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Is Tesla Cheaper Than Fuel?

Written by Reananda Hidayat Permono Completed Master of Science - MS, Petroleum Geology from Curtin University, Perth, Australia.

The electric vehicle market in the world is changing fast, and Elon Musk’s Tesla is one of the automakers leading the way.

The company has been focused on expanding the business by offering more affordable options, like Tesla’s Model 3.

Due to the high production costs, traditional car companies have hesitated to join the electric vehicle business.

But some automakers like Ford, Toyota, and General Motors have plans to launch electric cars to compete with Tesla.

Here is some information about Tesla for you.

Is Tesla a luxury or premium? Tesla has become one of the top luxury brands in the US automotive market.

Is Tesla cheaper than fuel? Generally, the cost of charging a Tesla car is 3.6 times cheaper than fueling a gas-powered car.

Is Tesla cheap to own? Unfortunately, Tesla is not cheap. Its most basic model, the Tesla Model 3, costs around $46,990.

Meanwhile, a new Toyota Camry has a price tag of $26,000.

How fast does a Tesla charge? The Tesla Supercharger allows you to charge your electric car up to 200 miles in 15 minutes.

What happens if a Tesla runs out of battery? Your car will slow down, but it will not completely stop since the battery has some reserve that can power it for a few extra miles.