2024 Tesla Model 3: EPA Range, Price & Specifications
— IIHS, NHTSA, EPA, AAA, RepairPal
The 2024 Tesla Model 3 scores well for fuel cost among mid-range Sedans. NHTSA has 4 recall campaigns on file, more than the 1 average for Sedans.
- Starting MSRP
- $38,990 - $54,990
- EPA Electric Range
- 363 mi range
- Est. Annual Fuel Cost
- $550 - $600 per year
- EPA GHG Score
- 10 / 10 (Low Emissions)
- Recalls on File
- 4 recalls on file
- EPA: vs Avg Vehicle
- Save $8,000 over 5 yrs
- Owner Complaints
- 186 on file
- Est. Monthly Cost (with fuel)
- $1,187 per month
- Est. Cost per Mile (with fuel)
- $0.95
- Brand Origin
- United States
The 2024 Tesla Model 3 is a fully electric Sedan offering up to 363 miles of EPA-rated range, starting at $38,990.
- Fuel cost $1,538 per year below mid-range Sedans average
- Eligible for federal EV tax credit
- 4 recalls on file (above Sedan average of 1)
2024 Tesla Model 3 at a Glance
Published crash-test coverage is incomplete for the 2024 Tesla Model 3. Within the currently available data, the clearest positive signals are lower estimated fuel cost and EPA estimates you will save on fuel compared to the average new vehicle, with lower estimated maintenance costs, but there is a high volume of owner-reported problems on file.
- fuel cost
- fuel savings
- maintenance cost
Strengths in the data
- Fuel: Top 20% cheapest to fuel among electric Sedans. Best-case annual fuel cost is $550. Cheapest Sedans to fuel 2024 →
- EPA estimates this vehicle saves you about $8,000 over five years in fuel compared to the average new vehicle.
- AAA estimates $1,358 per year in maintenance for the Medium Sedan (Electric) class.
Cautions in the data
- Crash-test coverage is incomplete: NHTSA data is not available for this model yet.
- NHTSA has 186 owner complaints on file, compared to an average of 27 for 2024 Sedans. Top reported areas include ADAS / Safety Tech, Electrical, Steering.
- There are 4 recalls on file, above the current sedans average. Zero-recall cars 2024 →
Similar vehicles to compare
A strong NHTSA score is a good starting point. IIHS testing adds scenarios NHTSA does not cover, including the small-overlap crash that accounts for a significant share of real-world fatalities.
How Did the 2024 Tesla Model 3 Perform in IIHS Crash Tests?
IIHS tested the 2024 Tesla Model 3 across multiple crash configurations. It did not earn an overall Top Safety Pick, but some individual test ratings may still be strong. See the breakdown below. Source: IIHS.
| Test | Rating |
|---|---|
| Moderate Overlap Front | A Acceptable |
| Side | G Good |
| Headlights | A Acceptable |
| Front Crash Prevention (Vehicle) | G Good |
| Front Crash Prevention (Pedestrian) | G Good |
| Seat Belt Reminders | M Marginal |
| Child Seat Anchors (LATCH) | A Acceptable |
IIHS vehicle class: Midsize luxury cars
NHTSA and IIHS evaluate the design. Recalls evaluate the execution. A look at both tells you whether the 2024 Tesla Model 3 performs as intended under real-world conditions.
Does the 2024 Tesla Model 3 Have Any Recalls?
NHTSA has 4 recall campaigns on file for the 2024 Tesla Model 3, affecting AIR BAGS:SIDE/WINDOW:THORAX, BACK OVER PREVENTION:SOFTWARE, ELECTRICAL SYSTEM, ELECTRICAL SYSTEM:SOFTWARE, LATCHES/LOCKS/LINKAGES:HOOD:LATCH, TIRES:PRESSURE MONITORING AND REGULATING SYSTEMS. This is more than the 1 average for Sedans. A higher recall count does not necessarily indicate a less safe vehicle. It may reflect a manufacturer's responsiveness to potential issues. Repairs are free at authorized dealers. Source: NHTSA.
4 recall campaigns on file with NHTSA.
Components: AIR BAGS:SIDE/WINDOW:THORAX, BACK OVER PREVENTION:SOFTWARE, ELECTRICAL SYSTEM, ELECTRICAL SYSTEM:SOFTWARE, LATCHES/LOCKS/LINKAGES:HOOD:LATCH, TIRES:PRESSURE MONITORING AND REGULATING SYSTEMS
Most recent: January 2025
Units affected: 9,052,362
What Do 2024 Tesla Model 3 Owners Report to NHTSA?
NHTSA has 186 owner complaints on file for the 2024 Tesla Model 3. This is well above the average of 27 complaints for 2024 Sedans. Owner complaints are self-reported and unverified, but patterns across many reports can indicate real issues.
5 in the last 90 days · 57 in the last 12 months · most recent filed 2026-03-25
Safety-relevant complaints: At least one complaint includes crash reported, injury reported. Review individual reports on NHTSA.gov for details.
Most-reported problem areas
- ADAS / Safety Tech52
- Electrical39
- Steering34
- Visibility30
- Speed Control19
Source: NHTSA Vehicle Complaints Database. Data last refreshed 2026-04-16.
Without a gas tank, the cost equation changes. The 2024 Tesla Model 3's energy cost depends on electricity rates and how often you charge at home versus on the road.
What Is the 2024 Tesla Model 3 Fuel Economy?
The 2024 Tesla Model 3 offers up to 363 miles of EPA-rated range with an estimated annual energy cost of $550. Electric vehicles typically cost significantly less to fuel than gasoline equivalents. EPA range estimates are based on standardized testing. Real-world range varies with driving conditions, temperature, and speed. Source: EPA (fueleconomy.gov).
Ranges from 130 to 137 combined MPGe depending on trim and drivetrain.
| Trim | Combined | City | Highway | Annual Fuel Cost | EV Range |
|---|---|---|---|---|---|
| Base RWD EV | 137 MPGe | 145 | 128 | $550 per year | 363 mi |
| Long Range RWD EV | 137 MPGe | 145 | 128 | $550 per year | 363 mi |
| Long Range AWD EV | 130 MPGe | 137 | 124 | $600 per year | 342 mi |
| Performance AWD EV | 130 MPGe | 137 | 124 | $600 per year | 342 mi |
Estimated 5-year fuel costs range from $2,750 to $3,000 depending on trim.
All trims earned EPA SmartWay certification for lower emissions and fuel cost. EPA smog rating: 10 out of 10.
Without gas or oil changes, the EV ownership equation looks different. The biggest costs shift to insurance, tire replacement, and depreciation. AAA estimates what those add up to.
What Does the 2024 Tesla Model 3 Cost to Own?
Estimated 5-year total ownership cost for the 2024 Tesla Model 3 ranges from $94,355 to $110,355 depending on trim, based on AAA's Your Driving Costs study for the Medium Sedan (Electric) class. This includes insurance, maintenance, depreciation, registration, and financing. These are class averages, not specific to this model. Source: AAA.
| Maintenance | $1,358 per year |
|---|---|
| Insurance | $2,027 per year |
| Depreciation | $7,088 per year |
| Registration & Taxes | $1,064 per year |
| Financing | $1,427 per year |
| Total (excluding fuel) | $13,693 per year |
EV trims often differ in battery size, range, and charging speed rather than engine options. The table below compares range, price, and estimated costs across all 4 configurations.
How Do the 2024 Tesla Model 3 Trims Compare?
4 trims are available for the 2024 Tesla Model 3, spanning $38,990 to $54,990. All trims use an Electric powertrain. Compare specifications and estimated costs in the table below. Prices are MSRP before destination and fees.
Base RWD EV
| Base MSRP | $38,990 |
|---|---|
| Combined MPG | 137 MPGe |
| EV Range (mi) | 363 mi |
| Est. Annual Fuel Cost | $550 per year |
| Drive Type | Rear-Wheel Drive |
| Est. 5-Year Cost | $94,355 |
| Federal Tax Credit | $7,500 |
Long Range RWD EV
| Base MSRP | $42,490 |
|---|---|
| Combined MPG | 137 MPGe |
| EV Range (mi) | 363 mi |
| Est. Annual Fuel Cost | $550 per year |
| Drive Type | Rear-Wheel Drive |
| Est. 5-Year Cost | $97,855 |
| Federal Tax Credit | $7,500 |
Long Range AWD EV
| Base MSRP | $47,490 |
|---|---|
| Combined MPG | 130 MPGe |
| EV Range (mi) | 342 mi |
| Est. Annual Fuel Cost | $600 per year |
| Drive Type | All-Wheel Drive |
| Est. 5-Year Cost | $102,855 |
| Federal Tax Credit | $7,500 |
Performance AWD EV
| Base MSRP | $54,990 |
|---|---|
| Combined MPG | 130 MPGe |
| EV Range (mi) | 342 mi |
| Est. Annual Fuel Cost | $600 per year |
| Drive Type | All-Wheel Drive |
| Horsepower | 510 hp |
| Est. 5-Year Cost | $110,355 |
| Federal Tax Credit | $7,500 |
View full trim timeline (2024–2026)
| Trim | 2024 | 2025 | 2026 |
|---|---|---|---|
| Long Range RWD EV | $42,490 137 MPGe | $42,490 137 MPGe | — |
| Long Range AWD EV | $47,490 130 MPGe | $47,490 128 MPGe | — |
| Performance AWD EV | $54,990 130 MPGe | $54,990 128 MPGe | $54,990 114 MPGe |
Compare Trim Costs
Select two trims and adjust your driving and financing to see how monthly costs compare. Only costs we can compute from EPA data and your inputs are shown. No estimates, no guesses.
Your driving & financing
Price and fuel economy are knowable before purchase. Reliability is the variable that matters most after. The RepairPal score below gives you a data point on what to expect.
How Reliable Is the 2024 Tesla Model 3?
RepairPal rates the 2024 Tesla Model 3 at 3.0 out of 5.0 for reliability, which is about average for mid-range Sedans. RepairPal ratings reflect repair frequency and cost data from a network of certified repair shops. Source: RepairPal.
A warranty does not make a vehicle more reliable, but it does limit your financial exposure if something fails. Here is what Tesla includes.
What Warranty Does the 2024 Tesla Model 3 Come With?
Tesla provides the following warranty coverage for the 2024 Model 3. Coverage periods start from the original purchase date and vary by component. Source: manufacturer-published warranty terms.
| Basic Warranty | 4yr/50k |
|---|---|
| Powertrain Warranty | 8yr/120k |
| Corrosion Warranty | 12yr/unlimited |
| Roadside Assistance | 4yr/50k |
What Are the 2024 Tesla Model 3 Specs?
Core specifications for the 2024 Tesla Model 3 as reported by the manufacturer. Figures may vary by trim, option packages, and production date. Source: manufacturer data.
EPA vehicle class: Mid-size car
| Horsepower | 510 hp |
|---|---|
| Power-to-Weight | 251.6 hp per ton |
| Price per HP | $108 |
| Transmission | 1-speed direct drive |
| Drive Type | Rear-Wheel Drive, All-Wheel Drive |
| Fuel Type | electric |
| Length | 185.8 - 185.9 in |
|---|---|
| Width | 72.8 in |
| Height | 56.3 - 56.7 in |
| Wheelbase | 113.2 in |
| Curb Weight | 3,891 - 4,054 lbs |
That is the complete data picture for the 2024 Tesla Model 3. For an EV buyer, the range, energy cost, and depreciation data above are the key factors. Data is refreshed periodically.
Data coverage & source links
The following data categories are not yet available for the 2024 Tesla Model 3: NHTSA has not yet published crash test results for this vehicle. Learn how we collect, verify, and present vehicle data.
Verify this data
2024 Tesla Model 3 FAQ
Which 2024 Tesla Model 3 trim has the lowest ownership cost?
Among 4 available trims, the Base RWD EV has the lowest estimated five-year ownership cost at $94,355, starting at $38,990 MSRP. The most expensive trim to own is about $110,355. See the full trim comparison table above for a side-by-side breakdown.
What vehicles compete with the 2024 Tesla Model 3?
Vehicles similar to the 2024 Tesla Model 3 in price and segment include 2024 Lexus IS, 2024 Toyota Crown, and 2024 Hyundai IONIQ 6. The Lexus IS is the closest in price (starting at $40,085, 5-star NHTSA, 22-25 MPG). Each has its own fact sheet with EPA, NHTSA, IIHS, and cost data for comparison. Browse all 2024 Sedans.
How much does a 2024 Tesla Model 3 cost per month to own?
Excluding your car payment, estimated monthly costs for the 2024 Tesla Model 3 include about $1,141 for insurance, maintenance, depreciation, and fees, plus roughly $46 for fuel. That puts non-payment running costs around $1,187 per month. These are estimates based on AAA class averages and EPA fuel data. Actual costs depend on your driving, location, and coverage.
Is the 2024 Tesla Model 3 electric?
Yes, the 2024 Tesla Model 3 is a fully electric vehicle. It offers 363 mi range. Electric vehicles have no direct fuel costs but do use electricity. See our All electric vehicles 2024 list.
Where is Tesla based?
Tesla is headquartered in United States. Brand origin reflects where the company is based, not where individual vehicles are assembled. Many Tesla vehicles sold in the U.S. are built at domestic or international plants.
What other Tesla models are available for 2024?
Each 2024 Tesla vehicle has its own fact sheet. Data coverage varies by model. See the complete Tesla lineup on our Tesla models page.
What is the real-world charging cost for the 2024 Tesla Model 3?
EPA estimates the 2024 Tesla Model 3's annual energy cost based on national average electricity rates. Actual cost depends on your local utility rate and whether you charge at home or at public stations. See the fuel economy section above for the EPA estimate.
Compare to Similar Vehicles
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Data on this page is compiled from government agencies and independent research organizations. It is provided for informational purposes only and does not constitute financial, purchasing, or safety advice. Verify all data with the original source before making decisions.