Whenever we hear the term electric car or EV, the first thing which comes to our mind is Tesla. Tesla has been the self-proclaimed leader of the EV industry. They have emerged as the biggest EV manufacturer in the US in the last 5 years.
The dreams of a $35k Tesla were shattered when the Model 3 was finally launched at a retail price of $48,440. But almost all the electric cars of Tesla are worth the money as they offer better tech and access to the largest global charging network of Tesla.
In this article, we will discuss the history of the electric car Tesla, who was the founder of Tesla, their cars, the average price of purchasing a Tesla, and the advantages that Tesla has over the other EV companies, among many other things.
So, let’s get started!
History of Company Tesla Motors
As we all know that Tesla was named after the great Serbian American scientist Nikola Tesla. It was founded by two American entrepreneurs, Martin Eberhard and Marc Tarpenning, in the year 2003. Its name was Tesla Motors back then, which changed to Tesla Inc. in 2018.
Elon Musk has been with Tesla since the very beginning. He contributed more than $30 million to the Tesla vision back in 2004. He also served as the chairman of the company’s board. The first product to be ever produced under the Tesla banner was Roadster.
This car was laced with a lithium-ion for the very first time. Due to the innovative chassis and battery design, it achieved a range of 245 miles on a single charge. Which seemed a lot at the time. Plus, the major concern about performance raised by many people was also answered by this car.
As roadster was able to achieve a top speed of 125 miles, putting it in line with the performance of a decent gasoline-powered car. Despite all these qualities, the suggested price of the Roadster was $109,000. This number was huge, and people weren’t ready to buy an EV at that price.
It wasn’t until 2008 that Elon Musk finally became the CEO of the company. Through his aggressive marketing techniques, Elon Musk managed to raise awareness among people. He made them understand how vital it was to make the switch from gasoline to electric cars.
Before selling the solution, he sold the problem. When enough people had bought it, he launched the new electric car lineup of, Tesla. We’ll have a look at this lineup in a while, but that is all about the history of Tesla in short so far.
Electric Car Tesla Vs. Other EV Companies
Tesla has been dominating the global EV market. It has captured over 65.4% of the EV market share. Though it has been on the downslide for the past couple of years. The major reason behind this is the entry of new players into the EV space.
Still, Tesla is the biggest name in the EV industry. All thanks to Tesla’s innovative battery technology, its cars have exceptionally long ranges. They have also combined a suite of outstanding features with top-notch performance. Their cars are second to none.
Another big advantage Tesla has over other EV companies is having the largest EV charging network all across the US. Tesla operates and owns a network of over 40,000 superchargers around the globe. Exclusive benefits are given to Tesla owners at these charging stations.
Tesla also has the first-mover advantage in the industry. They are always the first ones to push the boundaries. Whether it be performance specifications, range, or battery capacity, Tesla has been setting new standards every now and then.
In short, Tesla has over 2/3rd of the electric car industry in its palm. This is because of a reason. In the future, this domination might lose its effect. But Tesla is always going to be a major name in the electric car industry.
Electric Car by Tesla on the Market
So far, with the variants of the launched models, the average price of purchasing a Tesla comes out to be $90,885. The cheapest Tesla, Model 3, costs $48,440, and the most expensive Tesla, Model X, costs over $140,440. This is exuberantly high if you compare the average purchasing price of other electric car companies.
In total, 4 EVs have been launched by Tesla so far. The company has plans to unveil several models between 2023 and 2025. Among those are the Cyber Truck and Roadster.
But for now, there are 4 models. Let’s have a look at all these models in detail!
Tesla Model 3
If you are looking for the most affordable Tesla on the market, then Model 3 is the way to go. The starting price of the 2023 Tesla Model 3 is about $48,440. It goes up to $59,440 and $64,440 for long-range and performance variants.
The range and battery specs for the Model 3 are impressive. The long-range and base variants of Model 3 can easily cover 310-315 miles on a single charge. It comes either with a 75 or 80.5 kWh battery pack. Tesla’s supercharger is the fastest way to charge its batteries.
You can revive a range of up to 200 miles in less than 15. Taking the total charging time of Tesla Model 3 up to 30 mins at a DC fast charging station. However, at home, it will take 8-12 hours to charge it, and at a level-II charger, it will take 4-6 hours to fully recharge the batteries.
Tesla Model Y
Next up in the Tesla lineup is the Model Y. The price of Model Y is higher in comparison to Model 3. Still, it is affordable. It has a starting price of $67,440 for the long-range trim, and the price goes up to $71,440 for the performance trim.
According to the company claims, Tesla Model Y is capable of going 330 miles on a single charge. Even with the performance trim, you can easily reach the 300-mile mark. It is laced with a battery pack of 80.5 kWh battery pack. The charging time for Model 3 and Y are quite similar.
The most impressive thing about the Tesla Model Y is its top speed and swift acceleration. The performance trim can go from zero to 60 mph in less than 3.6 seconds and has a claimed top speed of 155 mph which is very impressive.
Read the full review of the Tesla Model Y.
Tesla Model S
Now we are moving towards the more luxury segment or, should we say, the more pricey segment of the Tesla cars. Tesla Model S is offered at a starting price of $106,440. The top-of-the-line variant of the Model S is S Plaid. It has a price of $137,440.
You see, the Tesla magic works best when it comes to the range of Model S. For the base variant, it has a range of 405 miles on a single charge, and for the Plaid S models, the range is 396 miles. These figures are highly impressive, especially if you combine them with the performance specs.
The Tesla Model S Plaid has a maximum power output of 1,020 hp. With this much power, it is capable of going from 0-60 mph in about 2.1 seconds. This puts it on the list of fastest electric cars in the world as well as the list of electric cars with the longest range.
Tesla Model X
Finally, we have the Tesla Model X. The price of a basic Tesla Model X starts at $122,440 and goes up to $140,440 for the Plaid X variant. I call it a rich people’s car, as there are plenty of optional upgrades on offer. They can raise the price pretty quickly.
The driving range for Model X is impressive. The base model can go up to 350 miles on a single charge, and the Plaid X variant can go 335 miles. The number is good but aren’t as impressive as those of Model S. Nonetheless; Tesla has lived up to its name once again with Model X.
Read the full review of the Tesla Model X.
Final Word, Electric Car Tesla EV Lineup
We talked about the evolution of Tesla as a mammoth EV manufacturing company. Also, how the company managed to acquire a major share of the global market of electric cars. All thanks to the advantages Tesla possesses over other EV companies.
Among those are the fastest growing network of superchargers globally, exceptionally long-range, modern battery tech, autonomous driving features, and a plethora of other high-end features.
You might find that the average purchasing cost of $90,885 is a bit high. But if you consider the driving features mentioned above, the price point may seem justified. And it’s not like you have to spend $90,885. The entry-level Tesla can be bought for under $50,000.
We foresee that the Tesla fever in the EV community might come down in the coming years. As there are many big and emerging players ready to take a dip in the sea of EVs. But Tesla is always going to have a major impact on the innovations and direction of the EV industry.
Do you own a Tesla? Or would you like to own one someday? Let us know your thought about the Tesla cars. Do you think they are worth the hype and money? Do let us know in the comment section below.