The new electric vehicles from established automakers are more competitive than ever against the Tesla portfolio (EVs).

Yet, even with competitive rivals like the Mercedes-Benz EQE and Audi e-tron GT competing for high-voltage supremacy,

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Tesla's entry-level model offers range, quick acceleration, and—most importantly—remarkable safety ratings.

See how the 2023 Tesla Model 3 can represent a solid investment in the EV market.

Unless Elon Musk and his management team reveal a more cost-effective choice, such as the potential Model 2,

the new 2023 Tesla Model 3 will continue to be the least expensive model in the automaker's lineup.

Yet, the Model 3 excels in a number of areas, including value, range, and safety.

For instance, the Insurance Institute for Highway Safety (IIHS), a company that assesses the reliability of new automobiles,