2024 Hyundai Ioniq 5 vs 2024 Tesla Model Y
Head-to-head specifications
| Metric | 2024 Hyundai Ioniq 5 | 2024 Tesla Model Y | Difference |
|---|---|---|---|
| Horsepower | 225 | 384 | -41.4% |
| Economy (mpg/MPGe) | 114 | 123 | -7.3% |
| 0-60 mph (s) | 5.0 | 4.8 | — |
| Seats | 5 | 5 | — |
| Price (USD) | $41,800 | $44,990 | -7.1% |
- 2024 Tesla Model Y makes about 41% more power. 2024 Tesla Model Y is more economical.
Verdict: Hyundai Ioniq 5 or Tesla Model Y?
2024 Hyundai Ioniq 5 advantages
- Affordability (+7%)
2024 Tesla Model Y advantages
- Power (+41%)
- Fuel efficiency (+7%)
- Acceleration (+4%)
Which should you choose?
- Choose the 2024 Hyundai Ioniq 5 if staying on budget is the priority.
- Choose the 2024 Tesla Model Y if you want stronger performance.
Value for money
2024 Tesla Model Y delivers more horsepower per dollar, making it the better value of the two at their listed prices.
2024 Hyundai Ioniq 5 vs 2024 Tesla Model Y: which should you choose?
2024 Hyundai Ioniq 5 — electric suv with about 225 hp, 114 MPGe combined, 5s 0-60 mph and a starting price near $41,800.
2024 Tesla Model Y — electric suv with about 384 hp, 123 MPGe combined, 4.8s 0-60 mph and a starting price near $44,990.
2024 Hyundai Ioniq 5 vs 2024 Tesla Model Y: 2024 Tesla Model Y is more powerful. 2024 Tesla Model Y makes about 41% more power. 2024 Tesla Model Y is more economical.
Performance
The 2024 Tesla Model Y is the more powerful (384 hp vs 225 hp) and reaches 60 mph in about 5.0s versus 4.8s.
Running costs
The 2024 Tesla Model Y is more efficient at 123 combined, which adds up over the years you own it. Seating is 5 versus 5.
Price and value
The 2024 Hyundai Ioniq 5 starts lower at about $41,800. Factor in insurance, fuel/charging and resale, not just the sticker price.
The verdict
Both are credible choices in the car comparison space; the specification table above lays out every metric so you can weigh the trade-offs that matter to you. Pick the one whose strengths line up with how you will actually use it.
Frequently asked questions
Is the 2024 Hyundai Ioniq 5 better than the 2024 Tesla Model Y?
2024 Tesla Model Y takes the overall edge, though 2024 Hyundai Ioniq 5 wins in specific areas worth weighing. 2024 Tesla Model Y makes about 41% more power. 2024 Tesla Model Y is more economical.
What is the main difference between the 2024 Hyundai Ioniq 5 and the 2024 Tesla Model Y?
2024 Tesla Model Y makes about 41% more power. 2024 Tesla Model Y is more economical.
Which is better value?
2024 Tesla Model Y delivers more horsepower per dollar, making it the better value of the two at their listed prices.
Which should I choose?
Choose the 2024 Hyundai Ioniq 5 if staying on budget is the priority. Choose the 2024 Tesla Model Y if you want stronger performance.
Methodology
Vehicles are compared on manufacturer horsepower, combined fuel economy (mpg for combustion, MPGe for electric), 0-60 mph time, seating and starting price. Figures are indicative trims.