{"id":265,"date":"2022-08-10T13:13:41","date_gmt":"2022-08-10T13:13:41","guid":{"rendered":"http:\/\/shapegreatness.org\/?p=265"},"modified":"2024-05-31T17:40:51","modified_gmt":"2024-05-31T17:40:51","slug":"are-teslas-worth-it","status":"publish","type":"post","link":"http:\/\/shapegreatness.org\/index.php\/2022\/08\/10\/are-teslas-worth-it\/","title":{"rendered":"Are Teslas worth it?"},"content":{"rendered":"
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No matter how you spin it, the Tesla story is impressive. First entering the spotlight in 2013 when the Model S was unveiled, Tesla has become a rightful competitor to established American automakers like Ford, Chevrolet, and Dodge. Since then, the company has set a slew of company and national records. The Model 3 became the\u00a0world\u2019s best-selling electric vehicle (EV) worldwide in 2019<\/strong><\/a>.\u00a0Tesla\u2019s annual deliveries increased by nearly 36% year-over-year<\/strong><\/a>\u00a0in 2020. Finally, the\u00a0company\u2019s market cap outperformed any other manufacturer<\/strong><\/a>\u00a0in 2020.<\/p>\n

If you\u2019ve ever considered owning a Tesla, you\u2019re not alone. Teslas are a popular choice for those looking to buy a luxury car that is also an electric car. Americans purchased nearly two-times as many electric cars in the first quarter of 2022 as they did in the first quarter of 2021.<\/a> From fuel efficiency to futuristic technology, it\u2019s safe to assume that Tesla will continue to edge out some of the other competition as EV adoption only increases. In fact,\u00a0sales of electric vehicles doubled in 2021 to a new record of 6.6 million, and currently more are now sold each week than in a year a decade earlier.<\/a> With over 75% of EVs sold being Tesla models, as well as the planned 2023 Tesla Cybertruck<\/a>, Tesla is the standard for luxury electric vehicles.<\/p>\n

So, are Teslas worth it?<\/strong><\/h3>\n

The truth is only you can answer this question in the long run. However, to help you decide if purchasing a\u00a0Tesla is the right fit for you, we\u2019ve broken down some important topics such as safety ratings, purchase price, and maintenance costs.<\/p>\n

How much do Tesla cars cost?<\/strong><\/h2>\n

The current lineup of Tesla vehicles consists of four models\u2014Model 3, Model S, Model X, and Model Y\u2014each of which starts at different price points. However, their costs continue to fluctuate. One explanation? Simple supply and demand. As supply begins to meet demand, costs will only decrease. To that extent, the company offered the following statement in 2019: \u201cWe are also adjusting our pricing in order to continue to improve affordability for customers. Like other car companies, we periodically adjust pricing and available options.\u201d<\/p>\n

In May 2020, Tesla cut prices on several of their vehicles yet again. Both the Model S and Model X saw a $5,000 base model decrease, to $74,990 and $79,990, respectively. And the Standard Range Plus Model 3, Tesla\u2019s most affordable option, saw a $2,000 decrease to $37,990 (all Model 3s saw a similar $2,000 drop). The Model Y, which sits at $49,990 for its base model, however, remained unchanged. As with most cars, it\u2019s important to check the current prices of each model before you purchase.<\/p>\n

Do Teslas really save on fuel?<\/strong><\/h2>\n

You might be saying to yourself, \u201cSure, a Tesla can carry a heavy price tag\u2014but think about all the fuel savings<\/a>!\u201d According to Nerd Wallet, when all is said and done, you can expect net savings (taking into account the electricity costs of charging your Tesla vehicle) of\u00a0between $810 and $890 per year<\/strong><\/a>\u00a0assuming you drive an estimated 15,000 miles per year. After a few years, you\u2019re looking at an extra couple thousand bucks!<\/p>\n

The benefits of an electric car<\/strong><\/h2>\n

Many Tesla owners take pride in the reduced emissions and lower carbon footprint that Teslas can offer. By investing heavily in raising awareness about these vehicles and what they can mean to consumers and the environment, Tesla can be credited for a good deal of the rising popularity of EV.<\/p>\n

But Teslas are nearly in a class by themselves\u2014and the increased demand for EVs isn\u2019t the result of a single issue. Instead, it\u2019s the combined effect of a variety of factors that appeal to different segments of the population. In addition to their environmental impact, their sleek appearance stands out when compared to many other EV models on the road today. Here are some other reasons why people are considering electric vehicles more often:<\/p>\n