How Much is a Tesla? Cost for All 2025 Tesla Models

The cost of a Tesla electric vehicle will range from $32,490 to $125,490 in 2025, depending on the model and package you choose.

Tesla remains one of the most popular electric car options, holding 49% of the EV market share. Many of their models are eligible for a $7,500 federal tax credit to bring the price down. Tesla prices have become more affordable, making them a great option for those interested in purchasing an electric car.

In this article, we break down these 2025 Tesla costs:

• Buying a Tesla

• Available customizations and Tesla accessories

• Tesla charging costs 

• Tesla maintenance

Tesla MSRPs at a glance:

How much does a Tesla model cost?

A Tesla can be priced as low as $42,490 or as high as $125,490 in 2025, depending on the model and added features.

The cheapest Tesla model is the base Model 3 Rear-Wheel Drive, starting at $42,490. This is less than the average cost of an electric car, which is about $55,000. 

One of the newest Tesla models, the Cybertruck Cyberbeast variant, has the highest starting price at $99,900.

Tesla offers various features and add-ons that can affect the price of the electric vehicle. For instance, choosing a red Tesla will always cost more than the standard stealth grey. Let's take a closer look at the prices of each Tesla model.

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 $42,490, while the Long Range version is priced at $47,490. The Performance model is the most expensive, starting at $54,990.

All Model 3 variants qualify for the $7,500 federal electric vehicle tax credit, which can help make the cheapest Tesla even cheaper. However, physical add-ons, like a new paint color or a different interior, can make the Model 3 Performance variant too expensive to qualify for the tax credit.

Tesla model 3 financing options

You can finance or lease your electric car through Tesla. Here are the estimated financing and lease payments for a Tesla Model 3:

*Assumes $2,999 down, 36 month term, 10,000 miles.

**Assumes $3,999 down, 1.99% APR, 72 months

Tesla Model 3 accessories

Great accessories are available for Tesla models to keep them organized and ensure the car meets all of your needs. You can find a full line of accessories for your Tesla, from snow chains to pet liners

We list the cost of top accessories for the Tesla Model 3.

Tesla Model Y price

The Model Y is Tesla’s top-selling car, and for good reason. It gives you the best of both worlds — more space like the Model X but an affordable price point like the Model 3, plus it comes with up to 337 miles of EPA estimated range. 

The most you’ll pay for a Model Y is $63,490 when you get it fully loaded. There are three variants of the Model Y that come at different price points: 

Tesla Model Y financing

Financing a Model Y can help you pay for your Tesla without having the upfront cash. Here are the estimated financing and lease options for a Tesla Model Y:

*Assumes $2,999 down, 36 month term, 10,000 miles.

**Assumes $3,999 down, 5.84% APR, 72 months

Tesla Model Y accessories

The available accessories highlight Tesla's versatility. For example, the Model Y has options such as all-weather interior liners and even an air mattress that can fit in the back of the car. Most accessories are priced between $35 to $500 but expect to pay more for protective coatings or tire packages.

Tesla Model S price

The Model S is Tesla’s premium offering and has 410 miles of range, the longest of all the Tesla vehicles. The standard dual-motor variant currently starts at $79,990. If you add all the upgrades, that price shoots to $97,990 

If you’re looking for Tesla’s fastest vehicle, it’s the three-motor Model S Plaid variant. It can take you from 0 to 60 mph in just 1.99 seconds — making it the quickest mass-market car in existence — and has a high speed of 200 mph. The Plaid variant has a starting price of $94,990 but can reach over $112,000, depending on how you customize it.

Needless to say, the Model S exceeds the MSRP limits for the tax credit, so don’t expect a tax break from the federal government for this EV. 

Tesla Model S financing

Here are the estimated financing and lease options for a Tesla Model S:

*Assumes $7,500 down, 36 month term, 10,000 miles.

**Assumes $3,999 down, 5,84% APR, 72 months

Tesla Model S accessories

If you want to enhance your Model S's features, there are great accessories to add, ranging from pet liners to keep your seats clean to the Track Package, which can cost up to $20,000. The Track Package allows you to drive your Tesla with a little wreckless flair, allowing up to 200 miles an hour with aluminum wheels, track-ready wheels, and high-performance brake pads.

Tesla Model X price

The Model X is Tesla’s larger SUV option, known for its distinctive ‘falcon-wing’ doors. At $84,990, the Tesla Model X standard variant has a higher starting price than any other base model Tesla. 

The faster, more luxurious Model X Plaid variant starts at $99,990 but can reach an impressive $125,490 price tag with customizations. Like Model S, the Model X is too expensive to receive the EV tax credit.

Tesla Model X financing

Here are the estimated financing and lease options for a Tesla Model X:

*Assumes $7,500 down, 36 month term, 10,000 miles.

**Assumes $3,999 down, 5,84% APR, 72 months

Tesla Model X accessories

The Model X accessories are pretty classic, offering interior liners and even a winter tire package for those who need extra stability in the colder months.

Tesla Cybertruck price 

The Tesla Cybertruck is the truck option offered by Tesla. With three models and a distinctly futuristic design, it will cost between $79,990 and $99,990 to get your hands on a Cybertruck. 

The Cybertruck's all-wheel base model costs $79,990. The Cyberbeast, with all the bells and whistles, like 2.6 seconds to 60 MPH, costs $99,990.

The Cybertruck is only available for pre-order with an expected delivery date in 2025. These electric trucks are too expensive to receive the federal EV tax credit.

Cybertruck financing

*Assumes $7,500 down, 36 month term, 10,000 miles.

**Assumes $4,999 down, 2.99% APR, 72 months

Cybertruck accessories

The Cybertruck offers fewer accessories than the more established Tesla models, but that will likely change as more Cybertrucks become available. What they do have are unique options for an outdoor lifestyle, like a Cybertent for camping.

Tesla tax credits and incentives for electric vehicles

Five new Tesla models qualify for the $7,500 federal tax credit for electric vehicles: the Model 3 Long Range All-Wheel Drive (AWD), The Model 3 Performance AWD, Model Y Long Range RWD, Model Y Long Range AWD, and the Model Y Performance AWD. 

The following table breaks down the cost of each Tesla model before and after the EV tax credit:

Remember, not all Teslas qualify for the EV tax credit. Check the model year and ask for the VIN to confirm the car qualifies. Also, adding physical customizations to your Model 3 Performance may exceed the IRS MSRP limits and disqualify your vehicle from receiving the tax credit. 

You can also get a tax credit when purchasing a used Tesla, with slightly different eligibility criteria than when buying a new model. 

Some states offer additional rebate programs for EV purchasers to help reduce the upfront costs of getting an electric car. You may also live in an area that offers EV charging installation rebates, free toll programs, or the use of HOV lanes.

Prices of upcoming Tesla models: Model 2 and Roadster

If you’re more interested in one of Tesla’s upcoming offerings, here’s a quick look at what you can expect to pay for each model and when they're scheduled to be released.

The Tesla Roadster promises to be the fastest street-legal car yet, with a top speed of 250 miles per hour and an impressive range of 620 miles. The Roadster can be reserved with a $5,000 initial deposit, with $45,000 due within ten days of pre-ordering. 

The prices and release dates mentioned above are based on the latest information provided by Tesla. We recommend taking them with a grain of salt; Tesla is notorious for repeated production delays and price changes.

Are there any extra or hidden costs when buying a Tesla?

Yes, as with the purchase of any new vehicle, there are several additional expenses you should account for when buying a Tesla.

• Order fee: A $250 non-refundable order fee is charged at the time of the order.

• Destination and documentation fee: You’ll have to pay a $1,390 destination and documentation fee for the delivery of your vehicle. Most car makers charge about this much.

• Taxes and fees: Model 3 buyers report paying between $4,500 and $5,000 in taxes and fees. You should expect to pay more if you buy one of the pricer cars, like a Model X or Model S.

• Charging equipment: Tesla does not provide a charger with their cars, so make sure to get one. There are two options: the $250 Mobile Connector or the $450 Wall Connector. 

Tesla financing rates and lease options 

Although the cost of a Tesla might be out of your price range, leasing and financing options are available to make them more attainable. 

Tesla financing options

You can finance your Tesla, like other cars, via a third-party loan or directly with Tesla.

Tesla’s financing rates range anywhere from 1.99% to 12.65%, depending on the term length and your credit score. Tesla buyers with better creditworthiness will earn a lower APR. The longer the term, the higher the rate. 

When financing via Tesla, you can pay monthly via the Tesla App. It’s important to note that you cannot finance a Tesla vehicle that you plan to use for ride-share purposes. 

Tesla car leasing options

Tesla offers leases in 44 states for eligible applicants. Here are a few important things to note with a Tesla lease: 

• After April 2022, no leased Teslas can be purchased at the end of the lease term.

• Each mile over the lease agreement will be charged $0.25 per mile.

• You cannot earn the federal EV tax credit on a leased vehicle.

Leasing is a good option for those who don’t drive every day, who have a short commute, or for people who don’t want to own the vehicle once the lease is up. 

Do Teslas really save money on gas?

Teslas save between $1,000 and $1,500 on average on gas costs annually. The cost to charge a Tesla varies between models, but most drivers will spend about $626 annually to charge their car with electricity versus over $1,500 to fill up a gas car. 

Your actual annual gas savings will vary depending on where you live, how much you drive, and what your utility charges for electricity. 

No matter how you slice it, you’ll save money by charging your car at home instead of heading to the gas station. But you can charge a Tesla for even less by charging your car with solar panels. Tesla’s can also be charged at public charging stations and Superchargers, which will cost more than home charging. 

With enough solar panels to cover your charging needs, you could save over $100 monthly compared to a gas car. That’s $1,200 more you can keep in your pocket when you skip the grid!

Tesla maintenance costs and service fees 

Tesla vehicles have lower maintenance costs than conventional gas-powered cars. The reason for this is simple: EVs have fewer moving parts than gas engines, so there is less need for service and repairs. Say goodbye to oil changes!

Tesla even says that annual servicing might not be necessary and recommends service only when parts are scheduled for checking or replacement.

Many Tesla owners say their only out-of-pocket maintenance costs within the first two years of ownership were related to their tires. This is mostly just periodic tire rotation, but some drivers said they needed to replace their tires early due to excessive wear and tear brought on by aggressive driving.

Projected five-year maintenance costs for a Model 3 come to about $980 total, assuming you change the parts yourself using Tesla’s DIY guides.

Tesla car insurance

Tesla offers driver insurance, with rates based on individual driver’s performance. Tesla uses in-vehicle monitors to account for driving behavior, which is then factored into your insurance premiums. Tesla also uses a Real-Time Safety Score that calculates factors like frequency of nighttime driving and aggressive turning to determine if you are a safe driver.

Your safety score changes every month, and based on the previous month’s data, your premium can be more or less expensive. 

Tesla’s Real-Time Safety Score insurance is unavailable in California, but the company offers an alternative insurance option for drives in The Golden State.  

Are Tesla cars worth the price?

While Teslas aren’t the cheapest cars around, they offer plenty of bang for your buck.

They are emissions-free, offer great driving performance, and have long driving ranges. They also come with low running costs, especially when compared to conventional gas-powered vehicles.

However, with political controversy surrounding CEO Elon Musk and more companies introducing electric vehciles to the market, people are starting to seek out Tesla alternatives. Now, with more than 100 EV models available from well-known brands like Kia, Toyota, and BMW, as well as luxury options from Rivian, Tesla is no longer the default  EV option. It’s important to look around for the best EV that meets your needs. 

Tesla has an advantage over other automakers in that it offers a full home ecosystem for energy products, which is attractive to Tesla enthusiasts. Tesla solar panels and the Solar Roof can run your home and your Tesla car on clean energy. You can store energy in the popular Tesla Powerwall battery and control everything in one app. 

But if you’re not an Elon Musk superfan, other options are available. You can charge your Tesla, or any EV, with the help of a home solar system. Local solar companies can install just the right amount of solar panels to cover your EV charging needs so you can save money and reduce your carbon footprint. 

Tesla cost FAQs