We took delivery of our 2023 Tesla Model X Refresh 6 months ago now. Although it seems that time has flown by, we have put nearly 10k miles on the Model X, and have learned a lot about the car. There are many things to love about the refresh Model X, but there are also some things that could be better.
After 6 months and 9k miles, I have had a chance to calculate our total cost of ownership of our Model X. I have taken this information and compared it to a similar ICE vehicle, in this case, an Audi Q7. I have to estimate costs to the best of my ability as I dont actually have to pay for supercharging due to referral miles awarded over the years. After comparing the 2, there is nearly $2k in savings just in electricity vs gas.
On the other hand, our Model X was delivered after nearly $20k in price reductions. Unfortunately the Model X has come down another $20k since then and now qualifies for the EV tax credit. This additional $7,500 is only available for the 5 passenger Model X with no additional options. That said, you are now able to select any color you like for no additional cost. So although my configuration would not qualify for the EV Tax Credit, it certainly has an impact on the used car values for all Model X's.
The highlights of the Model X include a plush ride, fast acceleration, reasonably efficient in comparison to the Model Y, impressively fast charging, HW4 upgrades, premium soft touch materials with a better build quality than before and great storage and passenger space.
On the flip side, the car is starting to present some rattles and squeaks, service appointments are about 1 month out to fix issues, depreciation is massive, despite now coming standard with a wheel the turn signal and horn are still in inconvenient locations, the falcon doors have already had some issues and the Model X as a whole is very expensive.
No car is going to be perfect, and when you step into the limited world of EV's, there are sometimes even more compromises. That said, assuming the Model X is in budget, this car is amazing. It is super fast and comes with Tesla's untouchable Supercharging network. The overall comfort and charging speed really are the highlights, and in an electric car, those are 2 very important things.
In the end, its bigger, more comfortable, faster, better charging smoother riding SUV. It does come at a larger price tag, and will come with more issues in reliability, but can offer an amazing driving experience. It will be hard to overcome the value and reliability of the Model Y, so if you can afford it, it may be worth seriously considering to enjoy the various features exclusive to the Model X.
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