Tesla CEO and founder Elon Musk is the richest person in the world after overtaking Jeff Bezos in 2022.
Despite Musk’s success, owning a Tesla is not for everyone. Some might be hesitant to embrace Tesla’s self-driving and driver-assist technologies. CNBC reported Tesla was the leader in driver-assist crashes between June 2021 and June 2022. Although this data does not necessarily mean Tesla cars are any less safe than other cars with similar technologies, it does show there is danger associated with these developing technologies.
Others might be put off by the cost.
A Tesla car could cost you from $45,000 to well over $200,000 as of June 2022, according to Motor Trend magazine.
As of June 20, 2022, a new Tesla Model 3 will run about $48,000, but think twice before you buy the cheapest model. Its battery is only designed to get you an estimated 267 miles, according to Tesla. For the Model 3 Long Range, which will get you about 67 miles farther, you can expect to pay $51,000. Ranges vary with wheel selection, says the company.
According to Motor Trend, the Tesla Roadster, an electric sports car which the company says can hit 60 miles per hour in just 1.9 seconds, will start at around $200,000, with the limited Founders Series to cost about $250,000.
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According to Electrek, the release of the Cybertruck was moved from late 2021 to late 2022. Tesla is currently taking reservations, but the truck was not yet in production as of June 2022.
Motor Trend estimates the single-engine Cybertruck will start at $39,900.
Among electric car manufacturers, Tesla is at the top in the United States, as of June 2022.
In 2021, Tesla became the first car manufacturer to sell 2 million electric cars, according to Inside EVs. According to Electrek, Tesla vehicles accounted for 79% of new electric vehicles registered in the United States in 2020.
That’s not to say Tesla doesn’t have competition. According to CNBC, Volkswagen’s chief executive has stated his intention to overtake Tesla in vehicle sales by 2025.
Bloomberg Intelligence suggests Volkswagen, which already leads in Europe, could overtake Tesla as early as 2024.