Tesla vs Gas: TRUE Charging Cost After 75,000 Miles

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Published 2021-04-14
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Tesla Model 3 total charging cost after 75,000 miles & 3 years

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0:00 Gas vs Charging
1:59 Home Charging
3:26 Total Electricity Used
4:48 Sponsor (Omaze)
6:05 Travel Charging
8:27 Total Charging Cost
9:40 Conclusion

According to Autolist, 2 of the top 4 reasons people don’t buy electric vehicles have to do with charging the car so I'll explain what my experience has been like to charge my fully electric Tesla Model 3 for the past 3 years + my total charging cost after 75,000 miles and compare it to gas costs. With my Tesla it’s great because it automatically charges overnight when electricity is at its cheapest (known as “off peak” electricity rate) and when I wake up, my car has enough battery charge to satisfy my daily driving needs. If you drive 50 miles or less during your daily driving you can probably get by with charging on a normal outlet, which on my Long Range Model 3 would regain about 5 miles of range per hour of charge. However, I drive over 400 miles a week so I needed a 240v NEMA 1450 outlet installed in my garage in order to charge my Tesla Model 3 at a rate of 30 miles per hour which can essentially charge the car from 0-100% in 10 hours. Unfortunately my breaker box is about the furthest it can possibly be from my garage so I had to hire an electrician to run cable alongside my house, under my yard, and into my garage which cost me $1300 right off the bat before I even got my car but I got a 30% tax credit which made my out of pocket cost $900. Some is lost along the way due to heat and other factors so the final amount of electricity that makes it into the battery is called “wall to wheels” efficiency and based on TeslaFi (an app used to track Tesla charging stats for owners) it says a 240-volt Tesla Wall Connector can average 94% efficiency. If we assume 94% wall to wheels efficiency we also have to consider phantom drain which is the electricity lost when an electric vehicle is parked while not plugged in to a charging outlet so for example every day for 8 hours my car is in a parking lot unplugged and it loses some charge over that period. I average about 2,000 miles per year for traveling on road trips which means 8% of my total miles are when traveling and 92% is from home charging. For home charging, my off-peak electricity rate is $0.07080 per kWh. 92% of the 20,728 kWh has been home charging which means I’ve spent about $1,350 on home charging so far + $54 on Supercharging so after 75,368 miles I’ve spent a total of $1,404 on charging. To that in perspective, if we consider a popular Tesla competitor from the same year, a 2018 BMW 3 series that averages 28 miles per gallon & also requires premium gasoline (which costs an average of $3.475 a gallon in my county) to drive that BMW the same amount of miles the fuel cost would be about $9,353. That's $8,000 in fuel savings after 3 years. I plan to keep my Tesla Model 3 for at least 10 years so if I keep this up, after another 7 years the savings could be close to $25,000 which could pay for a solar roof and allow me to charge for free for the rest of time. That's another advantage of an electric vehicle: it can be charged from 100% renewable energy.

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All Comments (21)
  • Andy Slye
    Sponsored: For your chance to win a custom Tesla Model S & support a great cause, enter at omaze.com/slye
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    ▶ 10% off Tesla Floor Mats: geni.us/uQBj (Use code: ANDYSLYE)
    ▶ Model 3/Y Screen Protector: geni.us/Akha
    ▶ Wireless Charging Pad/Hub: geni.us/Jeda
    ▶ Console Wrap: geni.us/x2AA788 (Use code: ANDYSLYE15)
    ▶ Magnetic Phone Mount: geni.us/xaowi

    Tesla Cleaning Tools (Amazon)
    ▶ Waterless Wash/Wax: geni.us/yLqP7w
    ▶ Interior Cleaner: geni.us/uBxyl
    ▶ Dash Protectant Spray: geni.us/XPp9G
    ▶ Pressure Washer: geni.us/ZPDtW

    Useful Tesla Accessories:
    ▶ Spare Tire (Amazon) geni.us/BJKK
    ▶ Replacement Tires: geni.us/33Txdp
    ▶ Frunk Luggage Set: geni.us/vwVM
    ▶ Stats App: geni.us/Stats
    ▶ Geeky Tesla shirts & prints: geni.us/SFSF

    🎥 My YouTube Camera Gear: geni.us/YTgear

    Camera Gear I Use (Amazon)
    ▶ Main Camera: geni.us/GH5body
    ▶ Main Lens: geni.us/Lumix1235
    ▶ 4K Drone: geni.us/DJIM2
    ▶ Gimbal: geni.us/sJc7Bb
    ▶ Tripod: geni.us/BJSxkx
    ▶ Monopod: geni.us/mqNjTT
    ▶ Action Cam: geni.us/Hero9
    ▶ Camera Mount for Tesla: geni.us/60zs
    ▶ Microphone: geni.us/mics

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  • virant21
    Omg I started laughing so hard when he said that you could get a 240v charging station installed at your home for 100 dollars or less , you can't get a electrician to even show up to your house for 100 dollars
  • Garth Rotor
    Hey Andy. Interesting analysis but could you run it again using regular gasoline instead of premium and assume that anyone else won't get the free supercharging that you receive. Also include a realistic average cost for a home charging station into the cost differential (much more than $100.00 on average but perhaps less than $1400.00). Also, could you run sensitivity analysis with higher off peak power rates, yours may be lower than average. I'm wondering if in future I may want an electric vehicle for daily driving but still want an Internal Combustion Engine for longer trips where robust heating with a design spec for minus 20 degrees celcius (gets colder 15 to 20 nights a year where I live), and robust cooling with a design spec for 35 degrees celcius, and 95% humidity (gets hotter on occasion). I regularly drive 7 hours one way at highway speed halfway across the Province to visit my elderly parents. For long trips, I need robust heating and cooling for our winters and summers. Thanks for sharing your info but I think your assumptions are a bit too favourable towards the EV but I'm interested in a more neutral analysis which would apply to the average situation.
  • Mike Wensel
    Love how he says charging at hotels and other people's homes is free. Here's an idea though. I'll buy one and have my friend buy one. We'll charge overnight at each other's houses so it will be free for both of us! Damn, I knew it could work, just wasn't thinking about it right. Thanks for making me see the light.
  • Keith Haycraft
    Is resale value on an EV something to be considered when it has reached a large number of miles on the odometer? Especially considering the cost of replacing the batteries?
  • Mr. Black
    You are correct that location has a lot to do with overall cost and efficiency. I'm not sure how you found an electrician to complete you charging station install so cheaply but good for you. A good friend of mine bought a new Tesla last year and built a new house shortly after. The additional cost for the builder to install a 240V charging port in his new construction house was nearly $5k. Climate also has a great deal to do with battery discharge and efficiency. The availability of charging stations is also a factor when you travel. If everyone drove an electric car, the strain on the nation's electrical grid would be unstainable without significant upgrades. Places like California can barely provide power for basic electrical needs much less 10 million cars hooked to the grid every day to recharge. There is also the environmental cost of producing the batteries and mining the materials necessary to make them. Add to that the disposal of toxic batteries...every ten years or so and it's a scenario much worse than gas powered cars. The cost of electric cars also puts them out of the grasp of most people. I when I bought my last new car in 2021, I looked for a hybrid version of the same model. They were unavailable within 100 miles of where I live and also cost @$15k more to buy. Electric vehicles may be the future of transportation, but infrastructure, durability, manufacturing and disposal are all issues that need significant development to make that a viable reality. The "let them eat cake" attitude of elites who demand everyone simply convert is irritating and fully exposes their mindset as completely disconnected from the everyday reality of the vast majority of Americans.
  • rj Van loon
    Let me point you to Germany, where some towns did away with all their diesel-powered busses for publiuc transport. Such a bus does about 190 miles on a full tank. They were replaced with electric busses. After a year they moved all the electric busses to a storage facililty and bought diesel-powered ones again. The reason is that on a full charge they only did about half that distance. That is, if the weather was good. But in winter they did maybe 1/3rd and it's not really feasible to have them sitting on a charger during the day for hours at a time. Also, the hilly regions brought down their range even more.
    On top of that, intensive use means a lot more maintenance.
    Your tesla looks nice, but you do a very limited amount of miles a week. Oh, and after 10 years with your tesla you may be looking at having to replace your battery, whcih basically will be as much as buying a new car.
  • Does this mean that if millions of people start charging their cars at night, it will eventually become a new peak period?
  • iV4PTab
    When everybody gets an electric car, I like to see him do another video on how much it cost....then. Electricity still comes primarily from traditional fuels, something he conveniently left out.
  • __ Documents
    The cost for the Tesla model 3 right now is closer to 50-60K, including taxes, shipping, charger, tag title etc. Very difficult to justify that up front money now that rebate amounts are shrinking.
    You can get a nice 50-55 mpg hybrid for 30k. That's a whopping difference in up front costs that can take many years to recoop! Assuming you keep your EV for at least 5 years.

    Also the idea that EV cars are better on the environment is a farce.
    The mining, processing, and disposal of spent rare earth metals and the carbon emissions that come from the fossil fuel driven heavy industrial equipment used to mine them and bury spent materials is often left out of the conversation. And what about the environmental impact from the ocean going ships and on land trucking used to transport these materials?

    The recycling of these EV batteries is just too costly at this point and it is cheaper to send the dead batteries and/or the remaining useless materials, even after recycling, to countries with little or no environmental standards where they are burned or buried. And that is exactly what is being done. Not very good for your health if you are a person who lives in, say, Thailand or China.

    This also makes the US more reliant on China for a very very important part of everyday American life...the freedom to travel.
    China who is the largest supplier of these rare earth metals have over 80% global market domination in this industry.
    America has all but given up on the mining of rare earth metals and minerals precisely because of the fact that it poisons our environment and ground water. Many rare earth elements reside among mineral deposits with radioactive materials that can and do leach into the water table. NOT GOOD!

    And don't get me started on the power generation increase that accompanies the surge (no pun intended) in EV charging. More coal/natural gas burning anyone?
    Ask anyone in California about the pitfalls of too much reliance on power station output. Rolling blackouts are becoming more and more of a problem because of electrical energy demand.

    My conclusion...
    Buying a hybrid with a much smaller battery footprint than an EV is just as smart and environmentally safe as buying an EV but it's a lot cheaper. And...Gas prices will most certainly come back down when we get a decent president again.

    I suppose that the answer is complex but the installation of solar power grids to supplement power generation is the best approach at this point. But don't forget that solar panels do not last for ever and they have toxic components that have to be disposed of as well.
  • Patrick Walker
    I like how they always avoid talking about the "carbon footprint" of "green energy". Do you think it has anything to do with the fact that it's not environmentally friendly?
  • Geo Rome
    As an over the road truck driver there are often times when we are stuck in traffic for many hours due to an accident or road closures due to bad weather. I couldn't imagine what the hiway authorities would do in the event that there were hundreds of vehicles stranded on the highway in the middle of nowhere and no way to charge the vehicles on such a grand scale...let us ponder 🤔
  • J Michael Cruz
    Great job. Love this. Super helpful. I have been looking at EVs and am exciting that they’re getting better and better. I do have some questions. So charging stations provide the electricity for free? Like at shopping malls? That’s where I’ve seen them most often. Also, I just heard this past weekend that they overheat and turn off-?! I Googled that and found that there are optimal temps to use EVs and the warmest is like 95 degrees. This doesn’t bode well with global warming.
  • Kale Hallman
    My concern is once the majority of vehicles on the road are electric, charging costs will increase exponentially.
  • David C.
    Thanks for the video...Electric cars make sense for local driving. Not traveling. I'm retired and not home that much. Charging my battery in my plug-in hybrid on the road, which is about 1/5th the size of a typical electric car battery is a royal pain. However, I get about 35 miles of electric driving on a full charge which is great for around town.
  • F. D.
    Bingo! With the current greenflation and the push for "sustainable" electricity, we will soon see insane electricity prices like in Denmark or Germany! My 10yo Volvo V50 with the 1.6L engine makes 45mpg (on highways, with winter tyres). No Tesla will ever beat that - especially not when you factor in the cost of the electric vehicle, the wear of the battery, higher insurance bill, higher repair bills and the need for a reliable "winter car" in colder climates...
  • Billsfan2012
    Andy, I once watched a YouTuber talk about the weight of EV cars. He said since EV cars weigh so much they will wear out their tires. So that would have to be figured into the cost of ownership. What so far is your cost of tires?
  • Jeff Pansini
    There's something you can never get with an electric car, and that's the sound of a finely tuned 8 cylinder. Call me old fashioned but I love that sound.
  • Anh CuDen
    For Quick Watcher
    He spent $1.5k in charging fee, while gas can cost $9.5k. He save around $8k in general.
    I still stay with Gas because the basic model is already cost $20k more than my gas car
  • Kith101
    "California Asks Residents to Avoid Charging Electric Cars Amid Power Grid Strain," Now this was during a heat wave but is an indicator of things to come.