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Tesla Cuts Model 3, Model Y Prices in Australia

Tesla has slashed thousands off its entire electric vehicle range in a bid to attract Australian customers.

This comes less than six months after the EV company hiked up the price of its Model 3 and Model Y series in the face of rising inflation.

The biggest cuts come to the Model Y SUV, which sees price drops of between $1,800 for the cheaper model, to $3,400 to the high-end Model Y.

Prices for the Model 3 sedans drop from between $1,600 and $3,100.

All savings are before on-road costs, and other additionals.

A number of extras, such as red multi-coat paint, Model 3 19-inch Sport wheels, and Model Y 20-inch Induction wheels have each had $500 shaved off prices.

Tesla sold 10,877 Model 3 units in Australia last year, and 8,717 Model Y vehicles.

Updated pricing is below.

Model 3

2023 Tesla Model 3 RWD: $63,900 (-$1600)
2023 Tesla Model 3 Long Range: $76,900 (-$3100)
2023 Tesla Model 3 Performance: $89,900(-$1700)

Model Y

2023 Tesla Model Y RWD: $68,900 (-$3400)
2023 Tesla Model Y Performance: $94,900 (-$1800)

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