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Tesla Prices Fall Below Average US Car Costs, Model 3 On Par With Toyota Corolla

10 Oct 2023 | Abstracted from Inside EVs

"The Tesla Model 3 and Model Y, the brand's highest-selling electric cars globally, cost less than the average transaction price for a car in the US...factoring in the $7,500 federal tax credit, along with an additional $2,000 New York State credit, the Model 3 would probably cost around $26,490, before taxes and fees.

"...the Corolla's ownership cost over three years would be roughly $26,850."

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