The Tesla Model S stands as a beacon of electric luxury and performance in the automotive world. If you’re wondering about the cost of owning this flagship electric sedan, you’re in the right place. In 2025, the Tesla Model S price ranges from $79,990 to upwards of $112,990, depending on the configuration and options you choose.
The Model S is Tesla’s premium offering, boasting the longest range in the Tesla lineup and exhilarating performance. Let’s delve into the details of the Model S pricing, what factors influence the cost, and what you get for your investment.
Tesla Model S Price Breakdown
The Tesla Model S comes in two main variants, each with its own starting price and potential for customization:
| Model and Version | Base Price | Max Price | Federal Tax Credit Value | Mileage Range |
|---|---|---|---|---|
| Model S AWD | $79,990 | $97,990 | $0 | 405 Miles |
| Model S Plaid | $94,990 | $112,990 | $0 | 396 Miles |
As you can see, the base price for the Model S All-Wheel Drive (AWD) starts at $79,990. Opting for the high-performance Model S Plaid will increase the starting price to $94,990.
Several factors can influence the final price of your Tesla Model S:
- Customization: Upgrades like premium paint colors, interior choices (like white or cream interiors instead of black), wheel options, and Tesla’s Full Self-Driving Capability package will all add to the vehicle’s price.
- Accessories: Tesla offers a range of accessories, from practical items like all-weather floor mats and roof racks to performance-enhancing options like the Model S Plaid Track Package. These accessories can further increase the overall cost.
It’s important to note that the Tesla Model S, in all its configurations, exceeds the MSRP limits for the U.S. federal electric vehicle tax credit. This means you won’t be eligible for a federal tax break when purchasing a new Model S.
Silver Tesla Model S driving down a mountainside highway
Image courtesy of Tesla, Inc.
What Justifies the Tesla Model S Price?
The Tesla Model S price reflects its position as a luxury electric vehicle packed with cutting-edge technology, exceptional performance, and a long driving range. Here’s what you’re paying for:
- Longest Range: The Model S boasts the longest range of any Tesla vehicle, offering up to 405 miles on a single charge for the AWD version, alleviating range anxiety for long journeys.
- Blistering Performance: The Model S Plaid is renowned for its mind-blowing acceleration, capable of going from 0 to 60 mph in a mere 1.99 seconds. This makes it one of the quickest production cars in the world. The AWD version also delivers impressive acceleration.
- Luxurious Interior: The Model S interior is designed with premium materials and a minimalist aesthetic. It features a spacious cabin, comfortable seating, and advanced technology integrations, including Tesla’s signature large touchscreen interface.
- Advanced Technology: Beyond performance and luxury, the Model S is loaded with technology. Tesla’s Autopilot driver-assistance system comes standard, and the optional Full Self-Driving Capability package offers advanced features (though it’s important to note it’s not yet fully autonomous). Over-the-air software updates keep the car’s features and functionalities current.
- Supercharger Network Access: Owning a Tesla grants you access to Tesla’s extensive Supercharger network, providing convenient and fast charging on road trips.
Tesla Model S Financing and Leasing
While the upfront cost of a Tesla Model S can be substantial, financing and leasing options can make it more accessible.
Model S Financing
Tesla offers financing options directly, and you can also secure loans through third-party lenders. Keep in mind that interest rates will vary based on your credit score and loan term.
Here are estimated monthly financing payments for the Model S, based on a 72-month loan term and a down payment of $3,999:
| Model S Variant | Estimated Monthly Financing Payment** |
|---|---|
| Model S AWD | $1,172 |
| Model S Plaid | $1,420 |
**Assumes $3,999 down, 5.84% APR, 72 months
Model S Leasing
Leasing a Tesla Model S can result in lower monthly payments compared to financing. However, it’s important to be aware that Tesla leases, initiated after April 2022, do not offer the option to purchase the vehicle at the end of the lease term.
Estimated monthly lease payments for the Model S are as follows, assuming a 36-month term and a down payment of $7,500:
| Model S Variant | Estimated Monthly Lease Payment* |
|---|---|
| Model S AWD | $891 |
| Model S Plaid | $1,040 |
*Assumes $7,500 down, 36-month term, 10,000 miles per year.*
Tesla Model S Accessories
Customizing your Model S with accessories can enhance its functionality, personalization, and even performance. While accessories add to the overall cost, they can tailor the car to your specific needs and preferences.
For example, the Model S offers accessories ranging from pet liners to protect the interior to the Track Package for Plaid models, which significantly enhances track performance but comes with a hefty price tag (around $20,000). Other accessories include:
- All-Weather Interior Protection: Floor mats and liners to protect against dirt and spills.
- Exterior Styling: Carbon fiber spoilers and other aesthetic enhancements.
- Charging Equipment: While not strictly accessories, ensuring you have the right home charging equipment (Wall Connector or Mobile Connector) is crucial.
Is the Tesla Model S Worth the Price?
The question of whether the Tesla Model S is “worth it” is subjective and depends on individual priorities and financial circumstances. It’s undeniably a premium-priced vehicle. However, it justifies its cost through:
- Exceptional Performance and Range: Leading the EV market in both range and acceleration.
- Luxury and Technology: Offering a refined interior and cutting-edge technology features.
- Lower Running Costs: Significantly reduced fuel and maintenance costs compared to gasoline cars.
- Prestige and Brand Recognition: Tesla is a highly desirable and innovative brand.
If you prioritize top-tier performance, long-range capability, advanced technology, and the prestige of the Tesla brand, and if your budget allows, the Model S can be a compelling choice. However, it’s essential to weigh these factors against the price and consider other luxury EV options available in the market.
Ultimately, understanding the nuances of the Tesla Model S price, features, and ownership benefits will empower you to make an informed decision that aligns with your needs and financial considerations.
