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

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

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

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

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

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

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

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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.

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