This is the actual cost of owning a Tesla Model 3.

The cost of a Tesla Model 3 is significantly higher than that of comparable vehicles.

Tesla owners may anticipate paying extra for insurance, taxes, and registration costs in addition to the high original purchase.

You can wind up paying an extra $3,000 or more in taxes, depending on where you live.

Electricity costs are expected to be significantly greater than those for a gas-powered car even after the first purchase.

In spite of this, owners of Tesla's Model 3 profit from the sizeable federal tax credits offered for electric cars

as well as the long-term cost savings associated with owning an electric car over time.

In the end, it truly boils down to your willingness to invest in a car with greater initial expenditures but potential for reduced ongoing costs.