2023 Tesla Model Y Electric

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Rating7.8
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$48,490 - $52,490
Starting Price 
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Nathan Dyer 

Senior Editor,

Updated on July 19, 2024

ProsConsWhat's New

Commendable range

No Apple CarPlay or Android Auto integration

Introduction of a cheaper base trim

Spacious for both passengers and cargo

Expensive than rivals

Extensive charging network

Poor fit and finish

Thrilling acceleration

Specs & Features

$48,990

price

425 hp

horsepower

475 lb.-ft.

torque

1-speed Automatic

transmission

electric AWD 1A

engine

-

basic warranty

Overview

For the 2023 model year, Tesla has made some changes to the Model Y trim lineup, adding a cheaper Base trim. The Base trim retains the dual motor setup. However, its range is less at 269–279 miles. The remaining 2023 Tesla Model Y specs remain unchanged, as do the Long Range and Performance trims. With a starting price of $47,490, the Tesla Model Y 2023 price is competitive. 

The Tesla Model Y Performance 0–60 time of 3.5 seconds and the Model Y's range of up to 330 miles (Long Range) make it stand out in the segment. The Base and the Long Range trims have a top speed of 135 mph, while the Performance trim tops out at 155 mph. Rivals such as the Audi e-Tron, Mustang Mach-e, and Jaguar I-Pace are among the top favorites in the market. As per the video by EV News Network, the 2023 Model Y is one of the best-value cars. 

 

2023 Tesla Model Y Electric for sale

With the release of the Tesla Model Y 2023, the mid-level Long Range model is available to us with lease deals starting at $906/month for 36 months alongside a signing due of $6,220 for an annual drive of 10,000 miles. The same model would possibly be financed for as low as 4.74% APR for a term of 60 months with $1,108/month and 10% down payment.

Buying Advice

The 2023 Tesla Model Y Long Range is the one, you should go for. 

Comparative Analysis against Competition

The 2023 Model Y is surely a fine electric drive with impeccable driving dynamics and handling alongside a reinforced chassis. Further, you can enhance your experience with its $6,000 priced Auto-Pilot and $15,000 priced Fully Self-Driving tech-end. Moreover, it costs you $1,025-$2,973 for the maintenance. 

Buying Advice

The 2023 Tesla Model Y Long Range is the one, you should go for. 

Features
7.0/10

2023 Tesla Model Y Long Range specs:

  • Adaptive cruise control
  • Wireless smartphone charger
  • Power tailgate
  • Panoramic sunroof
  • Dual-zone automatic climate control
  • 15-inch touchscreen
  • 14-speaker stereo system
  • Forward collision mitigation
  • Blind-spot monitor

2023 Tesla Model Y Performance specs:

  • Lowered suspension
  • Increased power
  • Performance brakes
  • 21-inch Uberturbine wheels
  • Aluminum alloy pedals

Fuel Economy
9.9/10

The 2023 Tesla Model Y is impressive in its range and battery efficiency.

Interior
6.0/10

The 2023 Model Y interior has power adjustable front seats which can further be upgraded with an optional third row of seats costing $3,000. It even flaunts its simulated leather upholstery on its heated front and rear seats. While the dual-zone automatic climate control maintains the ambiance threshold. 

Model

2023 Tesla Model Y

2023 Audi E-Tron

2023 Jaguar I-Pace

2023 Ford Mustang Mach E California 1

Passenger Capacity

5

5

5

5

First Row (Head/shoulder/legroom)

41/56.4/41.8

38.1/58.6/40.8

39.9/57.6/40.9

40.5/57.6/41.7

Second Row (Head/shoulder/legroom)

39.4/54/40.5

38.6/57.3/39.1

38.1/54.6/35

39.3/55.9/38.1

The Model Y interior 2023 also has a wireless charger, a 14-speaker sound system, a 15.4-inch touchscreen, and an online streaming service. All of these just ease up your engagement inside the cabin. However, the  Apple CarPlay and Android Auto are still missing. 

Exterior
6.0/10

The Tesla Model Y 2023 features a panoramic sunroof on top along with Signature Tesla LED headlights. Those 21-inch wheels further enhance the exterior feel while the $1,000 priced optional tow-hitch offers the practicality just like the power and heated side mirrors.

2023 Tesla Model Y Colors:

  • Deep Blue Metallic
  • Solid Black 
  • Multi-Coat Red
  • Midnight Silver metallic
  • Pearl White Metallic


 

Safety
9.0/10

The Model Y comes with Tesla's highly sophisticated Autopilot semi-autonomous driving system as standard equipment. Optional additional sophisticated capabilities include a self-parking feature and a summon feature. Though the 2023 Tesla Model Y hasn’t been crash tested yet, the outgoing model performed extremely well and received a 5-star rating as well as the “Top Safety Pick +” from NHTSA and IIHS.

Some of the standout safety features available with the 2023 Tesla Model Y are

  • Adaptive cruise control
  • Lane keep assist
  • Lane departure warning
  • Auto lane change
  • Frontal crash warning
  • Automatic response to traffic lights

Competition
9.0/10

2023 Tesla Model Y vs 2023 Audi E-tron

One of the plushest and most comfy electric cars available is the e-Tron. It offers a high-end and spaciousy interior. Advantages of purchasing a Model Y include increased maximum range, better acceleration, and access to Tesla's Supercharger network. So, overall it has to be 

2023 Tesla Model Y vs 2023 Ford Mustang Mach-E

The Model Y is simply better when it comes to performance and range. While both Mustang Mach-E and Model Y have similar handling dynaics to a large extent and so do the interior technology. However, the auto-pilot in Tesla further give a better stance over Mach E. 

2023 Tesla Model Y vs 2023 Jaguar I-Pace

Jaguar I-Pace is one of the best in business but it surely behind the likes of the Tesla Model Y in the acceleration and range reach. Though interior finish and convenience are not that different for you in either of the cars just like driving ease. So, overall one should prefer the Model Y for now. 

Final Verdict

The Model Y outperforms all EVs in its category with its versatility, range, and availability of Tesla's Supercharger network.

Trims

    Long Range
    $48,490 onwards
    • Engine: electric AWD 1A
    • Horsepower: 425 hp hp
    • Torque: 475 lb.-ft.
    • 0-60 mph: 4.44 sec
    • Top Speed: TBD mph
    • Fuel Economy Combined: 122 mpg
    Base
    $49,990 onwards
    • Engine: electric AWD 1A
    • Horsepower: 425 hp hp
    • Torque: 475 lb.-ft.
    • 0-60 mph: 3.5 sec
    • Top Speed: 155 mph
    • Fuel Economy Combined: 122 mpg
    Performance
    $52,490 onwards
    • Engine: electric AWD 1A
    • Horsepower: 455 hp hp
    • Torque: 487 lb.-ft.
    • 0-60 mph: 4.22 sec
    • Top Speed: TBD mph
    • Fuel Economy Combined: 122 mpg

Compare to similar cars

Price

$48,490- $58,990

Engine

electric

Rating

7.82

Horsepower

455 hp

Torque

487 lb.-ft.

Capacity

7

Read Review

$38,995- $55,495

electric

6.6

201 hp

229 lb.-ft.

5

Read Review

$43,190- $60,190

electric

7.94

214 hp

221 lb.-ft.

5

Read Review

2023 Tesla Model Y Electric vs competitor's 0-60

    Car Name
    0-60 MPH
    Quarter Mile
    Top Speed
    SourceCompare
    3.5 sec11.9 sec155 mph
    5.6 sec--
    7.2 sec--
    7.6 sec--

    2023 Tesla Model Y Electric vs competitor's MPG

      Car Name
      MPG City
      MPG Highway
      MPG Combined
      SourceCompare
      127 mpg117 mpg122 mpg
      127 mpg101 mpg114 mpg -
      109 mpg94 mpg101 mpg -
      107 mpg91 mpg99 mpg

      2023 Tesla Model Y Electric vs competitor's dimensions

        Car Name
        Length
        Width
        Height
        Ground Clearance
        Wheelbase
        SourceCompare
        187 in.83.8 in.64 in.6.6 in.113.8 in. -
        184.3 in.74 in.60.8 in.6.1 in.114.2 in. -

        2023 Hyundai Nexo Fuel Cell Electric

        Ranked #3

        183.9 in.73.2 in.64.2 in.6.4 in.109.8 in. -
        182.9 in.74.8 in.65.4 in.6.3 in.109.3 in. -

        2023 Hyundai Ioniq 5 Electric

        Ranked #5

        182.5 in.74.4 in.63 in.6.1 in.118.1 in. -
        180.5 in.72.9 in.64.5 in.6 in.108.9 in.

        2023 Tesla Model Y Electric vs competitor's trunk space

          Car Name
          Trunk Capacity
          Passenger Volume
          Max Trunk Volume
          SourceCompare
          34.3 cu.ft.-76.2 cu.ft.
          30.3 cu.ft.-64.2 cu.ft.
          22.8 cu.ft.101.2 cu.ft.59.7 cu.ft.
          24.4 cu.ft.103 cu.ft.50.2 cu.ft. -

          2023 Tesla Model Y Electric vs competitor's cargo space

            Car Name
            Cargo Volume
            Cargo Volume w/ Seat Area
            Max Cargo Volume
            SourceCompare
            76.2 cu.ft.34.3 cu.ft.76.2 cu.ft.
            50.2 cu.ft.24.4 cu.ft.50.2 cu.ft. -
            59.7 cu.ft.22.8 cu.ft.59.7 cu.ft.
            64.2 cu.ft.30.3 cu.ft.64.2 cu.ft.

            2023 Tesla Model Y Electric vs competitor's towing capacity

              Car Name
              Towing Capacity
              Payload Capacity
              Weight
              SourceCompare
              3500 lbs.1157 lbs.4363 lbs.
              -990 lbs.4323 lbs. -
              -959 lbs.4317 lbs. -
              -1020 lbs.3984 lbs. -

              Top Tesla Cars

              2023 Tesla Model S Electric

              Horsepower : 670 hp

              MPG Combined : 122 mpg

              0-60 : 3.16 sec

              #1

              2023 Tesla Model X Electric

              Horsepower : 670 hp

              MPG Combined : 102 mpg

              0-60 : 3.8 sec

              #2

              2023 Tesla Model Y Electric

              Horsepower : 425 hp

              MPG Combined : 122 mpg

              0-60 : 3.5 sec

              #3

              2023 Tesla Model 3 Electric

              Horsepower : 258 hp

              MPG Combined : 132 mpg

              0-60 : 5.5 sec

              #4

              Frequently Asked Questions

              What's new with the 2023 Tesla Model Y?
              The 2023 Tesla Model Y is expected to remain majorly unchanged. However, some software and battery changes are expected for enhanced autonomous driving experience and enhanced range respectively.
              What could be the pricing of the 2023 Tesla Model Y
              The 2023 Tesla Model Y pricing is expected to start at an MSRP of $61,000 and go up to $65,000
              What will be the range of the 2023 Tesla Model Y?
              The range of 2023 Model Y could be more than the 2022 model year owing to newer battery chemistry and software
              Is a cheaper version of the 2023 Tesla Model Y?
              Yes, if rumors are to be believed than Tesla is working on a cheaper Tesla Model Y with RWD.