Tesla owners are revealing how much money they save on gas by sharing charge costs

The luxury EVs cost less to run than you might think.

  • Tesla owners revealed how much their luxury EV costs to run
  • Their savings might surprise you
  • Others shared tips and tricks to lower costs even further

Published on Mar 22, 2024 at 3:20PM (UTC+4)

Last updated on Mar 22, 2024 at 4:35PM (UTC+4)

Edited by Tom Wood

Tesla owners have revealed how much their luxury EV costs to run and just how much they’re saving.

The prices were unveiled on Reddit (where else), and the cost of a full charge might just surprise you.

“How much does it cost you to fully charge your Tesla? I’m thinking of selling my car each gallon of premium is over $5 here in California,” asked one Redditor named Water-Shark7.

READ MORE! The BYD Han EV is here to challenge Tesla’s dominance

The r/TeslaModel3 subreddit exploded with replies from enthusiastic Tesla owners sharing their costs.

“Charge at home, and I am on a TOU plan with SDG&E so charging at “super off-peak hours” today from 30% to 90% cost me about $5,” said the owner of a 2023 Model 3 Long Range.

“About $6 for 0-100%,’ said another.

Others were keen to divulge their approximate savings.

“I’ve saved $1860 or so this year alone, it’s about $6-9 to fully charge my car from dead to 100,” one reply claimed.

“Depends on the price of electricity. Use 280-300wH per mile, so about 3.3 to 3.5 miles per kWh,” said another.

Some claimed that the time you charge can have a big impact.

“I ordered my 2022 Tesla M3SR right after finished our solar installation. Too bad so much rain this winter,” one reply began.

“April 2023 is the best number so far. With home usage and charge my m3, I still have about $15 credit.

“I drive about 900 miles a month. Charge my car to 100% once every 5-6 days.”

“Depends on the time of day for me. But I have cut my gas bill in half,” said a second.

Others wanted to discourage the OP from switching to a Tesla EV for the savings alone.

“Honestly can’t recommend switching just for the sake of saving money,” they began.

“I have SCE, drive 7k miles per year, and since electric is nearly 40 cents per kWh, I only save like $20/month. And insurance costs a lot more than other cars.

“In the long term you’ll save money due to having fewer repairs, but I switched from a hybrid that got 40mpg, and operating costs have been pretty similar for me.

“If you have a high performance car, and want to have that same amount of performance for cheaper, then yes, it’s absolutely worth it.”

This isn’t the first time that savvy Tesla owners have taken to social media to talk about their reduced outgoings.

One Tesla owner shared a 6-month electric bill – and the massive amount they saved on fuel is pretty astounding.

He claims to have reduced his outgoings on fuel by around $1,800.

Meanwhile, another Tesla owner shared his first Tesla electric bill in a year – and the price left people shocked.

Sharing a screenshot of his invoice email, the balance due was just $2.37.

But, while investing in Tesla is a great idea, a Chinese company has overtaken as the top EV maker.

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