Tesla has cut the pricing of its entire range of electric vehicles by up to $3400.
Pricing for the Model 3 sedan has fallen between $1600 and $3100, depending on the variant, with the range now starting at $63,900 before on-road costs for the RWD and extending to $89,900 before on-roads and Luxury Car Tax for the Performance.
Pricing for the Model Y SUV on the other hand has dropped between $1800 and $3400, depending on the variant, with the range now starting at $68,900 before on-road costs for the RWD and extending to $94,900 before on-roads and LCT for the Performance.
This comes around six months after Tesla last increased the asking pricing of the Model 3 and Model Y.
There are also a number of options that have had their prices slashed, including:
- Red multi-coat paint: $2400 (-$500)
- Model 3 19-inch Sport wheels: $1800 (-$400)
- Model Y 20-inch Induction wheels: $2400 (-$500)
Tesla has however slightly bumped up the pricing of both the order and delivery fees. The order fee is now $50 more at $400, and the delivery fee is $25 more expensive at $1400.
It’s unclear if current order holders will be charged these reduced prices when they take delivery, or if they’ll be forced to pay the pricing that was originally displayed when they placed their order.
The Chinese-made Tesla Model 3 and Model Y are currently the two top-selling EVs locally, selling 10,877 and 8717 units respectively last year. The brand was just shy of 20,000 deliveries locally during 2022.
As recently reported, there was a ship reportedly carrying “well over” 4000 new Teslas that reportedly docked in New South Wales on December 21 last year.
This news came from Tesla shipping tracker VedaPrime who noted the 4000+ vehicles on board the MSC Immacolata beats the entire first year of Model 3s shipped to Australia in just one shipment.
Updated pricing for the 2023 Tesla Model 3 and Model Y are as follows:
- 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)
- 2023 Tesla Model Y RWD: $68,900 (-$3400)
- 2023 Tesla Model Y Performance: $94,900 (-$1800)
All prices are before on-road costs, order and delivery fees, and Luxury Car Tax if applicable.
MORE: Everything Tesla Model 3
MORE: Everything Tesla Model Y