The electric vehicle revolution is in full swing, and at the forefront of this movement is the iconic Tesla brand. With its sleek designs, cutting-edge technology, and commitment to sustainability, it’s no wonder that Tesla has become the go-to choice for eco-conscious car enthusiasts. But with the increasing popularity of electric vehicles, comes the inevitable question: how much does a Tesla motor cost?
In today’s world where environmental concerns, rising fuel costs, and government incentives are all aligning in favor of electric vehicles, understanding the price of a Tesla motor is more crucial than ever. Whether you’re a prospective buyer, a car enthusiast, or simply someone curious about the future of transportation, knowing the costs associated with Tesla’s electric vehicles can help you make an informed decision. This includes understanding the different models, their pricing, and the various options available to suit your needs and budget.
In this article, we’ll delve into the world of Tesla pricing, exploring the various factors that influence the cost of their electric vehicles. We’ll examine the different models, including the budget-friendly Model 3, the luxury-focused Model S, and the performance-oriented Model X. We’ll also discuss the impact of government incentives, tax credits, and other factors that can affect the overall cost of owning a Tesla. By the end of this article, you’ll have a comprehensive understanding of the pricing landscape of Tesla motors, empowering you to make a more informed decision when considering an electric vehicle for your next purchase.
Tesla Motor Prices: Understanding the Cost of Electric Luxury
The all-electric vehicles from Tesla have revolutionized the automotive industry, offering sleek designs, impressive performance, and innovative technology. However, one question that often lingers on the minds of potential buyers is: how much does a Tesla motor cost? In this section, we will delve into the world of Tesla pricing, exploring the various factors that influence the cost of these electric vehicles.
Model Variations and Price Points
Tesla offers a range of models, each with its unique features, capabilities, and price points. Here’s a breakdown of the current Tesla model lineup and their respective prices:
| Model | Price (USD) |
|---|---|
| Tesla Model 3 | $44,990 – $56,990 |
| Tesla Model S | $99,990 – $119,990 |
| Tesla Model X | $104,990 – $124,990 |
| Tesla Model Y | $52,990 – $64,990 |
| Tesla Cybertruck | $39,900 – $69,900 |
As you can see, the prices of Tesla models vary significantly, depending on the trim level, features, and options chosen. The base Model 3, for example, starts at around $44,990, while the high-end Model S Plaid can cost upwards of $119,990.
Factors Influencing Tesla Prices
So, what drives the prices of Tesla motors? Several factors come into play, including:
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Technology and Innovation
- Tesla’s advanced electric powertrain, battery technology, and software capabilities are major contributors to the vehicle’s overall cost.
- The company’s focus on sustainability and eco-friendliness also adds to the price, as Tesla invests heavily in research and development to improve its environmental impact.
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Materials and Manufacturing
- Tesla uses high-quality materials, such as aluminum and stainless steel, which can be more expensive than traditional automotive materials.
- The company’s manufacturing processes, including its use of robotics and automation, also contribute to the cost of production.
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Design and Features
- Tesla’s sleek designs, large touchscreens, and premium interior features add to the vehicle’s overall cost.
- The company’s emphasis on safety and security, including advanced driver assistance systems and biometric authentication, also contributes to the price.
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Brand Reputation and Marketing
- Tesla’s strong brand reputation, innovative marketing strategies, and extensive customer support contribute to the vehicle’s price premium.
- The company’s focus on customer experience and satisfaction also drives up the cost, as Tesla invests in providing a seamless and enjoyable ownership experience.
Cost-Effective Options and Incentives
While Tesla motors may seem expensive, there are several cost-effective options and incentives available to potential buyers:
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Federal and State Tax Credits
- The US federal government offers a tax credit of up to $7,500 for the purchase of an electric vehicle, including Tesla models.
- Many states also offer additional tax credits, rebates, or other incentives for electric vehicle purchases.
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Financing Options and Leasing
- Tesla offers financing options and leasing plans to make its vehicles more affordable for buyers.
- These options can help reduce the upfront cost and monthly payments, making Tesla ownership more accessible.
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Used and Certified Pre-Owned Vehicles
- Tesla’s used and certified pre-owned vehicles offer a more affordable entry point into the brand, with prices starting at around $30,000.
- These vehicles come with warranties and other benefits, providing buyers with peace of mind and a cost-effective ownership experience.
Conclusion
The prices of Tesla motors may seem steep, but the company’s innovative technology, premium features, and strong brand reputation justify the cost. By understanding the various factors that influence Tesla prices and exploring cost-effective options and incentives, potential buyers can make an informed decision and enjoy a seamless ownership experience.
Understanding Tesla’s Pricing Strategy
Tesla’s pricing strategy is often a subject of interest among electric vehicle enthusiasts and potential buyers. The company’s pricing model is designed to make its products accessible to a wide range of customers, from luxury buyers to those on a tighter budget. In this section, we’ll delve into the factors that influence Tesla’s pricing, the different models available, and how they’re positioned in the market.
Tesla’s Pricing Tiers
Tesla offers its vehicles in different pricing tiers, each catering to a specific segment of the market. The tiers are designed to provide customers with a range of options, from the most affordable to the most premium. Here’s a breakdown of Tesla’s pricing tiers:
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Entry-level: The most affordable Tesla models, such as the Model 3 and Model Y, are priced around $35,000 to $50,000. These vehicles offer a balance of range, features, and price, making them attractive to first-time EV buyers.
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Mid-range: The mid-range models, including the Model 3 Long Range and Model Y Long Range, are priced between $50,000 to $65,000. These vehicles offer more range and features than the entry-level models, making them suitable for customers who want a bit more luxury without breaking the bank.
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Performance: The performance models, such as the Model 3 Performance and Model Y Performance, are priced between $65,000 to $80,000. These vehicles are designed for enthusiasts who want exceptional acceleration and handling.
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Luxury: The luxury models, including the Model S and Model X, are priced above $80,000. These vehicles offer the highest level of luxury, technology, and range, making them suitable for customers who want the best of the best.
Factors Influencing Tesla’s Pricing
Tesla’s pricing is influenced by several factors, including production costs, research and development expenses, market conditions, and competition. Here are some key factors that affect Tesla’s pricing: (See Also: How Many Horsepower Is the Tesla Cybertruck? – Power Performance Breakdown)
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Battery costs: Tesla’s battery costs have been declining over the years, thanks to economies of scale and improvements in manufacturing efficiency. This decline in battery costs has enabled Tesla to reduce its prices and make its vehicles more competitive.
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Research and development: Tesla invests heavily in research and development, which is reflected in its pricing. The company’s R&D expenses are focused on improving its vehicles’ range, performance, and features, as well as developing new technologies like Autopilot and Full Self-Driving Capability (FSD).
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Market conditions: Tesla’s pricing is also influenced by market conditions, including demand, competition, and economic trends. The company adjusts its prices based on market conditions to ensure it remains competitive and attractive to customers.
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Competition: Tesla faces competition from other electric vehicle manufacturers, such as Rivian, Lucid, and NIO. The company’s pricing is influenced by the competitive landscape, with Tesla aiming to offer the best value proposition to customers.
Tesla’s Pricing Comparison to Other EVs
Tesla’s pricing is competitive with other electric vehicle manufacturers, but it’s essential to compare apples to apples. Here’s a comparison of Tesla’s pricing with other EVs in the market:
| Model | Price (USD) | Range (miles) |
|---|---|---|
| Tesla Model 3 | $35,000 – $50,000 | 250 – 325 |
| Rivian R1T | $69,000 – $90,000 | 250 – 400 |
| Lucid Motors Air | $80,000 – $100,000 | 300 – 500 |
| NIO ES6 | $50,000 – $70,000 | 250 – 375 |
As you can see, Tesla’s pricing is competitive with other EV manufacturers, especially when considering the range and features offered. However, it’s essential to note that Tesla’s pricing can vary depending on the location, and the company often offers incentives and discounts to customers.
Discounts and Incentives
Tesla offers various discounts and incentives to customers, including:
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Federal Tax Credit: Tesla customers are eligible for a federal tax credit of up to $7,500, depending on the model and location.
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State and Local Incentives: Many states and local governments offer incentives for EV buyers, including rebates, tax credits, and exemptions from certain fees.
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Tesla Referral Program: Tesla’s referral program offers discounts to customers who refer friends and family to purchase a Tesla vehicle.
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Used and Certified Pre-Owned Vehicles: Tesla offers certified pre-owned vehicles, which can provide significant savings for customers.
By understanding Tesla’s pricing strategy, factors influencing pricing, and discounts and incentives, customers can make informed decisions when purchasing a Tesla vehicle.
How Much Is a Tesla Motor?
Understanding the Cost of Tesla Motors
When it comes to purchasing a Tesla motor, the cost can be a significant factor in the decision-making process. Tesla offers a range of models, each with its unique features, performance, and price tag. In this section, we’ll explore the cost of Tesla motors, including the factors that affect the price and what to expect when buying a new or used Tesla.
Base Models and Prices
Tesla’s base model, the Model 3, starts at around $35,000. However, this price can quickly add up depending on the options and features you choose. For example, a fully loaded Model 3 with all-wheel drive, premium interior, and advanced safety features can cost upwards of $50,000.
Luxury Models and Prices
Tesla’s luxury models, such as the Model S and Model X, come with a higher price tag. The Model S, with its sleek design and advanced features, starts at around $79,000. The Model X, with its unique falcon-wing doors and spacious interior, starts at around $84,000.
Used and Certified Pre-Owned Teslas
If you’re looking for a more affordable option, consider purchasing a used or certified pre-owned Tesla. These vehicles have already taken a significant depreciation hit, making them a more affordable option. For example, a used Model 3 can cost anywhere from $20,000 to $30,000, depending on the age, mileage, and condition.
Factors Affecting the Cost of Tesla Motors
Several factors can affect the cost of a Tesla motor, including:
Range and battery size: Teslas with larger batteries and longer ranges typically cost more.
Location: Prices can vary depending on your location and the local market.
Practical Applications and Actionable Tips
When considering the cost of a Tesla motor, keep the following tips in mind:
Research and compare prices: Look at prices for different models, trim levels, and locations to find the best deal.
Prioritize your needs: Focus on the features that matter most to you and prioritize your spending accordingly.
Real-World Examples and Case Studies
Here’s a real-world example of how the cost of a Tesla motor can add up: (See Also: Can You Put a Subwoofer in a Tesla? – Installing Made Easy)
A buyer purchases a fully loaded Model 3 with all-wheel drive, premium interior, and advanced safety features for $50,000.
The buyer also receives a $1,000 trade-in credit for their old vehicle, further reducing the cost to $44,000.
In this example, the buyer was able to save over $6,000 by taking advantage of incentives and rebates. This is just one example of how the cost of a Tesla motor can be reduced with careful planning and research.
Expert Insights and Data
According to a recent report by InsideEVs, the average price of a new Tesla motor is around $55,000. However, prices can vary depending on the model, trim level, and location. For example, a new Model S can cost anywhere from $79,000 to over $100,000, depending on the options and features.
In conclusion, the cost of a Tesla motor can be a complex and multifaceted topic. By understanding the factors that affect the price, researching and comparing prices, and taking advantage of incentives and rebates, buyers can find the best deal for their budget.
Understanding the Pricing of Tesla Motors
Tesla Motors, the pioneering electric vehicle (EV) manufacturer, has revolutionized the automotive industry with its innovative and sustainable designs. As the demand for EVs continues to rise, many potential buyers are curious about the pricing of Tesla motors. In this section, we’ll delve into the various factors that influence the cost of Tesla motors, the different models and their prices, and the benefits of investing in a Tesla.
Factors Affecting the Pricing of Tesla Motors
Several factors contribute to the pricing of Tesla motors, including:
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Model and features: Tesla offers a range of models, each with its unique features, specifications, and price points. The more advanced and feature-rich models, like the Model S and Model X, are priced higher than the more affordable options like the Model 3.
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Battery size and range: Tesla motors with larger batteries and longer ranges are generally more expensive than those with smaller batteries and shorter ranges.
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Autonomous driving capabilities: Tesla’s Autopilot technology, which enables semi-autonomous driving, adds to the cost of the vehicle.
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Interior and exterior design: The interior and exterior design, including materials, colors, and customizations, can impact the price of the vehicle.
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Location and market: Prices can vary depending on the location, with some markets having higher prices due to taxes, import duties, and other factors.
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Government incentives: Governments often offer incentives, such as tax credits or rebates, to encourage the adoption of EVs, which can reduce the effective cost of a Tesla motor.
Tesla Motor Models and Their Prices
Tesla offers a range of models, each with its unique features and price points. Here are some of the current models and their prices:
| Model | Price (USD) |
|---|---|
| Model 3 | $35,000 – $50,000 |
| Model 3 Performance | $56,000 – $66,000 |
| Model S | $79,990 – $99,990 |
| Model S Performance | $109,990 – $129,990 |
| Model X | $84,990 – $104,990 |
| Model X Performance | $114,990 – $134,990 |
| Cybertruck | $39,900 – $69,900 |
| Roadster | $200,000 – $250,000 |
Note: Prices may vary depending on the location, and the prices mentioned above are subject to change.
Benefits of Investing in a Tesla Motor
While the initial cost of a Tesla motor may seem high, there are several benefits that make it a worthwhile investment:
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Environmental benefits: Tesla motors produce zero tailpipe emissions, reducing your carbon footprint and contributing to a cleaner environment.
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Lower operating costs: Tesla motors are electric, which means you’ll save money on fuel costs, with an estimated cost of around $3 to $5 per 100 miles.
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Government incentives: As mentioned earlier, governments offer incentives to encourage the adoption of EVs, which can reduce the effective cost of a Tesla motor.
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Advanced technology: Tesla motors come equipped with advanced features like Autopilot, which enables semi-autonomous driving, and over-the-air software updates, which ensure your vehicle stays up-to-date with the latest technology.
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Performance: Tesla motors are known for their exceptional performance, with rapid acceleration and smooth handling.
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Warranty and maintenance: Tesla offers an 8-year, infinite-mile battery warranty and a 4-year, 50,000-mile vehicle warranty, providing peace of mind and reducing maintenance costs. (See Also: Where Did Tesla Die? – Uncovering The Truth)
In conclusion, the pricing of Tesla motors is influenced by various factors, including the model, features, battery size, and location. While the initial cost may seem high, the benefits of investing in a Tesla motor, including environmental benefits, lower operating costs, government incentives, advanced technology, performance, and warranty and maintenance, make it a worthwhile investment for those looking to own a sustainable and innovative vehicle.
Key Takeaways
Determining the cost of a Tesla vehicle is a multifaceted process. While Tesla’s website provides a starting price, numerous factors influence the final cost, including chosen trim level, optional features, and applicable incentives. Understanding these variables empowers potential buyers to make informed decisions and budget effectively.
Beyond the initial purchase price, Tesla ownership comes with ongoing expenses like charging, maintenance, and insurance. It’s crucial to factor these costs into your overall budget to ensure Tesla ownership aligns with your financial goals. Additionally, Tesla’s rapid technological advancements mean that resale value can fluctuate, impacting long-term ownership costs.
- Research Tesla’s website for the base price of your desired model.
- Customize your Tesla with desired features and options to get an accurate price.
- Explore available tax credits, rebates, and other incentives in your region.
- Factor in the cost of home charging installation if needed.
- Estimate ongoing expenses like electricity, maintenance, and insurance.
- Research Tesla’s resale value trends to understand potential long-term costs.
- Compare Tesla’s total cost of ownership to other vehicles in your consideration set.
As Tesla continues to innovate and expand its offerings, staying informed about pricing trends and ownership costs is essential for making a well-rounded decision about whether a Tesla is the right fit for you.
Frequently Asked Questions
What is a Tesla Motor?
A Tesla motor, also known as an electric motor, is a type of electric motor that uses an alternating current (AC) to generate torque and propel a vehicle. Tesla motors are designed to be highly efficient, reliable, and environmentally friendly. They use electric power from a battery pack, which is charged through a combination of supercharging and regular charging at home or on the go. Tesla motors are known for their smooth, quiet operation and instant torque, making them a popular choice for electric vehicles (EVs). The name “Tesla” actually refers to the company that manufactures the motors, Tesla, Inc., rather than the motor itself.
How Much Is a Tesla Motor?
The cost of a Tesla motor depends on the specific model and configuration. Tesla offers a range of models, including the Model S, Model 3, Model X, Model Y, and Cybertruck. The prices of these models vary from around $40,000 to over $100,000, depending on the features and options chosen. Additionally, there may be additional costs for features such as Autopilot, Full Self-Driving Capability (FSD), and Premium Interior. It’s also worth noting that Tesla offers various incentives and discounts, such as the Federal Electric Vehicle Tax Credit, which can help reduce the upfront cost of a Tesla motor.
Why Should I Buy a Tesla Motor?
There are several reasons why you might consider buying a Tesla motor. First and foremost, Tesla motors are environmentally friendly, producing zero tailpipe emissions and reducing greenhouse gas emissions. They are also highly efficient, with some models achieving up to 400 miles on a single charge. Additionally, Tesla motors are known for their smooth, quiet operation and instant torque, making them a pleasure to drive. Tesla also offers a range of features and technologies, such as Autopilot and FSD, that make driving safer and more convenient. Finally, Tesla offers a range of incentives and discounts, such as the Federal Electric Vehicle Tax Credit, that can help reduce the upfront cost of a Tesla motor.
How Do I Start Buying a Tesla Motor?
Starting the process of buying a Tesla motor is relatively straightforward. First, you can visit the Tesla website to explore the different models and features available. You can also visit a Tesla store or test drive a car to get a feel for the vehicle. Once you’ve chosen a model, you can configure your car to your liking, choosing features such as Autopilot, FSD, and Premium Interior. You can also schedule a delivery or pick up your car at a Tesla store. Additionally, you can take advantage of Tesla’s financing options, including leasing and financing, to make the process of buying a Tesla motor more affordable.
What If I Have Trouble Charging My Tesla Motor?
If you have trouble charging your Tesla motor, there are several things you can try. First, make sure you’re using the correct charging cable and that it’s properly plugged into the charging station. If you’re using a home charger, check that it’s properly installed and that the circuit breaker hasn’t tripped. If you’re using a public charging station, check that it’s functioning properly and that you have a valid charging session. If the issue persists, you can contact Tesla’s customer support team, which is available 24/7 to assist with any charging-related issues.
Which is Better, a Tesla Motor or a Gasoline-Powered Car?
The choice between a Tesla motor and a gasoline-powered car ultimately depends on your individual needs and preferences. If you prioritize environmental sustainability, efficiency, and performance, a Tesla motor may be the better choice. However, if you prioritize affordability, fuel efficiency, and long-range driving, a gasoline-powered car may be the better option. Additionally, if you live in an area with limited charging infrastructure, a gasoline-powered car may be more convenient. Ultimately, the decision between a Tesla motor and a gasoline-powered car should be based on your individual needs and priorities.
How Much Does It Cost to Maintain a Tesla Motor?
The cost of maintaining a Tesla motor is relatively low compared to gasoline-powered cars. According to Tesla, the average annual maintenance cost for a Tesla motor is around $400, compared to around $1,000 for a gasoline-powered car. Additionally, Tesla motors require less frequent oil changes, brake replacements, and other maintenance tasks, which can save you money in the long run. However, it’s worth noting that Tesla motors do require more frequent software updates, which can be downloaded over-the-air, and that the battery pack may need to be replaced every 10-15 years, which can cost around $5,000-$7,000.
Can I Sell My Old Gasoline-Powered Car to Buy a Tesla Motor?
What is the Best Way to Finance a Tesla Motor?
The best way to finance a Tesla motor depends on your individual financial situation and needs. Tesla offers a range of financing options, including leasing and financing, that can help make the process of buying a Tesla motor more affordable. You can also explore other financing options, such as auto loans and personal loans, from third-party lenders. Additionally, you can take advantage of federal and state incentives, such as the Federal Electric Vehicle Tax Credit, to help reduce the upfront cost of a Tesla motor. It’s also worth noting that Tesla offers a trade-in program, which can help you sell your old gasoline-powered car and use the proceeds to purchase a Tesla motor.
How Long Does a Tesla Motor Last?
The lifespan of a Tesla motor depends on several factors, including the model, usage, and maintenance. According to Tesla, the battery pack in a Tesla motor can last for up to 10-15 years, after which it may need to be replaced. However, with proper maintenance and care, many Tesla motors can last for 20 years or more. Additionally, Tesla offers a warranty on its vehicles, which covers the battery pack, electric motor, and other components for up to 8 years or 120,000 miles, whichever comes first.
Conclusion
In conclusion, the cost of a Tesla motor can vary greatly depending on several factors, including the model, trim level, and features. However, with our comprehensive guide, you now have a clear understanding of the different price ranges and what to expect from each model. Whether you’re in the market for a budget-friendly option like the Tesla Model 3 or a luxurious model like the Tesla Model S, we’ve got you covered.
One of the key benefits of a Tesla motor is its eco-friendliness and sustainability. Not only do these cars produce zero emissions, but they also offer a range of up to 373 miles on a single charge, making them an ideal choice for environmentally conscious drivers. Additionally, Tesla’s advanced technology and innovative features, such as Autopilot and Supercharger networks, make them a leader in the electric vehicle market.
As the demand for electric vehicles continues to grow, now is the perfect time to consider making the switch to a Tesla motor. Not only will you be reducing your carbon footprint, but you’ll also be enjoying a range of benefits, including lower fuel costs, reduced maintenance needs, and a smoother, quieter driving experience.
So, what’s next? If you’re interested in purchasing a Tesla motor, we recommend researching the different models and features to determine which one is right for you. You can also visit a local Tesla dealership or schedule a test drive to experience the car’s performance and features firsthand. With its impressive range, advanced technology, and eco-friendly design, a Tesla motor is an investment that will not only benefit you but also the environment.
As we look to the future, it’s clear that electric vehicles will play a major role in reducing our carbon footprint and promoting sustainable transportation. By choosing a Tesla motor, you’ll be joining a community of like-minded individuals who are committed to making a positive impact on the environment. So, take the first step today and discover the benefits of a Tesla motor for yourself. Your future, and the future of the planet, will thank you.