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2023 Tesla Model 3 Overview, Reviews, Ratings & Specs

Rating: 4.79
Based on 49 Owner Reviews â–¶
Cathleen V | March 31, 2025
The 2023 Tesla Model 3 is an all-electric compact sedan that revolutionized the EV market. Introduced in 2017, it's known for its sleek design and advanced technology. Key trims include the base Model 3, Long Range, and Performance. The pricing ranges approximately from $40,000 to $55,000. Its popularity stems from its impressive range, rapid acceleration, and access to Tesla's Supercharger network. It stands out due to its minimalist interior and over-the-air software updates.
The Good

The 2023 Tesla Model 3 offers exhilarating performance with instant torque and quick acceleration, appealing to emotional buyers. Practically, it boasts exceptional energy efficiency, reducing running costs. The minimalist design is both stylish and functional. While reliability can be debated, many find it a good value proposition due to lower fuel and maintenance expenses and decent comfort on daily drives.

The Bad

Potential weaknesses of the 2023 Tesla Model 3 include build quality inconsistencies, which can range from panel gaps to paint imperfections. The minimalist interior, while stylish, might lack traditional controls some drivers prefer. Repair costs can be high due to specialized parts and labor. Watch out for battery degradation over time, especially with frequent DC fast charging.

2023 Tesla Model 3: Quick Overview

  • Engine Options: All electric. Single motor (Rear-Wheel Drive), Dual motor (All-Wheel Drive).
  • Horsepower:
    • Model 3 (RWD): ~283 hp (estimated)
    • Model 3 Long Range (AWD): ~449 hp (estimated)
    • Model 3 Performance (AWD): ~510 hp (estimated)
  • Fuel Economy (MPGe):
    • Model 3 (RWD): 132 city / 116 highway / 124 combined
    • Model 3 Long Range (AWD): 131 city / 114 highway / 121 combined
    • Model 3 Performance (AWD): 118 city / 107 highway / 113 combined
  • 0-60 Times:
    • Model 3 (RWD): 5.8 seconds
    • Model 3 Long Range (AWD): 4.2 seconds
    • Model 3 Performance (AWD): 3.1 seconds
  • Towing Capacity: Not officially rated for towing in North America.
  • Trim-Level Features:
    • Model 3 (RWD): Standard features include a 15-inch touchscreen, navigation, Autopilot (basic driver-assistance system), premium connectivity (subscription required), partial premium interior, and standard range battery.
    • Model 3 Long Range (AWD): Adds all-wheel drive, increased range, enhanced audio system, and premium interior features.
    • Model 3 Performance (AWD): Includes all features from Long Range, plus performance brakes, lowered suspension, performance pedals, a carbon fiber spoiler, and increased top speed. Also includes Track Mode.

2023 Tesla Model 3 Specifications

Vehicle Information
Year 2023
Make Tesla
Model Model 3
Trim -
Style Rear-Wheel Drive
Type Sedan
Category Minicompact Car
Manufacturing Details
Made In United States
Manufacturing City AUSTIN
Dimensions
Doors 4-Door
Curb Weight -
Gross Vehicle Weight Rating -
Overall Height -
Overall Length 469.39 cm
Overall Width -
Wheelbase Length 287.53 cm
Standard Seating 5
Engine & Performance
Engine Electric
Engine Size -
Engine Cylinders 4
Transmission 1-Speed Automatic
Transmission Type Automatic
Transmission Speeds 1-Speed
Drivetrain Rear-Wheel Drive
Additional Features
Anti-Brake System 4-Wheel ABS
Steering Type Rack & Pinion
Pricing
Manufacturer Suggested Retail Price (MSRP) $46,990 USD
Invoice Price -
Delivery Charges $1,200 USD

Vehicle History Report

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Accident
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Past Sale
Listings
Safety
Recalls
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Market Price
Analysis

What Problems Does the 2023 Tesla Model 3 Have?

Frequently reported problems for the 2023 Tesla Model 3, and Tesla vehicles in general, often revolve around build quality, including panel gaps, paint imperfections, and inconsistent trim alignment. Software glitches, though often resolved with updates, can sometimes affect functionality. The suspension components, particularly the lower control arms, have been subjects of concerns regarding premature wear and tear, leading to recalls in some instances. Battery degradation is a long-term reliability concern, though Tesla's battery management system is designed to mitigate this. Earlier Model 3 years (2017-2019) faced more significant issues compared to the 2023 model, such as issues with the MCU (Media Control Unit) that could lead to screen failure. Although improved, the 2023 model is still subject to some of the quality control concerns common across the Tesla lineup. Some owners also report issues with the HVAC system, specifically with the heat pump in colder climates, leading to reduced heating performance. Tire wear can also be an issue, especially with the Performance trim due to its aggressive driving dynamics.

How long will the 2023 Tesla Model 3 last?

With good maintenance habits, the 2023 Tesla Model 3 can likely provide 200,000 miles or more of service. Many owners report exceeding this mark. Battery life is a key factor; with proper charging habits (avoiding frequent full charges and discharges), the battery should retain significant capacity even after several years. Long-term durability depends heavily on climate and driving conditions. Corrosion from road salt can be a concern in colder regions. Suspension components and other wear items will eventually require replacement. Some owners report that interior materials like the vegan leather seats may show wear over time.

What Technology & Safety Features are Included?

The 2023 Tesla Model 3 boasts a minimalist interior dominated by a 15-inch touchscreen that controls almost all vehicle functions.

Tech & Entertainment:
It includes navigation, Bluetooth, and over-the-air software updates. Premium Connectivity (subscription required) adds live traffic visualization, satellite maps, and streaming video.

Driver-Assistance:
Standard Autopilot provides automatic emergency braking, lane keeping assist, and adaptive cruise control. Optional Full Self-Driving (FSD) Capability adds Navigate on Autopilot, automatic lane changes, autopark, summon, and traffic light and stop sign control. FSD remains a subject of ongoing development and regulatory scrutiny.

Safety Features:
It has multiple airbags, electronic stability control, and traction control.

Optional Features:
Include upgraded audio systems and various exterior colors.

Crash-Test Ratings:
The Tesla Model 3 has consistently received excellent safety ratings from both the National Highway Traffic Safety Administration (NHTSA) and the Insurance Institute for Highway Safety (IIHS). It typically earns 5-star overall safety ratings from NHTSA and a Top Safety Pick+ from IIHS, indicating robust crash protection.

What Colors Options are Available?

Exterior Colors
Pearl White Multi-Coat
Solid Black
Deep Blue Metallic
Stealth Grey
Ultra Red
Interior Colors
Black
White

2023 Tesla Model 3 Prices and Market Value

The 2023 Tesla Model 3 started around $40,000 for the base model and climbed to $55,000+ for the Performance trim when new. Used market prices vary depending on mileage, condition, and trim, generally ranging from $30,000 to $50,000. Depreciation has been relatively low compared to other vehicles, partly due to high demand for EVs and Tesla's brand reputation. Factors affecting resale value include battery health, accident history, mileage, and whether Full Self-Driving Capability is included. As newer models and battery technologies emerge, older Model 3s may experience slightly higher depreciation.

2023 Tesla Model 3 Cost of Ownership

Insurance costs for the 2023 Tesla Model 3 can be higher than average due to its technology and repair costs. "Fuel" costs (electricity) are significantly lower than gasoline. Maintenance is generally less expensive due to fewer moving parts, but repairs can be costly due to specialized technicians and parts. Long-term ownership costs are generally economical due to lower fuel and maintenance needs, offsetting potentially higher insurance premiums. It is relatively economical to own compared to similar gas-powered cars.

2023 Tesla Model 3 Fuel Efficiency

Fuel Type Electric
Fuel Capacity 6.78 liters
City Mileage 0.72 km/l
Highway Mileage 0.81 km/l

2023 Tesla Model 3 Safety Rating

NHTSA
Overall Rating
Overall Frontal Star Rating
Side Overall Star Rating
Overall Rollover Star Rating
Combined Front Seat Rating
Combined Rear Seat Rating
Overall Frontal Star Rating
Frontal Barrier Star Ratings Not Tested
Overall Side Star Rating
Side Barrier Star Ratings
Side Pole Star Rating
Combined Side Barrier And Side Pole Star Ratings Not Tested
Rollover Resistance Star Rating

2023 Tesla Model 3 Warranty

Basic
Original warranty 48 months / 50,000 miles
Estimated remaining 24 months / 50,000 miles
Powertrain
Original warranty 0 months / No data
Estimated remaining Expired
Rust
Original warranty 0 months / No data
Estimated remaining Expired

2023 Tesla Model 3 Insurance

Insurance for a 2023 Tesla Model 3 is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2023 Tesla Model 3 Compare to Other Sedan?

Key rivals to the 2023 Tesla Model 3 include the Hyundai Ioniq 6, Polestar 2, BMW i4, and Ford Mustang Mach-E. In terms of performance, the Model 3 Performance stands out with its blistering acceleration, although the Mach-E GT offers comparable thrills. Features-wise, Tesla's Autopilot is a strong selling point, though other brands are catching up with their driver-assistance systems. Reliability remains a concern for Tesla, while brands like Hyundai and BMW generally have stronger reliability records. Price-wise, the Model 3 is competitively positioned, though incentives can affect the overall cost. The Ioniq 6 offers a compelling alternative with its distinctive design and strong value. The Polestar 2 provides a more luxurious interior and a focus on driving dynamics. The BMW i4 combines electric power with BMW's renowned driving experience. The Mustang Mach-E provides similar range and performance with SUV practicality. Depending on priorities (performance, reliability, features, price), each rival presents a viable alternative. The Hyundai Ioniq 6 might be a better option for someone prioritizing value and reliability; the BMW i4 for a more traditional luxury experience; the Polestar 2 for Scandanavian design and build quality; and the Mach-E for more SUV practicality.

Ranks #23 Sedan

1 2023 Toyota Camry (5.0★)
2 2023 Honda Accord (0.0★)
3 2023 Lexus ES (0.0★)
4 2024 Subaru Legacy (5.0★)
5 2022 Mazda MX-30 (4.0★)
6 2024 BMW M3 (0.0★)
7 2023 Ford Mustang (5.0★)
8 2023 Mercedes-Benz AMG GT (0.0★)
9 2023 Audi A3 (0.0★)
10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
23 2023 Tesla Model 3 (5.0★)

Final Verdict: Is the 2023 Tesla Model 3 a Good Sedan?

The 2023 Tesla Model 3 is ideal for tech-savvy buyers who prioritize performance, efficiency, and access to a charging network. It's worth buying if you appreciate its minimalist design and are comfortable with over-the-air updates and a touchscreen-centric interface. Buying new allows you to take advantage of any available tax credits and the latest features. A used Model 3 can offer significant savings, but inspect it thoroughly for build quality issues and battery health. The Long Range trim offers the best balance of range and performance for most buyers. The Performance trim is for those seeking maximum acceleration.

2023 Tesla Model 3 Owner Reviews

4.79
Consumer Rating, Based on 49 Consumer Reviews
Overall rating
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Brad W. on November 30, 2023

Fun, fast

I really love this car. It looks great, is very fast, and is all-around fun to drive. The one-pedal braking is the best feature, IMO. Would purchase again.

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KindSoul on November 13, 2023

Want to love the car but comes with baggage

If you want an electric sedan perhaps this might be a good choice given its access to superchargers. However, you would have to settle for squeaks, rattling sounds, shoddy workmanship, misaligned panels, interior with workers fingerprints. Service Center can be helpful but often times parrot scripted lines. Also very clumsy with work. In general feels like I'm walking on thin ice and not know what going to break. 1) superchargring is great 2) Tesla revolutionized cars 3) Unfortunately model 3, Y are rickety vehicles that I love to drive but the squeaks and rattles annoy me I would hate to go back to a regular gas car but unfortunately Corolla, Prius, Civics, Camry, Accords have better quality and reliability. There are plenty of fans who will vouch and dismiss criticisms. However, I recommend that you rent a car for 5 days and test it before spending $40k.

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Dorin on November 12, 2023

Tesla all the way, Rivian second.

Got the 2023 standards model 3 and it far exceeds any other car, especially ICE. Every single car I will own from here on out will be a Tesla. The other ev brands can't compete. Will also get the Rivian R1S, that is the only other brand I would consider. Don't buy an EV from a company that also makes gas cars unless you like throwing away $.

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Jeremy Noel Johnson on November 12, 2023

2022 Tesla Model 3 RWD - A Great Car!

I own a 2022 Tesla Model 3 RWD. It has LFP batteries and I can charge it to 100%. It's degraded about 3% after 15 months, so not too bad on the battery. It's been great, with no problems that were Tesla's fault. A truly great car and highly recommended!

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Tesla Owner on November 12, 2023

Best Car I’ve Owned

It’s so much better than expected and my expectations were high. There are so many lies out there about Tesla’s but they are easy to drive and easy to own, and more affordable than most think. I’ve had a few minor issues but Tesla took care of them quickly. I’ll never go back.

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Chris on November 11, 2023

Safe, Reliable, American made, Fast

Best car I've ever owned. Will buy again. Safest car in the world. Most american made car. Low cost of ownership. Virtually no maintenance costs. Haven't been to a gas station in 3 years. And it's fast!

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Chris D on November 11, 2023

We love our model 3 so much my wife is getting a Y

Hands down the best car experience my wife and I have ever had. After buying our model 3 we have basically become a 1 car family simply because neither of us like driving a non tesla anymore. My wife stated that she will be getting a model Y next and no other car is even an option to look at.

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Adam on November 11, 2023

Nothing better

Remember that feeling when you got a smartphone and were amazed with how much better it was to your old phone that could only text? Once you own a Tesla, you won’t go back. It’s that good.

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Jim Chanos on November 11, 2023

Don’t underestimate Tesla

Though financially TSLA has ruined me because I keep shorting their stock the vehicles themselves are very good. My Tesla is the best car I’ve owned & I certainly don’t miss the visits to the gas station. Fit & finish on my car is excellent and interior noise levels are lower than my Audi Q7.

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Oliver on November 11, 2023

Wonderful

Such a joy to drive always. I love the sound system and the acceleration. I love showing people the car to share the joy with others. Cannot recommend highly enough.

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Cathleen V

Cathleen is an exceptional freelance writer covering hot topics in the automotive world from a gearhead's perspective. Her articles delve into various aspects of automotive technology and history, offering readers detailed insights into engine performance, reliability, and maintenance. Through her engaging and informative writing, Cathleen provides valuable information to automotive enthusiasts and consumers alike, helping them make informed decisions about vehicle maintenance and purchases.