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Tesla's 2023 EV Lineup: A Look at Prices and Trim Levels
The year 2023 has brought fluctuating Tesla prices, with the American automaker offering four popular electric vehicle (EV) models of varying trim levels and prices. Tesla continues to lead the global EV market by market cap, even as other automakers begin to produce new electrified models. In this article, we will look at the current pricing for each available Tesla model, from the least expensive Model 3 to the priciest Model S Plaid.
Model 3 Prices in 2023
The Model 3, Tesla’s most affordable EV, starts at $42,990 for the Rear-Wheel Drive trim, with no upgrades included. The fully loaded version of this model, with every available upgrade, costs $62,490, including red paint, 19" sport wheels, black and white interior, and full self-driving capability. The latter can be purchased separately for $15,000 or as Enhanced Autopilot, offering features such as auto lane change, autopark, and navigation on autopilot, for $6,000. The Long Range Model 3 is currently not available until sometime in 2023, so pricing for that version has been removed.
Model Y Prices in 2023
The Model Y, Tesla’s newest EV after delays of the Cybertruck, has two different options and prices, both of which are higher than the compact Model 3 sibling. The dual motor Long Range Model Y starts at an MSRP of $54,990 and can go up to $79,990 fully loaded, including red paint, 20" induction wheels, black and white interior, a tow hitch, and full self-driving capabilities. The Model Y Performance trim starts at $58,990 and increases to $77,990 when fully loaded. The IRS updated its classification of the Model Y as an SUV, meaning its MSRP limit jumped from $55,000 to $80,000, making it eligible for federal EV tax credits until at least March, when the US Dept. of Treasury is expected to release its guidance on battery components.
Model S Prices in 2023
As the oldest EV model from the American automaker still in production, the Model S has seen slower sales in recent years as more affordable Tesla models have emerged. Nonetheless, consumers who can afford its prices are still buying, especially given the high-end specs the Plaid trim provides. The Dual Motor Model S starts at an MSRP of $89,990, down a few thousand compared to late 2022. The $95k version of the Model S, with no add-ons, can travel from 0-60 mph in just over three seconds and offers over 400 miles of range. The Plaid trim of the Model S, with a base MSRP of $129,990, includes upgrades such as a carbon fiber spoiler and 21" Arachnid Wheels. It has a 0-60 mph time of less than two seconds and a range of over 390 miles.
Model X Prices in 2023
The Tesla Model X 2023 prices are currently the highest among all Tesla models, even surpassing the sporty Model S Plaid. While the Model X offers more space and performance compared to other Tesla vehicles, it comes at a higher price. Presently, there are two available trims for the Model X - the Dual Motor Model X and the Plaid version. The Dual Motor Model X starts at a minimum of $99,990 and can go up to $131,490 with additional features such as 22" Turbine wheels, cream interior, and a six-seat interior that includes captain's chairs for an extra $6,500. If you opt for the seven-seat row, it will cost $3,000 less. The Plaid version, which replaced the Performance trim, starts at $109,990 and goes up to $135,490, including all the expensive add-ons. It is important to note that the Plaid version of the Model X is only available with a six-seat option.
Cybertruck
The original pricing of the Tesla Cybertruck included three different trims with varying MSRPs, including the Single Motor RWD at $49,900, the Dual Motor AWD at $59,900, and the Tri Motor AWD at $79,900. However, production delays have caused the removal of pricing and specs from Tesla's website since October 2021. While prototypes of the EV have been seen on the road, the final cost of the Cybertruck remains unknown. Despite this uncertainty, reservations for North American customers were resumed in May 2022, requiring only a $100 deposit. As we await more details about the production model and official pricing, the Cybertruck seems closer than ever to reaching scaled production with the operation of Gigafactory Texas.
Roadster
Tesla enthusiasts have been eagerly anticipating the arrival of the 2nd Generation Roadster for years, ever since it was unveiled in 2017. Originally slated for production in 2020, the release has been repeatedly postponed as Tesla focused on other electric vehicles, particularly the Cybertruck. At the earliest, the hyper EV won't be available until 2023.
When first announced, the revamped Roadster was priced at $200,000, with a $50,000 deposit required to reserve a spot. Tesla also offered a limited "Founder's Series" version for $250,000, which has since sold out. However, the automaker no longer lists pricing for either version on its website, and the only requirement to reserve a spot is still a $50,000 deposit.
While waiting for the Roadster's release, fans can relive the excitement of its unveiling in 2017.
In conclusion, Tesla offers a range of EV models with varying prices and trim levels. Although prices have risen in recent years and continue to fluctuate, Tesla remains the top global EV market leader by market cap. It's worth noting that the prices mentioned in this article are accurate at the time of writing, but Tesla often changes prices, so they could certainly change. It's advisable to check with Tesla directly for the most up-to-date prices before making any purchase decisions.