Tesla is one of the electric carmakers that can be credited with bringing the EV revolution to the United States. The homegrown carmaker has given legacy brands a run for their money and made them look beyond gas-guzzling cars toward an electric future. But the electric car market is still in its fledgling phase and the ones that offer good performance and range are expensive. Keeping that in mind, we bring you a list of the cheapest Tesla cars you can buy in 2022.

Elon Musk the visionary CEO of Tesla had a master plan when he took over the car company. He started with the premium Model S and with the profit generated from that car along with the Model X, he launched the Model 3 and the Model Y. So in short, the company in a very short period was able to capture the EV market in between the $40,000 to $150,000 price range. Thus capturing the majority of the car buyers. So without further ado here is the list of the cheapest Tesla cars arranged based on their MSRP from the highest to the lowest.


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9. 2022 Tesla Model X Plaid

The 2022 Tesla Model X Plaid price starts at $138,990 and it is eligible for a discount of $750 under California clean fuel reward. It can be bought on finance from the company starting at $2,063/month at 3.74% APR for 72-month and a down payment of $7,500. The same can be leased from the company starting at $2,069/month for 36-month and a downpayment of $7,500. Both the above deals also require you to pay a $250 non-refundable order fee.

2022 Tesla Model X Plaid

Specs

Price

$138,990

Engine

Tri-electric motor

Horsepower

1,020 hp

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver ($1,500 extra), Deep Blue ($1,500 extra), Solid Black ($1,500 extra), Red ($2,500 extra)

Range

333 miles

0-60 MPH

2.5 sec

The 2022 Model X Plaid powered by its tri-electric motor making a combined output of 1,020 hp is the quickest accelerating production SUV to date. It does 0-60 MPH in 2.5 seconds and covers a standing quarter-mile in 9.9 seconds as per Tesla. The SUV comes standard with 20-inch wheels which allows it to have a top speed of 149 MPH and a range of 333 miles as per EPA. While the optional 22-inch wheels ($5,500 extra) increase the top speed to 163 MPH but drops the range to 311 miles.

8. 2022 Tesla Model S Plaid

The 2022 Tesla Model S Plaid is the brand’s poster boy which starts at $135,990. It can be purchased on finance starting at $2,017/month at 3.74% APR for 72-month with a down payment of $7,500. The same can also be leased starting at $1,929/month for 36-month and a down payment of $7,500. The lease comes with an annual mileage cap of 10,000 miles. While for the above two deals one needs to pay a non-refundable order fee of $250.

2022 Tesla Model S Plaid

Specs

Price

$135,990

Engine

Tri-electric motor

Horsepower

1,020 hp

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver ($1,500 extra), Deep Blue ($1,500 extra), Solid Black ($1,500 extra), Red ($2,500 extra)

Range

396 miles

0-60 MPH

1.99 sec

Powered by a tri-electric motor setup that has a combined output of 1,020 hp, the 2022 Model S Plaid is the quickest accelerating car in production today as per Tesla. The Model S Plaid does 0-60 MPH in 1.99 seconds and a standing quarter-mile in 9.23 seconds at 155 MPH. It comes with two-wheel size options as standard you get 19-inch wheels while the optional 21-inch wheels cost $4,500 and reduce the range to 348 miles. As standard, the Model S Plaid has a range of 396 miles on a single charge as per EPA.

7. 2022 Tesla Model X

The 2022 Tesla Model X price starts at $114,990 and it is eligible for a discount of $750 as a California clean fuel reward. It can be leased from the company starting at $1,629/month for 36-month with $7,500 as a down payment. The electric SUV can also be purchased on finance starting at $1,609/month at 3.74% APR for 72-month with a downpayment of $7,500. That said, irrespective of whether you lease or finance the Model X you need to pay an additional $250 order fee which is non-refundable.

2022 Tesla Model X

Specs

Price

$114,990

Engine

Dual electric motor

Horsepower

670 hp

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver ($1,500 extra), Deep Blue ($1,500 extra), Solid Black ($1,500 extra), Red ($2,500 extra)

Range

348 miles

0-60 MPH

3.8 sec

Do note the above deals are for the model with five seats, as getting six-seat and seven-seat layout on the Model X costs $6,500 and $3,500 extra as well as reduce the range to 330 miles and 329 miles respectively. Unlike the Plaid version, the regular Model X gets a dual electric motor setup that makes a combined 670 hp. As a result, it does 0-60 MPH in 3.8 seconds and offers a range of 348 miles on a full charge as per EPA. The top speed of the SUV on regular 20-inch wheels is 149 MPH but the optional 22-inch wheels ($5,500 extra) increase the top speed to 155 MPH and drop the range to 330 miles.

6. 2022 Tesla Model S

The Tesla Model S is the car that can be credited with single-handedly turning the fortunes of Tesla. The Model S in 2022 starts at $99,990 and is eligible for California clean fuel rewards. It can be purchased on finance starting at $1,475/month at 3.74% APR for 72-month and a down payment of $7,500. The EV can also be leased from Tesla starting at $1,399/month for 36-month with a down payment of $7,500. Both the above deals also require paying a non-refundable fee of $250.

2022 Tesla Model S

Specs

Price

$99,990

Engine

Dual electric motor

Horsepower

670 hp

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver ($1,500 extra), Deep Blue ($1,500 extra), Solid Black ($1,500 extra), Red ($2,500 extra)

Range

405 miles

0-60 MPH

3.1 sec

The 2022 Model S is powered by a dual electric motor which has a combined power output of 670 hp. With this setup, it does 0-60 MPH in 3.1 seconds and manages to have an EPA-estimated range of 405 miles. Thus offering a balance of performance and range in one package. For 2022 its prices have been increased and it no longer comes with radar sensors. Instead, it now gets Tesla Vision which is a camera-based system.


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5. 2022 Tesla Model Y Performance

The 2022 Tesla Model Y Performance is based on the Tesla Model 3 and starts at $67,990. It can be purchased for a monthly installment of $1,006 at 3.74% APR for 72-month and with a down payment of $4,500. The electric crossover can also be leased from the company starting at $839/month for 36-month with a down payment of $4,500. The lease car comes with an annual mileage cap of 10,000 miles. Irrespective of the above two options you choose a $250 additional order fee that needs to be paid which is non-refundable. 

2022 Tesla Model Y Performance

Specs

Price

$67,990

Engine

Dual electric motor

Horsepower

N/A

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver, Deep Blue ($1,000 extra), Solid Black ($1,500 extra), Red ($2,000 extra)

Range

303 miles

0-60 MPH

3.5 sec

The 2022 Model Y Performance gets a dual electric motor setup whose combined power output hasn’t been revealed by the company yet. As per EPA, the Model Y Performance offers a range of 303 miles on a full charge. As for the performance, the EV can do 0-60 MPH in 3.5 seconds and hit a top speed of 155 MPH as per Tesla. While if it is equipped with the $1,000 optional towing hitch then it is rated to tow up to 3,500 pounds.

4. 2022 Tesla Model Y Long Range

For those who don’t want the performance but the practicality of a crossover, Tesla offers the Model Y Long Range. The 2022 Model Y Long Range price starts at $62,900 and it is eligible for the California clean fuel reward. The EV can be purchased at a monthly installment of $959 for 72-month at 3.74% APR. One needs to put a down payment of $4,500 and pay a $250 order fee which is non-refundable. While those looking to lease one, it starts at $766/month for 36-month with $4,500 due at signing and an annual mileage cap of 10,000 miles.

2022 Tesla Model Y Long Range

Specs

Price

$62,990

Engine

Dual electric motor

Horsepower

N/A

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver, Deep Blue ($1,000 extra), Solid Black ($1,500 extra), Red ($2,000 extra)

Range

330 miles

0-60 MPH

4.8 sec

The 2022 Model Y is powered by a dual electric motor and it can go from 0-60 MPH in 4.8 seconds according to Tesla. As per EPA estimates, the 2022 Model Y can go 330 miles on a single charge. It can hit a top speed of 135 MPH and offers a maximum cargo capacity of 76 cubic feet. All Model Y EVs are covered with a basic vehicle warranty of 4 years or 50,000 miles. 

3. 2022 Tesla Model 3 Performance

The 2022 Tesla Model 3 Performance is the third cheapest Tesla car on sale right now. Also, it is the quickest among all the Model 3 versions and its price starts at $62,990. It can be leased from Tesla starting at $779/month for 36-month with a down payment of $4,500. While the same can be purchased at a monthly installment of $928/month at 3.74% APR for 72-month and a down payment of $4,500.

2022 Tesla Model 3 Performance

Specs

Price

$62,990

Engine

Dual electric motor

Horsepower

N/A

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver, Deep Blue ($1,000 extra), Solid Black ($1,500 extra), Red ($2,000 extra)

Range

315 miles

0-60 MPH

3.1 sec

The Model 3 Performance is powered by a dual electric motor setup that allows it to hit 0-60 MPH in 3.1 seconds. The EPA rates it to offer a range of 315 miles on a single charge. Unlike the regular Model 3, the Performance version additionally gets performance brakes, carbon fiber rear spoiler, performance pedals, upgraded suspension, and 20-inch alloy wheels. 

2. 2022 Tesla Model 3 Long Range

The 2022 Tesla Model 3 Long Range is the second cheapest Tesla car on sale right now with a starting price of $55,990. The EV can be leased from Tesla starting at $639/month for 36-month with $4,500 due at signing. The same can also be purchased with a loan from Tesla. The monthly installment comes at $819/month at 3.74% APR for 72-month and a down payment of $4,500.

2022 Tesla Model 3 Long Range

Specs

Price

$55,990

Engine

Dual electric motor

Horsepower

N/A

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver, Deep Blue ($1,000 extra), Solid Black ($1,500 extra), Red ($2,000 extra)

Range

258 miles

0-60 MPH

4.2 sec

The 2022 Model 3 Long Range also gets a dual electric motor setup but it takes 4.2 seconds to go from 0-60 MPH. While it has an EPA-estimated range of 258 miles. Unlike the Model 3 Performance, the Model 3 Long Range gets a choice of 19-inch alloy wheels for $1,500 extra which reduces the range to 334 miles. As standard, it comes with 18-inch alloy wheels. 

1. 2022 Tesla Model 3

The 2022 Tesla Model 3 rear-wheel drive is the cheapest Tesla car on sale right now. Also, it is the only car in the Tesla lineup that comes with rear-wheel drive. The EV can be purchased from Tesla with a monthly payment of $679 at 3.74% APR for 72-month and a down payment of $4,500. It can also be leased from Tesla starting at $49/month for 36-month with $4,500 due at signing. The lease comes with an annual mileage cap of 10,000 miles. 

2022 Tesla Model 3

Specs

Price

$46,990

Engine

Single electric motor

Horsepower

N/A

Torque

N/A

Transmission

1-speed direct drive

Exterior Colors

Pearl White, Midnight Silver, Deep Blue ($1,000 extra), Solid Black ($1,500 extra), Red ($2,000 extra)

Range

272 miles

0-60 MPH

5.8 sec

The 2022 Model 3 is probably the least powerful Tesla car on sale. The reason being the top speed of 140 MPH and taking 5.8 seconds to go from 0-60 MPH as per Tesla. The Model 3 comes standard with 18-inch alloy wheels but offers to upgrade to 19-inch wheels for $1,500. The upgraded wheels although look good reduce the range to 267 miles. As standard, the EPA rates the Model 3 with a range of 272 miles on a single charge. That said, those looking to buy one should check whether the Phantom Braking issue plaguing Model 3 has been resolved or not.


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