We view the market from the point of view of everyday car buyers, not EV enthusiasts or early adopters. Im in the same boat as you. Jeremy covers Tesla developments at Torque News. Just as long as you buy it. According to Tesla, the Tesla Model S Plaid has a zero-to-60-mph time of just 1.99 seconds. Our new car rankings and review are designed to answer your questions and help you decide what cars deserve a spot on your shopping list. until they get CyberTruck production well underway. However, recharging an electric vehicle still takes far longer than the five minutes or so it takes to fill the tank of a gas-powered car. You dont require any keys, as you can control them with your phone. As a bonus, you stay warm and dry. or "I wonder how fast this gas pump will fill my tank?". Please visit the Account Upgrades page for more details. As the driver of a gas-powered vehicle, have you ever pulled up to a gas station and wondered, "Will the pump work today?" To make the world smarter, happier, and richer. Tesla last split its shares in 2020, recently enough to provide insight into whether investors should buy the stock now or wait until after the split. There is no need for such range with improving charging infrastructure. At some point in the future, you'll be able to pull up in any EV to any fast charger, plug in and have charging commence automatically. I don't believe that Tesla will be lowering prices any further in the future, but would love for the Y SR to make another comeback at the $39,990 price point so I can trade in my Bolt EUV for it without losing any $$$ in the process . In the following sections, we'll look at the pros and cons of buying an EV in 2022 from a general consumer standpoint. The sharp move is not completely . Here's what we recommend. This owner's review should help you decide if Tesla's midsize crossover satisfies your priorities. New 2023 M3P vs Used very low mileage 2022, Stealth Hitches will give free hitch and install in Atlanta, GA 2023 Model 3 [to the first person that brings it to them for testing]. Tesla is a global brand, so its maintenance requires more cost. Also, with project highland in the works for M3 (and presumably MY), I would recommend waiting, as what you're giving up financially doesn't seem to be worth it from an external perspective for what you gain. That's a difference of $7,195. Model 3 - Price, Taxes. Jeremy Johnson is a Tesla investor and supporter. So, lets get started! The House is expected to approve it Friday, sending it to President Biden to sign into law. At any rate, if you're wondering if the Tesla Model Y is right for you, or whether or not it's really worth the money, this video review provides plenty of insight. Tesla batteries are designed to last for around 300,000 to 500,000 miles, which means they can last up to 8 years. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. There is a bridge to going electric that avoids many of the pitfalls of a fully-electric vehicle. The long-delayed Nissan Ariya is set to arrive by 2023, as is the Rivian R1S SUV. With the recent passage of the Inflation Reduction Act, the formerly generous Federal Electric Car Tax Credit program was gutted for the remainder of 2022. Jeremy covers Tesla developments at Torque News. If youre not under any time pressure to buy, wait a bit to see if they update the 3s AP hardware/cameras. * 0 to 60 mph: 3.1 seconds However, during the eight days following the split, Tesla shares slumped more than 30%, before rebounding and beginning a relentless climb higher. Save up. Wait for a sale. Do you want to be back under manufacturer warranty, more space, and an improved MCU? This compares to the old price of the Model 3 RWD which is incredible. Or should you consider one at all? If you live in an area with warm weather, youll be able to take advantage of Teslas solar roof panels to help offset the cost of charging the battery. Last year, the automaker delivered its best results by a mile as profits more than doubled to a record $12.6 billion. The first thing to consider is how you use your Tesla. The 10-month was resistance earlier this month. You've noted that you'd be in a similar position had you bought at the height of the craziness, so why continue to worry about the timing? The crucial question now is how fast Tesla can continue increasing its EVA. Tesla's model lineup now includes four models. Now you can get it for $52,990 - $7500 (if you qualify) which brings the cheapest possible cost to $45,490 + taxes and fees, which is a STEAL compared to everything else out there. He emailed Tesla employees in December, Long term, I believe very much that Tesla will be the most valuable company on Earth!. Depending on the region where you charge, your EV may be powered by coal, natural gas, wind, hydroelectric, nuclear or solar. Wow, that's tough. * Notes: Only available from Tesla's existing inventory - you cannot customize it right now, * Base Price: $53,990 Adding a Supercharger to Your Car: How Fast Will It Go? That's especially true for hard-to-find new electric cars. As with so many things, the answer to this question is "it depends." If youre interested in cutting-edge technology and performance, then a Tesla might be the right choice for you. As for Tesla Model Y, the insurance fee is $3,057. When comparing . It is a car. Don't Miss:Buy the Dip in Johnson & Johnson and Its Near-3% Dividend Yield. And with the increase in campaigns on buying electric cars to protect the environment, the question remains, is it worth replacing your vehicle with a Tesla? The good news is that you can pre-load Destiny 2's Lightfall expansion a day early, as it's been pushed live by accident in some regions. However, I have some concerns over the impending Model 3 refresh as well as the lack of USS and proximity functionality on 2023 Model 3's. Many PHEVs, including the Kia Sorento Hybrid, qualify for the Federal Electric Car Tax Credit. Because most EVs have their battery packs mounted below the cabin, they have low centers of gravity, which is great for handling. * Final Price With Tax Credit: $45,490 I suppose I think beyond just the finances of it, what are you looking for in the Model Y? The result: 19.1% annually. Electric car maker Tesla advertises Full Self Driving (FSD) capability as an option on its vehicles, but it is not self-driving technology, despite the name. Moving into 2023 and beyond, the list of vehicles that will qualify for the credit will be based on their prices, where they are produced and where the raw materials for their battery packs come from. Tesla is not the boss of you. Address: 4532 Sunburst St Bellaire, TX 77401 | Phone: +1 (956)-245-3991 | Email: contact@axlewise.com. If you have a Tesla Model 3, the annual insurance cost will be $3,386. * Range: 272 EPA range I've just been eager to get inside a Model 3 for a while now. I'm planning on having this car for a long time - at least 10 years - and it's hard for me to decide if these things are just noise or actual signs that I should wait a little longer. Comparable vehicles are: Toyota Camry XLE V6, which is a gas powered vehicle with a price of $36,095. This is a fully gas car and with the Model Y being fully electric and chargeable at home, it's tough to see how one would buy the gas car equivalent. It has one rear motor, the Model 3 long range has two motors and the Model 3 Performance has two motors. How about saving some money, maybe a lot, for other purposes and get a used Model 3? May 02, 2022 at 10:47am ET. . But, as the title says, is now really a good time to buy a new Tesla? Some stocks have ridden a wave of investor enthusiasm higher in the weeks and months leading up to a stock split. Only idiots are making large purchases on vehicles and homes right now. That takes less than a minute. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. I really dont think we talk enough about how theyre really fun. There's tons of features that makes Tesla the worlds safest vehicles. Automakers are announcing new electric vehicles at a blistering pace, and we now know what federal EV tax credits will look like in the coming years. They're spaced closely enough that if you miss one, you can usually make it to the next one without a problem. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Workplace charging options are growing, but they're still not common. The Model Y is only available in two trims, and they're both expensive. For every 100 miles of range your EV has in normal weather, you'll only be able to drive 59 miles when the temperature plummets. Does it have to be new? So, you can drive your Tesla Model 3 for 100 miles for just $4.02. Any of these options are great for you with the Model 3 RWD being the cheapest. Sell your M3 private party and get your MY if you need one. Up Nearly 70%, Tesla Is the Best-Performing S&P 500 Stock in 2023. Tesla's Stock Valuation. Tesla recently did major price cuts on the Model Y - is now the time to buy one? Making the world smarter, happier, and richer. How long does it take to charge? The Model 3 is much more affordable, and people specifically looking for a three-row SUV may not gravitate toward the Model Y. They will probably will come out with a cheaper, mini version of a Model Y RWD that has a very limited range for $29000. Musk foresees the company overtaking all five companies ahead of it. Toyotas fuel-efficiency icon, the 2022 Toyota Prius, has an EPA-estimated range of up to 633 miles on a single tank of gas. With factories in California, Nevada, Texas, New York, Germany, and China, the company produced almost 50% more vehicles last year than in the year before, and more factories are planned. 1 Reply More posts from r/TeslaModel3 116K subscribers thefudd 6 days ago To see what cars compare with each of these Tesla vehicles, we'll start with the Model Y long range. Offers may be subject to change without notice. Tesla Giga Mexico To Be Two Times Bigger Than Giga Texas? Terms & Conditions. Still, lets make a highly optimistic assumption that Apple can continue increasing its EVA by 7% annually on average. You could have to spend hours on a slower charger or, in the worst-case scenario, require a tow to another fast charger. The e-tron is rated for 222 miles of range. Tesla has to remain profitable. Apples EVA has risen at a 7% compound annual growth rate over the past eight years, including a once-in-a-lifetime 71% leap in the pandemic year of 2021. 2023 Model 3 Standard range RWD have comfort suspension? I have not yet decline an VIN, can I still decline the VIN and get kicked back to the line after I schedule delivery? If you take Tesla Model X as an example and Level 2 home charging stations, then the total fuel costs for Tesla Model X will be around $15.29. On the downside, last weeks low at $191.78 and the 21-day moving average are two key levels to watch. Tesla's much-awaited investor day failed to live up to the hype, and the . These measures come into play around $220. The Model X has the following delivery timeframes: Dec 2022 - Mar 2023 (Long Range) and Aug - Oct 2022 (Plaid). You can follow him on Twitter or LinkedIn to stay in touch and follow his Tesla news coverage on Torque News. These two seem the same to me, just wanted to confirm. I was told that I would be dead by the age of 45 after having a bad triple bypass at the age of 35. There won't be a need for an app or an unreliable credit card reader. Maybe one that still has USS, the functions of which have yet to be replicated in software? It's also possible to charge an EV by plugging it into a standard household outlet, but that's a bit like trying to fill a swimming pool with a garden hose. Buy now, or wait for the split? The Model Y may have the potential to be the world's best-selling EV. Tesla just did some drastic price cuts. Model S has the highest annual car insurance fee. could be sentient says Microsofts chatbot feels like watching the A cruise company is making a big play for remote workers to sail around the world for just $30,000 a year, CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. Most EV buyers won't have to pay if there's a problem with their EV's battery pack because federal law requires automakers to provide eight years or 100,000 miles of battery coverage. Tesla's industry-leading position and robust financial performance suggest the future is bright. While you get an exemption on fueling costs when driving a Tesla, you will still need to pay for electricity to recharge your vehicle. If Tesla CEO Elon Musk gets his way, that's what will happen. The price of this after the tax credit is $36,490. March 4, 2023, 12:00 PM UTC. But from January 1, 2022, Tesla buyers only have to pay the tax credits specified by their states. The car and the charging station communicate with each other, and you're billed by the appropriate charging network. Because of a new "made in America" requirement, far fewer EVs are eligible for any federal tax credit at all. The average commute can even be covered by a used electric vehicle with significantly degraded battery capacity. Too much reliance on screens that require gloves off in winter, poor quality control, no rear wiper, and Elon Musk. It's true, electric cars cost more than similarly featured gas vehicles with internal combustion engines. Electric vehicles are propelled by between one and four electric motors, with power typically supplied by lithium-ion battery packs. It found support on this test, and on Monday its outperforming the overall markets and trading back above $200. As we've discussed in previous sections, the spacing, reliability and time involved in using public DC fast-chargers can still make long-distance electric vehicle travel a challenge.