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Is Tesla considered a luxury car?

I have a few friends that have purchased a Tesla in the past year and they can’t say enough good things about it. However, I’m a wealth management advisor and need a car that creates a successful image to clients. Is a Tesla a luxury car?

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Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
As the premier name in the electric vehicle space,
Tesla
is considered a luxury car. But unlike some established or older brands in the luxury industry, Tesla's luxury is geared toward its technology features. 
More specifically, the electric drivetrain of Tesla surpasses nearly every competitor, offering more range than almost any other luxury car.
Some of the other features that make Tesla a luxury car unrivaled by others include:
  • Autopilot
  • A karaoke function, a la James Cordon
  • Streaming services
  • Air suspension
  • Sentry mode allows you to look at cameras on the car from your phone
  • Advanced parking sensors
  • Lavish interior
  • Unique app
  • Constant updates to improve the ride and drivability of the car
Keep in mind that Tesla isn’t the only luxury all-electric vehicle on the market. More and more luxury brands are producing eco-friendly competitors, from Mercedes-Benz to BMW!
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