Ride the Lightning: Tesla Motors Unofficial Podcast cover image

Ride the Lightning: Tesla Motors Unofficial Podcast

Episode 472: Consumer Reports Hails Tesla’s Low Total Cost of Ownership

Aug 18, 2024
Consumer Reports reveals that owning a Tesla can be surprisingly affordable over a decade. Exciting updates about the Cybertruck include a new cooler accessory and ongoing construction at a unique supercharger diner in Hollywood. The podcast highlights Tesla's cost advantages compared to traditional brands, emphasizing low maintenance costs. Listener feedback plays a big role, with discussions around improving the user interface and sharing test drive experiences of the new Model 3 Performance. Engage with the community for tips and insights!
01:28:03

Podcast summary created with Snipd AI

Quick takeaways

  • Consumer Reports data reveals that Tesla owners average an impressively low total ownership cost of $4,035 over a decade.
  • The Cybertruck's anticipated range extender has faced delays and mixed interest, highlighting concerns about its cost and impact on functionality.

Deep dives

Cost-Effective Ownership of Teslas

Recent data from Consumer Reports reveals that owning a Tesla is remarkably affordable over a decade, costing around $4,035 on average. This figure includes only $580 in the first five years and a significant $3,455 during the latter five years. When compared to other brands, Tesla stands out as the most cost-effective, with Buick and Toyota following but at much higher costs of approximately $4,900. Notably, the steep difference in maintenance costs highlights Tesla's advantage in vehicle reliability and longevity.

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