How much does the Tesla Model Y (Performance) cost in Israel?
The Tesla Model Y (Performance) starts at ₪335,000. Over 5 years in Israel it costs about ₪362,198 to own, or ₪6,037/month and ₪4.83/km — including depreciation, electricity, maintenance, insurance, fees and loan interest. As of 1 July 2026.
EV purchase tax — rising, and not a perk: unlike most countries, Israel has no purchase incentive for electric cars — the opposite. Purchase tax on electric passenger cars (BEV) rose to 48% in 2026 (from 45% in 2025; before 2025 it was 35%), and the tax-exempt slice of the car's price was cut to NIS 22,000 (from NIS 30,000 in 2025). The Treasury even tried to raise it to 52%, but the Knesset Finance Committee stopped it at 48%. This is a headwind that pushes up BEV sticker prices — we show it as context only and never deduct it from the total cost (deducting it would flatter the electric car unfairly). The shovi shimush usage value (a tax benefit) for a company EV stands at about NIS 1,350 a month (2025) — the temporary provision has been extended unchanged until the end of 2028. Sources: Times of Israel / Globes / Israel Tax Authority gov.il, as of . Confirm the tax rate and the threshold for each model before you buy.
Tesla Model Y (Performance) · Israel · 5 years (estimate)₪362,198 total · ₪6,037/mo · ₪4.83/km
Where the money goes
| Cost component | Electric · Tesla Model Y | Hybrid · Toyota Corolla Hybrid |
|---|---|---|
| Depreciation (estimated) | ₪234,500 (65%) | ₪81,600 (41%) |
| Electricity / fuel | ₪11,759 (3%) | ₪25,740 (13%) |
| ↳ of which charging loss | 12% (~₪1,411) | — |
| Maintenance | ₪21,000 (6%) | ₪36,000 (18%) |
| Insurance | ₪32,500 (9%) | ₪24,000 (12%) |
| Loan interest | ₪62,440 (17%) | ₪29,527 (15%) |
| Fees & taxes | ₪0 (0%) | ₪0 (0%) |
| Total cost | ₪362,198 | ₪196,868 |
Tesla Model Y (Performance) — Price & specs
- Purchase price
- ₪335,000Sticker price
- Drivetrain
- Electric
- Consumption
- 16.5 kWh/100kmWLTP
- Range
- 580 kmWLTP
- Electricity price
- 0.64 ₪/kWhIEC
- Km per year (assumed)
- 15,000 kmIsrael
How much does it cost to charge the Tesla Model Y (Performance) at home?
Charging the Tesla Model Y (Performance) at home costs about ₪12.06 per 100 km — versus ₪54.60 for a typical 7 L/100 km petrol car. Home charging only, with the ~12% AC charging loss already included. Public DC fast-charging is billed per session by each network — usually two to three times the home rate — and isn't included in this figure.
- Per 100 km at home
- ₪12.0616.5 kWh/100km + 12% charging loss × ₪0.64/kWh
- A typical 7 L/100 km petrol car
- ₪54.60/100kmat ₪7.80/L — for comparison