Is Tesla Y like a SUV?
Do Elon Musk drive a Tesla?
Elon Musk most often drives a Tesla Model S Performance and sometimes a Tesla Model X when he needs extra space. He also toggles between those and the Cybertruck, depending on the day. But Musk’s influence within conservative politics has inspired a growing segment of people to ditch their Tesla, as they don’t want to be connected to Musk and had tied his political actions to their ownership of vehicles produced by his company.Some drivers say the brand is no longer seen in the same light, and for some, owning a Tesla now comes with unwanted attention. One owner, speaking to The New York Times, described being insulted in a parking lot. Others have cited political concerns as the reason for selling their vehicles.
Why are Teslas cheap now?
Tesla has also strategically implemented price drops as a competitive measure to attract buyers amid intense EV market competition. Additionally, used Tesla cars have become more affordable due to market depreciation and changing demand patterns. Based on what we’re seeing with Tesla batteries, they can be expected to last up to 20 years – roughly the same amount of time that the vehicle will be in operation. However, a Tesla battery lifespan is influenced by usage, charging behaviors, temperature, and battery configuration of the vehicle.Advancements in Technology Tesla has always been on the cutting edge of what comes next in the automotive industry, which actually makes its vehicles depreciate faster. That’s because as the technology advances in new models, the older ones tend to go out of date quickly.However, J. D. Power says, Tesla’s batteries tend to degrade to the extent of about 1% of range per year, which means the batteries retain 90% of their capacity after 10 years on the road; that is well within expectations for the industry.
Will Tesla be cheaper in 2026?
Tesla recently updated its Model Y SUV for the 2026 model year, and today it revealed a lower-priced base trim dubbed Standard that cuts $5,000 off the previous starting price, making the new base price now $41,630 (including destination and order fee). Known as the Model 3 and Y Standard trims, at $38,630 to start, the Model 3 Standard is now the least expensive Tesla you can buy ($5,500 less than the next cheapest model), while at $41,630, the Model Y Standard is $5,000 less than the next-step up Model Y.Let’s quickly roll through some of the financial concerns: Tesla’s net income in Q3 2025 was 29% lower than in Q3 2024 — $1. Tesla’s operating expenses were up 50% year over year, reaching $3.
What is the cheapest Tesla?
The cheapest version of the Tesla Model 3 is the Standard Rear-Wheel Drive model, which costs $36,990. Additional features, such as all-wheel drive, a larger battery, other paint colors, and enhanced self-driving, increase the cost of a Model 3. Among the providers in our study, the average estimate for third-party insurance on a 2023 Tesla Model 3 is $61 for minimum or $240 for full coverage per month. Auto-Owners offers the cheapest full-coverage policy for the Tesla Model 3 at an average of $45 monthly for liability coverage.
Is it costly to own a Tesla?
Owning a Tesla may cost more than a traditional gas or diesel vehicle because of higher maintenance costs, expensive accessories and insurance prices that are higher than average. However, as more people switch to electric vehicles, the cost of ownership may come down over time. Comparison with Traditional Vehicles When compared to traditional vehicles, Teslas are notably more expensive to repair. The Highway Loss Data Institute found that the repair costs for Teslas are significantly higher than for similar luxury vehicles with internal combustion engines.Tesla vehicles are designed with simplicity. This means: Fewer moving parts – A Tesla motor has around 20 moving parts compared to thousands in an ICE vehicle. With fewer components susceptible to wear and tear, Tesla vehicles are inherently less prone to mechanical failures.Teslas are solid cars, and keeping ahead of any issues will only improve your experience. Jerry customers are seeing issues with Teslas that include heat pump HVAC failures, MCU/eMMC screen faults, front control arm wear, low‑voltage battery aging, and charge‑port/charger faults.