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Tesla battery replacement cost is steep, but prices vary by model

Tesla battery replacement cost is steep, but prices vary by model

August 15, 2023 By Peter Leave a Comment

[TAG0][TAG1]

  • The cost of replacing the battery in an electric vehicle can be thousands of dollars.
  • Most batteries can last for up to 200,000 km and the technology is always improving.
  • Tesla's batteries are guaranteed for 8 years, or up to 100,000-150,000 miles – whichever comes first.

The battery life of a Tesla is a major concern for potential owners.

According to Recurrent, EV batteries can cost anywhere between $5,000 and $20,000. Batteries degrade differently depending on a variety of factors, such as how they were charged, the environment in which it was used, etc.

According to J.D. Power, Elon Musk stated that it would cost between $5,000 and $10,000 to replace the battery of a Tesla in 2019. Power.

How long do Tesla batteries last for?

Tesla's impact report for 2021 states that its battery packs will outlast vehicles.

The report stated that "we estimate a vehicle is scrapped after about 200,000 miles in the U.S., and approximately 150,000 miles in Europe."

Tesla batteries are covered under a warranty. The warranties vary slightly between models, but are generally good for 8 years or 100,000-150,000 miles.

What has Tesla improved in the last few years?

Tesla launched a new battery pack in 2020 called the 4680. Tesla claims that the pack is able to store five times as much energy as previous generations due to its improved chemistry and more dense design. Musk said that they are also cheaper to manufacture.

Tesla plans to manufacture the packs in Texas where its headquarters is located. The 4680 pack will be available for Model Y cars in Texas by 2023. Musk announced in May that the batteries would also be manufactured in Nevada.

Original article available on Business Insider

—————————————————————————————————————————————
By: grapier@businessinsider.com (Graham Rapier)
Title: Tesla battery replacement cost is steep, but prices vary by model
Sourced From: www.businessinsider.com/tesla-battery-replacement-cost
Published Date: Thu, 20 Jul 2023 06:59:00 +0000

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