Reader note: I still have to finish up my happiness series. Happiness is hard. It turns out that writing about it is even harder. Stay tuned for part 3 soon.
The $355 Tesla Model Y
I first bought Tesla stock on October, 11 of 2012. The split adjusted price is $1.93.
I bought it because I thought the Model S was a nice car and Elon Musk was cool. He was a little more stable back then.
On October, 10 of 2023, almost exactly 11 years later, I bought an actual Tesla:
The day of my Tesla purchase, the stock hit $268/share. The base price of the car was $48,940. I would have had to sell 183 Tesla shares to buy the original car. If I would have sold those original shares, the math would have worked out like this:
$1.94 x 183 = $355.02
I didn’t sell any of those original shares to buy the car, but numbers like this are fun to think about. Yay stocks!
Y Now?
Electric cars are pretty great:
- Super simple: no complex fuel or emissions systems
- No oil changes
- No gas stations
- Super quiet
- Really fast
- I mostly charge the cars from my roof:
We already own a Bolt which is a pretty great car for around town. However, the it isn’t so great for distance driving. The Bolt charges slowly and it’s range isn’t good for road trips. The Mindyvan was a great car, but had over 200,000 miles on it, so we decided to replace it.
Note: We gave the Mindyvan to our local Fintalks friend Amberly. Do I now have to call it the Ambervan?!??
I had wanted a Tesla for a while, but hadn’t planned on purchasing one until 2024. Then I noticed that Tesla was reducing the price of inventory cars. The exact Tesla I wanted was listed at a healthy discount:

Let’s back up a second. My requirements were:
- Color:
- Not white (Mindy HATES white cars)
- Not black (I’m not a fan)
- Blue, red, or grey would have all been fine
- Wheels: 19″ for better range
- Tow hitch: Yay, bike rack!
- Interior: No white seats! I’m a slob and any color but black would have been a disaster. Plus kids.
- Long-range: This is going to be a road trip tool
The Good
Fit and finish: Teslas are infamous for having issues. Sometimes really terrible ones. I’ve seen Teslas with atrocious body gap consistency.
On pickup day, I downloaded a checklist and looked over my car for 45 minutes. It was perfect. The body gaps were consistent. The interior trim was great. Almost a month out, I have zero complaints.
The Y is the ultimate Nerd Transportation:
- I don’t have to carry a key. (YES!)
- The controls are minimal and intuitive.
- It has crude jokes (fart mode) built-in.
- If you turn on the heat, the car waits until the air is warm before the fans comes on (no jets of cold air to the face).
- The car critiques my driving in real time and offers gentle suggestions: “If you kept it under 70mph, your battery would have 2.3% more range on this trip.”
Battery conditioning: Through the Tesla app, I can tell the car what time I’m leaving and it conditions the batteries for efficiency.
No gas stations: I really despise going to gas stations. Nasty fumes, lines, people trying to sell you crap. No thanks. This has oversized value.
Warm cabin: I’m not a person who warms up the interior to 72 before I leave “because I can’t stand 5 minutes of discomfort” type of person, but the car will do this too. And the beauty of an EV is that you can do this in your garage and not have to worry about carbon-monoxiding your family. Fun!
Room: The Tesla can hold a lot of stuff. The cargo area is huge. I can even buy a bed and camp in the back which I plan on doing when combative, EV-hating relatives (more on this in a moment) show up:
So sorry! I was planning on camping in the mountains until whatever day you plan on leaving!
Tesla has stood up a stellar charging network:
- The Supercharger network is widespread and rapidly expanding. In 2024, we will do this trip: Longmont, CO -> Bozeman, MT -> Missoula, MT -> Leavenworth, WA -> Seattle, WA -> Santa Rosa, CA -> San Diego, CA -> Las Vegas, NV -> Longmont, CO. Because of the charging network, charging won’t be an issue.
- The chargers are reliable. (I’ve used other charging networks and they’re a disaster)
- The chargers are easy to use; just plug in the cord. That’s it. No logging in. No credit cards. Nothing else.
- The car will tell you where to stop. No need to worry about range or running out of power. On a road-trip, the car will tell you when and where you have to stop to charge.
Fun to drive: And here we are. I’m a Car Guy. I don’t wear this as a badge of honor because I don’t like this about myself. Cars are dumb objects that we have to ride around in sometimes to get to places. But I like sleek design and a good driving experience. And the Y delivers.
While it’s a 4 door family hauler, the Y hauls ass. It’s much faster than the fancy Acura NSX I used to own. It also handles well with minimal body roll and a taught suspension.
Other Car Guys sometimes lament EVs stating that they have no soul because they don’t make loud noises or burn fuel or have gears to shift. I don’t care about any of that stuff. EVs allow the driver to focus on acceleration, braking, and steering. I’m done with internal combustion.
The Bad
Front end: I have never liked the front end styling of the Model 3 or Model Y. The nose just doesn’t sit well with me.
Note: Tesla fixed this design issue with the new Model 3 (code name Highland). It should be fixed next year in the new Model Y (code name Juniper).
Combative, anti-EV people: Some Tesla owners love to regale others with their Teslas tales. I’m not one of those people. I put mine in my garage and shut the door.
A have found that a lot of people hate electric vehicles or Elon Musk or both. I don’t enjoy confrontation, so I keep our EVs in the garage, close the door, and then avoid any talk about them. Despite my best attempts, some have figured out that we own electric vehicles and then bombard us with their “knowledge.” Unfortunately, this knowledge is acquired from friends with similar biases, cable “news” networks, or conspiracy theory websites. I have heard:
- “You’ll be stranded on the side of the road!” I’m not sure what this meant and didn’t want to find out, so I didn’t inquire further.
- “You’ll freeze to death because EVs don’t work in the cold.” Nope. We even take our EVs up to the mountains in freezing temperatures and they do fine.
- “They’re worse for the environment than a gas car.” Nope.
- “You’l have to replace the batteries after 2 years.” Nope.
- “But Elon Musk!” But clean air!
For more on all of these titillating arguments, see this.
I do agree that the best car is no car or maybe the one you already have. But if you need to get a car, an EV is the way to go for most.
Sun roof! The roof of the Y is a sheet of glass. I love it most of the time, but when the sun is overhead, this thing heats up the car. I wish Tesla had come with a shade. I’ll be installing an after-market one before summer 2024.
Rear visibility: It sucks.
Expensive repairs: Cracked windshields are the norm here in Colorado. It rains rocks on the highways. 49 miles into ownership, the Y got smacked by a rock. I was able to repair the windshield before the crack spread, but if I had to get a new windshield it would have cost over $1,000. I have read that body work is also expensive.
The FSD
My Y came with a free 3 month trial of FSD, Tesla’s autonomous driving solution. The car is supposed to drive itself. Ha! Where do I begin? I have no idea, so I’ll just list some observations.
- Longmont to Boulder to Denver: The Y did this trip with no interventions. It was amazing. The car followed lane lines. It noticed when other cars had their turn signals on and gently slowed down to let them merge. It navigated through a construction zone.
- Breckenridge #1: Driving through downtown Breck, the car didn’t seem to notice a pedestrian in the crosswalk. I think that the car would have eventually noticed her, but I didn’t want to take a chance and disengaged.
- Breckenridge #2: The car stopped at a stop sign that was for the lane perpendicular to it. Not good.
- Breckenridge #3: The car followed exit lanes off the road when it isn’t supposed to be exiting.
- Longmont #1: In our neighborhood, the car drives like a 15 year-old taking the wheel for the first time. Turns are jerky and the Y seems to lack confidence.
- Longmont #2: The car stopped in a merge lane when it wasn’t supposed to.
- Construction zones: Most of the time, the car doesn’t like construction zones and I have to take over.
Sometimes FSD works great. Other times, not so great. Every now and then, it’s awful. Overall, it does well on highways. Around town, it needs work.
I won’t spend a lot of time talking about FSD since I wrote a lot about it here: Tesla: BOOM or Doomed?. Also, the next version (12) is mostly new, so everything I experience now will soon be moot.
Side note: If you’re into AI/machine learning, you should read what Tesla is attempting with version 12 of the FSD software. The training part is amazing and version 12 will be one of the greatest software achievements ever if Tesla pulls it off.
Y?
We bought the Mindyvan in 2010 and held on to it for 13 years. Our Honda Element celebrated its 20th birthday this past July. I’m not sure if we’ll hold on to the Y for even 10 years. Electric vehicles are in the second inning and will advance rapidly as batteries get better. By 2030, EVs will look a lot different.
But for now, the Y will be a fun experiment:
- What will it be like driving cross-country in an electric vehicle?
- Will the Y be reliable?
- Will replacing windshields bankrupt me?
And most important:
- Will my EV hating relatives ever shut up?
You Too?
If you’re thinking of buying a Tesla, use my referral code to save money. If you use it, send me a note and tell me about your experience.
More 1500 Days!!!
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Nice looking EV you got there Carl! I bet it’s nice when you go up those gravel mountain roads, it’s so still and quiet. You putting into context when you first bought shares to where they are now, plus splits is just mind-blowing. Excited to see/hear about your trip next year and how you’re liking it! We love our Model Y too, though I drove a friend’s model 3 and it seems more nimble and easy to drive. But cars are different than SUV’s I suppose 🙂
The 3 is a great car! If it was up to me, I would have bought the refreshed 3. However, the Y is better for family hauling duties.
Also, we recently discovered the light show feature, definitely give it a try, it’s quite fun to watch!
So if you got rid of the Mindy Van, does this mean that the Tesla is Mindy’s main car to drive around in? Or has she taken over the Element as her main car? I hope to hear more articles about how the Tesla does on your long trips. Congrats!
Mindy and the Tesla are not friends. She doesn’t like how you never turn the Tesla on or off. It’s kind of like a phone and it drives her nuts. She is also NOT a fan of the FSD feature.
So glad you finally got your Tesla. Looking forward to hear how it preforms on your long road trip.
Thank you!
You might consider this sunroof as well: https://www.amazon.com/gp/product/B0C3JNVMLV/
I wear a hat inside my car when it bothers me. It is silly they don’t include one.
Tesla mobile service just came by my house and installed mud flaps on the front wheels. For free. Without them, the car would get filthy pretty quick. Also, it would kick up gravel onto the side of the car. They also offered to install PPF on the rear door but it was too cold to do so, so they left me the PPF cutouts for me to install myself when the weather improves.
Did you have to buy the mud flaps?
I noticed the dirt too. I wish Teslas would come standard with them.
Good choice! Mine is exactly the same, just blue.
Thanks John!
How has your Y treated you so far?
I’m pretty eager to experience v12 FSD.
8 months in and we all still love it. Just did a 600 mile road trip this past weekend and it was easy peasy. Supercharger network is a game changer. The Y is hands down the best car I’ve ever owned. Not just for road trips but also bebopping around town. It’s even beginning to make inroads with the EV haters in my family. 🙂
I haven’t done much with FSD. I like Autopilot for the highways but still pay close attention to the road. I’m always ready to grab the controls while on Autopilot since certain road conditions make the car ‘uncertain’ of itself (construction zones, road deterioration, bad lane markings, etc).
Pro tip – Autopilot is great in traffic jams, just set the acceleration to Chill mode, makes the car much less jerky as traffic speeds continually change.
My question is not Why Now, but Why Not Before? I have both the 3 (March-2018) and Y (Jan-2022) and absolutely love both. They have served our family well for long road trips as well and reduced our fueling cost to zero since we have solar at home. With your net worth and being a long time TSLA investor, I’m surprised you waited so long to enjoy all of the benefits you listed. Delaying to buy something until its a “good price” or on-sale is a detriment to our over-all happiness if it brings true joy and in this case safety to our family. This seems to be a common behavior of the FI community and I for one have been guilty of being too frugal in the past. I’m so glad you made the leap and I hope you have many years of enjoyment with your new Model Y in the future.
You’re absolutely right! I should have done this a long time ago.
One small factor was getting Hardware 4. One reason I wanted to get a Tesla was to keep track of FSD progress and I wanted the latest and greatest. However, I could have just traded up as well.
I’m glad that you’re happy with your Teslas. I have yet to meet someone who doesn’t love theirs.
Nice looking Y. My wife has been saying our next car needs to be a red one so you beat me to it.
Do you find the suspension too stiff compared?
Congratulations Carl. Thank you or the detailed review on Tesla. 🙂
Hopefully, you will drive to Texas soon .
I’ve been looking at Tesla’s and I too dig the model Y. They seem to have attractive lease prices nowadays, which is how we roll. My concern is we live in a pretty rural area, with few (can count on one hand) charging stations around, so I would have to charge at home. Will my utility bill skyrocket?
I love the look, have a friend who has a Tesla, actually his 3rd, and says he will never buy another car, he loves it. So, we will see. I’m not to where I need a new car yet, but I will certainly consider a Tesla in the future.
Utility bill: Just look at how much you pay per kilowatt hour (kWh). Here in Longmont, rates are about $.10 per kWh. Since the Model Y has a 75 kWh battery, it would cost me $7.50 to charge it completely. Not bad for 300 city or 225 highway miles. Much cheaper than fuel. Also, many have the misconception that you need to install a high-speed charger. A normal wall outlet will give you around 4 miles of range per hour. So unless you’re driving a lot, you don’t need a fancy charger.
If you’re rural and have some space, you could get some used solar panels for cheap, stick them in a field, and charge the car directly with them. Free electrons!
I’ll never buy another fuel car again and the Tesla is so good, I’d have to think long and hard about going with a different brand.
You are an evil temptress!!! Quickly leaving this comment and then shutting it down before this pool of drool soon drowns me…
Haha, I like the Y a little more every day.
Yesterday, I ran over a nail. I wouldn’t have known about it, but the Tesla sent me a notification through the app that the tire was slowly losing pressure.
i enjoyed reading that because it lacked all the sanctimonious fake virtue of so many e/v advocated and owners. “i’m saving the planet, can’t you see!? everyone should be forced to own only an e/v.” i find that insufferable.
it’s refreshing for a real person to say they like it because it’s cool and enjoy the way it drives. for us the costs would take forever to recover as we only spend about 1`500/year on gasoline. once you buy the car our main annual costs are much higher for insurance and the occasional maintenance like tires and brakes.
excellent review, carl.
Thanks freddy.
It makes me sad how some things get politicized. Humans should just go down to the level of data and figure it out for themselves.
Congrats on the Y purchase Carl!
It’s cool you got a sweet new car (love the mattress idea BTW), but more than that it seems like your tesla is physical object which represents your quest for self-improvement in embracing who you want to be.
Guess that sounds sorta cheesy.
But in reading about your journey, it appears that you’ve battled your super frugal tendencies that got you where you are but aren’t making you happy. That tesla purchase, as ridiculous as it sounds, maybe means you’re prioritizing your own happiness instead of optimizing for more zeros behind commas. That’s awesome man. Good for you.
Thanks JSD! The Tesla is silly, but it makes me happy. It’s a giant gadget, powered by the solar panels on my roof. The geek in me loves that photons leave the sun, hit my panels 8 minutes later, and then push electrons to the Tesla. Eliminating gas stations from your life brings a lot of joy too. Simple things…
why in Colorado is cracked windshields a thing?
Hail and mountain rocks bouncing on to roads.