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Tesla Model S Cost to Own (2026)

Dual Motor AWD  ·  405 mi range  ·  100.0 kWh battery  ·  MSRP $74,990

Home charging cost/mile
4.2¢
vs 11.4¢ gas
Annual fuel cost
$508
$1,371 for gas car
Fuel savings/year
$863
$4,315 over 5 yrs
5-yr TCO vs BMW 5 Series
-$3,505
gas wins

Tesla Model S Charging Costs

Home Charging (Level 2)

Cost per full charge $16.1
Cost per mile 4.2¢
Annual fuel cost (12K mi) $508
Charger power 11.5 kW max
Time to charge (20%→full) ~7.0 hrs

At 16.1¢/kWh national average (EIA 2025). Your rate may vary — check your local utility.

DC Fast Charging

Peak DC charge rate 250 kW
Time to 80% (fast charge) 20 min
Public cost per kWh (avg) 28–42¢
Cost per fast charge (est.) $28–$34

Public DC fast charging costs 3–5× more per mile than home charging. Road trips add up — most owners use home charging for 80–90% of miles.

5-Year Cost Comparison: Tesla Model S vs BMW 5 Series

12,000 miles/year, national average energy prices, base trim prices. No federal tax credit (ended Sept 2025).

Cost category Tesla Model S BMW 5 Series EV saves
Purchase price (MSRP) $74,990 $56,500 -$18,490
Fuel (5 years) $2,540 $6,855 +$4,315
Maintenance (5 years) $3,250 $9,000 +$5,750
Insurance (5 years) $15,500 $12,500 -$3,000
Depreciation (5 years) $35,995 $25,425 -$10,570
5-year running total $57,285 $53,780 -$3,505

5-year running costs = depreciation + fuel + insurance + maintenance. Purchase price shown for reference, not included in running total.

Key Specs: Tesla Model S

Range 405 miles
Battery 100.0 kWh
Efficiency 3.8 mi/kWh
Level 2 max 11.5 kW
DC fast max 250 kW
Time to 80% (DC) 20 minutes
5-yr depreciation ~48% of MSRP
Annual maintenance ~$650

Your actual cost depends on your state's electricity rate

Washington charges 10.2¢/kWh — the Tesla Model S costs $278/yr to fuel there. In Hawaii at 44.3¢/kWh, it's $1,217/yr. Same car, 4× the fuel cost.

See charging costs by state →

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