wheels. They are $1,500 pricier than the 18-inch Aero wheels, but they significantly enhance the Model 3’s appearance. Lastly, I’d select black as the color for mine since the other four colors for Model 3 incur a staggering additional cost of $1,000 to $2,000 each.
Configured in this way, the price keeps me comfortably below my $50,000 budget limit, avoiding any potential buyer’s remorse. In addition, when taking into account the Model 3’s impressive features and performance at a price point below $50,000, it can compete with highly sought-after German compact luxury sedans such as the Audi A4, BMW 3 Series, and Mercedes-Benz C-Class.
If you reside in a region that experiences harsh winters, it would be advisable to opt for one of the all-wheel drive trims with a starting price of $49,900. On the other hand, if you seek a game-changing, compact luxury sports sedan that is currently in vogue and also provides an enjoyable driving experience, then the Tesla Model 3 is a worthy purchase.
If Level 2 charging is not easily accessible to you and you live far from conveniently located Superchargers, it is not recommended to purchase the Tesla Model 3.
Check out our comprehensive assessments of the Tesla Model 3 Long Range and Tesla Model 3 Performance.
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Tesla Model S Long Range brings us back to the future.
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The Tesla Model S made a significant statement to the world in 2012 when it arrived as a midsize five-door vehicle, proving that Elon Musk and Tesla were not just a temporary sensation, but a committed long-term presence. Even after being on the market for almost seven years, the Model S has still only undergone a minor visual update in 2016, leaving it overdue for a complete revamp. However, this redesign will have to wait until after the company resolves the Model 3 production issues, in addition to launching the Model Y crossover, the Tesla Semi, and eventually, the second-generation Tesla Roadster.
In the previous year, Tesla stopped making its affordable, smaller-battery, and rear-wheel-drive Model S versions. This move eventually creates more space between the product line and the Model 3. Despite having a simplified lineup this 2019, the Model S still perseveres and can travel farther on one charge than any other EV that is currently available.
Model
Driveline
Range (miles)
0-60 acceleration (seconds)
Top speed (mph)
Base price
Model S Standard Range
All-wheel drive with dual motor
285
4.0
155
$75,000
Model S Long Range
All-wheel drive with dual motor
370
3.7
155
$85,000
Model S Performance
Dual motor, all-wheel drive
345
3.0
163
$96,000
Model S Performance with Ludicrous Mode
Dual motor, all-wheel drive
345
2.4
163
$116,000
Optimal setup
If I showed some restraint when it came to the Model 3, I am even more money-conscious with the Model S. However, this is mainly because the base sedan, which starts at $79,000, provides most of the features that an average premium electric vehicle purchaser requires while charging a lower monthly fee.
At a base price of $75,000 (with an additional delivery fee of $1,200), the Model S is equipped with an outdated interior that more adequately suits a car priced in the $40,000 range. Consequently, I believe it is worthwhile to invest an additional $1,500 in upgrading to the Black and White or Cream interiors, which appear to be more luxurious. However, irrespective of your desire to save the $1,500, you will still enjoy access to the same features as those provided in the upgraded interiors.
These features comprise of HEPA air filtration which is capable of preventing external viruses, activated carbon filters that can prevent offensive odors, nitrogen oxides, and exhaust fumes from polluting the air within the vehicle, an elite audio system with satellite radio, heated seats for all passengers, and a heated steering wheel, as mentioned on Tesla’s website.
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In 2016, Tesla updated its primary Model S with a sleek new appearance that lacked a grille. The standard advanced driver-assistance features incorporate Autopilot’s automatic emergency braking, side-collision, and forward warning. Despite this, I would advise investing in the $6,000 “Full Self-Driving Capability” choice, which includes an automated lane change facility called ‘Navigate on Autopilot,’ auto parking, and semi-automated driving from on-ramp to off-ramp. This system, which demands driver input, can improve as technology advances since it accepts over-the-air updates.
All of these expenses amount to $83,700 upon delivery. If you choose to select all the Model S options available, you will find yourself facing an MSRP of nearly $130,000. It is important to note that despite the Model S being in production for a significant amount of time, the manufacturer is still a startup automaker. Therefore, similar to the Model 3, the reliability and quality of construction are not typically on par with brands such as Honda or Toyota. During my evaluation of a completely equipped Model S in June of last year, the electronically retractable and deployable driver’s door handle got stuck in its deployed position after only three days.
Consider purchasing the Tesla Model S if:
– You appreciate exceptional performance and eco-friendliness.
Avoid purchasing the Tesla Model S if:
– You require a luxurious interior with premium amenities typically found in vehicles priced at $100,000, such as ventilated and massaging seats.
Our comprehensive evaluations:
Tesla Model S Long Range
Other options to consider:
Audi A6BMW 5 SeriesMercedes-AMG E53
Tesla Model X gets creative
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The Tesla Model X was introduced in 2015 as a premium crossover in the market. Designed by Elon Musk, the Model X is not just an ordinary electric crossover. The vehicle is equipped with unique features such as Falcon Wing doors, and it even has the ability to dance on command. Although the Model X does not offer the same level of off-road capabilities as other three-row crossover SUVs of similar size, it can tow up to 5,000 pounds and keep up with most soft-roaders, albeit for a short distance, as towing has a disproportionately negative effect on the electric range.
Similar to the Model S, on which the Model X is built, Tesla currently offers only high-range, dual-motor configurations of the crossover. Although the starting MSRP has increased, the overall cost has decreased over the past few years. In 2017, a fully loaded Tesla Model X cost an astounding $177,000. Presently, with all the extra features, the price tag is $142,000–reflecting savings of $35,000. The price of the Tesla Model S and Model 3 have similarly dropped.
Range (miles)
0-60 acceleration (sec)
Top speed (mph)
Price
Model X Standard Range
Dual motor, all-wheel drive
255
4.6
155
$81,000
Model X Long Range
Dual motor, all-wheel drive
325
4.4
155
$91,000
Model X Performance
Dual motor, all-wheel drive
305
3.4
163
$102,000
Model X Performance with Ludicrous Mode
Dual motor, all-wheel drive
305
2.7
163
$122,000
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325, 4.4, and 155 are numerical figures related to the specifications of certain models of cars. The Model X Performance and the Model X Performance with Ludicrous Mode are two dual motor, all-wheel drive cars that offer different levels of speed and performance. The former costs $91,000 and reaches speeds of 305 units, while the latter costs $102,000 and can reach speeds of 305 units with Ludicrous Mode enabled. For those who want even more speed and performance, there is an option to purchase the Model X Performance with Ludicrous Mode for $122,000, which can reach speeds of 305 units in just 2.7 seconds.
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Configurations to Consider
Now that we’re aware of the potential to spend more than $140,000 on a Model X, let’s explore a configuration that features the options you want, without causing sticker shock. For starters, we recommend the base Model X, priced at $81,000. Even in its standard version, this model delivers impressive range and performance, sure to impress both you and your companions.
The black-and-white or cream interiors with a more luxurious appearance are also available for a modest price increase of $1,500. I prefer the black and white option, but if you prefer to save money and stick with the standard black cabin, the upgraded amenities will still be included. These include the automatic front door, HEPA and carbon filters, high-end audio system with satellite radio, heated seats for all occupants, and a heated steering wheel.
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The Model X offers an elective third row of seats. A standard interior accommodates five seats, whereas the seven-seat compartment comes at an additional cost of $3,000. Despite the steep pricing, the third-row seating arrangement provides ample opportunities. Surprisingly, the six-seat version with captain’s chairs in the second row is priced at twice as much, which is not recommended.
If desired, you can include the Full Self-Driving Capability pack, which was previously mentioned, for an additional $6,000. With all options considered, the cost of being the envy of the town in a Tesla Model X comes to $91,500, leaving you with plenty of extra cash.
Buy the Tesla Model X if:
You desire to own the swiftest all-electric, seven-seater crossover available in the market.
Don’t buy the Tesla Model X if:
You do not require additional space compared to the Model S. Although the Falcon Wing doors are intriguing, they have caused problems with dependability and are difficult to access during power outages.
Our thorough evaluations include:
Tesla Model X
Additional options to consider:
Audi E-TronJaguar I-PaceMercedes-Benz EQC
Undecided about purchasing a Tesla? Here’s another aspect to contemplate: Unlike almost all other car manufacturers, Tesla provides dissatisfied buyers the ability to return their new vehicles within seven days (or 1,000 miles) and receive a complete refund. That’s an extremely comforting option.
