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As 2022 comes to a close, Tesla has made many changes to its EV lineup this year. If you want to know the cheapest Tesla, here is a price breakdown of the current lineup in November 2022. You might already know that the Tesla Model 3 is the most affordable electric vehicle from the brand, but you still won’t drive away for under $48,000.

The cheapest Tesla is the standard Model 3

Things change quickly in the automotive world, and Tesla’s pricing is no different. The automaker increased the price of its vehicles multiple times this year for various reasons, such as semiconductor chip shortages and supply chain issues. Currently, the rear-wheel drive Tesla Model 3 is the cheapest option in the lineup at $46,990. That has a 272-mile range, a top speed of 140 mph, and a 5.8-second zero to 60 mph time.

The Model 3 also has the most variants, with the M3 Performance and M3 Long Range. The Performance gets 315 miles on a charge for only $62,990. While the Long Range is still listed online, you can no longer order it. That could mean a new version is on the way.

Tesla’s Model Y electric SUV is the second cheapest option. The Long Range option gets 330 miles of range for $58,190. It has a top speed of 135 mph and a zero to 60 mph time of 4.8 seconds. The Performance version gets 303 miles, 155 mph top speed, and a 3.5 second zero to 60 time for $62,190.

The cheapest Tesla is not the Model S, but it is fun to drive

The cheapest Tesla is the standard Model 3
A Tesla Model S | Tesla

If you were looking for an affordable option, the two listed above are as affordable as you will get. The Model S comes with dual motors and all-wheel drive for $104,990. This version has a range of 405 miles, 149 mpg top speed, and a 3.1 zero to 60 mph time.

Tesla ModelMaximum RangeMSRP
Tesla Model 3272 miles$46,990
Tesla Model 3 Performance315 miles$62,990
Tesla Model 3 Long Range348 miles$68,990
Tesla Model Y Performance303 miles$69,990
Tesla Model Y Long Range330 miles$65,990
Tesla Model S 405 miles$104,990
Tesla Model S Plaid396 miles$135,990
Tesla Model X348 miles$120,990
Tesla Model X Plaid351 miles$138,990

Most people have heard about the Model S Plaid with three motors, all-wheel drive, and 396 miles of range. This one has a record-breaking 200 mph top speed and another record-breaking zero to 60 time of 1.99 seconds. You’ll have to cough up $135,990 for that version.

Nothing affordable about the Model X, but that’s OK

The standard Model X electric SUV comes in a dual-motor all-wheel drive setup that gets 348 miles on a charge. It has a top speed of 149 mph, a low cost of $120,990, and a zero to 60 mph time of 3.8 seconds. If you want the top-of-the-line Tesla Model X Plaid, you’ll have to pay $138,990. This version gets 333 miles of range, 149 mph as the top speed, and a zero to 60 mph time of 2.5 seconds.

There are only four vehicles in Tesla’s lineup as 2022 ends. What is the cheapest Tesla? From cheapest to most expensive: Model 3, Model Y, Model S, and Model X. The automaker won’t be lowering prices anytime soon, but these will likely increase without warning.


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