Should I Buy A Tesla? What To Consider As You Weigh EV Options

in Dealerships 101
White Tesla in the mountains

Source: Pixabay

With rising fuel prices and people becoming more conscious about their carbon footprint, buying an all-electric vehicle is increasingly becoming an attractive option for many consumers. And when it comes to electric cars, one brand name that will likely spring into your mind is Tesla. Tesla has spearheaded the EV market for over a decade and has undoubtedly popularized the all-electric movement.

Thanks to the combination of cutting-edge tech, clever marketing, and the antics of its eccentric CEO Elon Musk, Tesla became a household name, not just in the EV space but also in the entire automotive industry. If you’re reading this article, you’re likely asking yourself, “Should I buy a Tesla?”

For today’s post, we will outline some of the best reasons why you should buy a Tesla, as well as the best reasons why you should consider other EV options. Let’s dive right in.

5 Reasons to Buy a Tesla

Should I buy a Tesla? Below are some of the best reasons why Tesla remains an attractive option for EV buyers.

1. Fuel and Electricity Savings

One of the most important long-term benefits of buying a Tesla (or any EV, for that matter) is the amount of money you can save, not just on fuel but electricity costs as well. For example, a Tesla Model 3 has a battery-only range between 272 to 358 miles, a segment-leading range significantly higher than EV offerings from Hyundai and Polestar. Therefore, you can save as much as $250 per year in electricity costs than Tesla’s competitors. While these savings may seem like they could be better, they can add up over time.


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2. Supercharger Network

As one of the trailblazers in the game, Tesla has developed the necessary infrastructure for a wide-ranging Supercharger network. As of March 2023, there are 1,676 Supercharger locations in the United States, and more stations are being added as we’re writing this. These strategic Supercharger locations enable your Tesla to gain 200 miles of range in just 15 minutes of charging. This access to a reliable network of Superchargers is a massive advantage for Tesla owners.

3. Price Drops

One of the apparent barriers to entry into Tesla’s EV ecosystem is its higher price point. However, as the EV space becomes more competitive, Tesla has made several price cuts to many of its models. In fact, for this year alone, Tesla has marked down its prices a staggering six times since the start of the year. For example, the Model 3 now has a starting price of $39,990. Due to the price cuts, some Tesla vehicles are now qualified for the EV tax credit. Thus, it just got a lot cheaper to be a Tesla owner.

4. Unmatched Performance

Tesla has positioned itself not just as an EV company but also as a leader in automotive performance. Just try talking to a Tesla owner, and they won’t be able to resist mentioning their car’s impressive power and speed. For example, the 2023 Tesla Model S boasts a ridiculous 0-60 mph acceleration speed in just 2.1 seconds. Those are numbers comparable to multimillion-dollar hypercars.

5. Cutting-Edge Tech

Tesla has been dubbed a “tech company,” and there are several reasons for that. Tesla has been at the forefront of automotive technology, with vehicles packed with cutting-edge tech and safety features. For instance, Tesla has the most advanced self-driving systems in the market today and loads of safety and convenience features such as Sentry Mode, blind-spot monitoring, emergency braking, etc.


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5 Reasons Not to Buy a Tesla

Should I buy a Tesla? The following reasons may make you think twice before spending good money on a Tesla.

1. Questionable Build Quality

If you have been paying attention to automotive news as of late, you’ll have seen numerous reports about the questionable build quality of recent Tesla models. For instance, a YouTuber named Andy Slye has pointed out several quality issues with his new Model Y, including steering wheel squeaks, mismatched paint, window gunks, loose upholstery, and many more. Meanwhile, many auto blogs have also pointed out issues with the entry-level Model 3, including paint issues, touchscreen woes, and panel gaps. These quality control issues shouldn’t exist in a luxury EV.

2. Underwhelming Interior

When Tesla vehicles first came out, they were praised for their minimalistic approach to interior design, making them seem like products of the future. While a massive 15-inch screen at the center of the console is admittedly striking, there’s not much to be said about the rest of the interior. Some may say it’s the peak of minimalism, but to some, Tesla interiors will look sparse or spartan. Some other electric cars from Kia and Hyundai have better-executed interiors.

3. Tons of Recalls

Many aspects of the car-buying experience are subject to negotiation or compromise. However, safety is one aspect that many people would not be willing to compromise. Unfortunately, Tesla now ranks as one of the top two car manufacturers that recalled the most cars since 2022, with over 4 million vehicles across 21 recalls. Although Tesla does provide a warranty, it’s hard to overlook the safety concerns surrounding these recalls.

4. Hype and Overselling

Tesla used to be the foremost innovator in the EV space, but those days are now behind us. Moreover, Tesla CEO Elon Musk frequently builds hype and overselling when discussing the technologies and innovations surrounding his companies, including Tesla. From the “Cybertruck” to crewless expeditions to Mars by 2022, these overpromises by Musk, while entertaining, never came to fruition and hurt the credibility of his companies.


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5. Growing Competition

Gone are the days when Tesla seems to be the only brand in the EV space. Nowadays, many of the top EVs are coming from established automakers like Chevrolet, Kia, Nissan, Hyundai, and Ford – all are out to take a bite of Tesla’s market share by undercutting it with lower-priced electric vehicles. Meanwhile, many luxury brands have been putting out their own all-electric cars and SUVs, such as the BMW iX, Genesis GV60, Cadillac Lyriq, Lucid Air, Rivian R1S, and the Audi Q4 e-tron.



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