Tesla Model Y vs. Model 3 in 2023

Electric VehiclesAugust 22, 2023
Matte dark gray Tesla Model Y back light

Introduction

In the world of electric vehicles, Tesla stands as a premier innovator, particularly spotlighted by the buzz around the Model 3 and Model Y. Built on a shared platform, these cars are similar in many respects, with roughly 75% of their components in common. Nevertheless, they cater to distinct consumer tastes and demands. This article contrasts the Model 3 and Model Y across eight fundamental features, aiming to guide potential buyers in their purchasing journey.

Price

The Tesla Model 3 is more pocket-friendly than its counterpart, the Model Y. As of August 2023, the Rear-Wheel Drive trim of the Model 3 starts at $40,240, while the Long Range Model 3 begins at $47,240. Conversely, the Dual Motor AWD Model Y, which is the most affordable version of the Model Y, starts at $47,740. The dual motor Long Range Model Y starts at $50,490. Prices can fluctuate based on add-ons like the Full Self-Driving suite or luxurious interior enhancements.

The Model Y’s higher cost arises from its SUV design, offering greater space and versatility than the sedan-like Model 3. The manufacturing of larger vehicles, such as the Model Y, typically incurs elevated expenses.

However, many regions offer incentives for electric vehicle purchases, potentially reducing the upfront cost. Following the US Treasury Department’s updated battery guidance, all trims of the 2022-2023 Model 3 EVs qualify for federal tax credits up to $7,500. Similarly, the Model Y, due to its recent classification as an SUV by the IRS, can now qualify for federal EV tax credits up to $7,500. Buyers will need to strike a balance between budget and preferences in their decision-making process.

Performance

Both the Model 3 and Model Y stand out in performance, exhibiting swift acceleration and precise handling. The standard range plus Model 3 dashes from 0 to 60 mph in 5.3 seconds, with its long-range version shaving off a second to 4.2 seconds. The larger Model Y, however, clocks a commendable 4.8 seconds in its long-range version, a slight dip attributed to its heftier build.

While both vehicles are closely matched in top speed, the Model Y and Model 3 max out at 135 mph and 145 mph, respectively. Both benefit from Tesla’s low-center-of-gravity design, enhancing their agility, and are equipped with regenerative braking systems, which augment the driving range and introduce a unique one-pedal driving feel.

Buyers inclined towards a tad swifter acceleration might gravitate to the Model 3, given its lighter design.

Range

Driving range is paramount for electric vehicle enthusiasts. Here, both Teslas outpace many competitors in their segments. The standard Model 3 promises an EPA-estimated 263 miles, with the long-range version stretching to an impressive 353 miles. The bulkier Model Y, despite its size, still commits to a decent EPA-estimated 326 miles in its long-range model.

These figures underline Tesla’s relentless push in battery technology. Still, real-world ranges can fluctuate based on factors like driving habits, weather conditions, and climate system usage.

For long-distance drives, both models can tap into Tesla’s robust Supercharger network for rapid recharges. Those valuing extended driving intervals might favor the Model 3, though the Model Y offers a compelling blend of space and range.

Interior Space & Comfort

The Model 3 and Model Y diverge notably in interior offerings due to their distinctive designs. The sedan-like Model 3 comfortably seats five adults, boasting expansive legroom and a minimalist ambiance accentuated by a singular 15-inch touchscreen. In contrast, the SUV-styled Model Y offers increased head and cargo space, comfortably accommodating five passengers with its spacious design.

Both vehicles display premium materials throughout, anchored around Tesla’s prominent touchscreen which centralizes vehicle controls, entertainment, and more.

Buyers prioritizing spaciousness might lean towards the Model Y, while traditional sedan enthusiasts might resonate more with the Model 3.

Safety Features

Safety remains a cornerstone of Tesla’s ethos. Both models are loaded with advanced safety features and have clinched 5-star ratings from the NHTSA. These cars come with Tesla’s Autopilot suite, encompassing automatic emergency braking and collision warnings. While both possess similar safety credentials, the Model Y’s elevated stature might offer a heightened sense of security for some.

Regardless of the choice, buyers are securing one of the safest vehicles available today.

Cargo Capacity

Differences in design render substantial variations in cargo space. The Model 3 provides a combined 15 cubic feet from its trunk and “frunk,” while the Model Y, with its SUV form, accommodates up to 68 cubic feet with rear seats folded.

For those often hauling sizeable items or embarking on extended vacations, the Model Y’s vast cargo space might be more appealing. In contrast, the Model 3 should suffice for those with moderate storage needs.

Charging Time & Infrastructure Access

Both the Model 3 and Model Y harness the advantages of Tesla’s Supercharger network, one of the most expansive fast-charging networks globally. Under optimal conditions, 15 minutes at a Supercharger can juice up either vehicle for up to 175 miles. Actual charging durations, however, might vary based on battery conditions and the specific Supercharger station.

Home charging offers slower rates: about 3-4 miles of range per hour from a regular outlet and 30-44 miles from a high-power one.

In the realm of charging, both models are virtually neck-and-neck, promising swift and convenient recharges.

Software Updates & Autopilot Capabilities

Tesla’s avant-garde software capabilities shine in both the Model 3 and Model Y. Both are equipped with Tesla’s Autopilot system, and an optional upgrade to the Full Self-Driving (FSD) package introduces enhanced features like automatic parking and traffic sign recognition. Note, though, that despite its name, FSD doesn’t equate to complete autonomy; drivers still need to remain attentive.

A signature Tesla trait is the over-the-air software updates, allowing both the Model 3 and Model Y to continually evolve and refine.

Conclusion

Choosing between the Model 3 and Model Y hinges on personal requirements and budget constraints. Both models showcase remarkable performance, longevity, safety, and advanced software integrations.

The Model 3 appeals with its competitive pricing, brisker acceleration, extended range, and sedan aesthetics, making it ideal for efficiency and performance aficionados. In contrast, the Model Y entices with its voluminous interiors and cargo space, combined with a robust performance, catering to those needing added space without trading off on speed or range.

In essence, whether it’s the Model 3 or Model Y, buyers are securing a testament to Tesla’s dedication to innovation, sustainability, and driving pleasure.

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