Car Comparison

2024 Tesla Model Y vs 2024 Tesla Model 3

Verdict
2024 Tesla Model Y vs 2024 Tesla Model 3: 2024 Tesla Model Y is more powerful

Head-to-head specifications

Metric2024 Tesla Model Y2024 Tesla Model 3Difference
Horsepower384283+35.7%
Economy (mpg/MPGe)123132-6.8%
0-60 mph (s)4.85.8
Seats55
Price (USD)$44,990$38,990+15.4%
  • 2024 Tesla Model Y makes about 36% more power. 2024 Tesla Model 3 is more economical.

Verdict: Tesla Model Y or Tesla Model 3?

Our recommendation
These two are closely matched — the right pick comes down to which specific strengths you value and the price you actually pay.

2024 Tesla Model Y advantages

  • Power (+26%)
  • Acceleration (+17%)

2024 Tesla Model 3 advantages

  • Fuel efficiency (+7%)
  • Affordability (+13%)

Which should you choose?

  • Choose the 2024 Tesla Model Y if you want stronger performance.
  • Choose the 2024 Tesla Model 3 if low running costs matter most.
  • Choose the 2024 Tesla Model Y if quick acceleration is important to you.

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 Tesla Model Y vs 2024 Tesla Model 3: which should you choose?

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 Tesla Model 3 — electric sedan with about 283 hp, 132 MPGe combined, 5.8s 0-60 mph and a starting price near $38,990.

2024 Tesla Model Y vs 2024 Tesla Model 3: 2024 Tesla Model Y is more powerful. 2024 Tesla Model Y makes about 36% more power. 2024 Tesla Model 3 is more economical.

Performance

The 2024 Tesla Model Y is the more powerful (384 hp vs 283 hp) and reaches 60 mph in about 4.8s versus 5.8s.

Running costs

The 2024 Tesla Model 3 is more efficient at 132 combined, which adds up over the years you own it. Seating is 5 versus 5.

Price and value

The 2024 Tesla Model 3 starts lower at about $38,990. 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 Tesla Model Y better than the 2024 Tesla Model 3?

These two are closely matched — the right pick comes down to which specific strengths you value and the price you actually pay. 2024 Tesla Model Y makes about 36% more power. 2024 Tesla Model 3 is more economical.

What is the main difference between the 2024 Tesla Model Y and the 2024 Tesla Model 3?

2024 Tesla Model Y makes about 36% more power. 2024 Tesla Model 3 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 Tesla Model Y if you want stronger performance. Choose the 2024 Tesla Model 3 if low running costs matter most.

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.

MC
Marcus Chen
Hardware & Product Analyst

Marcus benchmarks processors, GPUs, phones and vehicles and maintains normalized performance databases.

MSc Computer Engineering10+ years review experience
✓ Reviewed by Priya Nair, Data Quality Reviewer.
Last updated 2026-03-30
2024 Tesla Model Y profile → 2024 Tesla Model 3 profile → Compare something else

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