Tesla in Australia has announced a new round of price changes across its electric-car range in a matter of weeks – with four models going up and two going down.
Four of the six vehicles across the 2023 Tesla Model 3 electric sedan and its closely-related sibling, the 2023 Tesla Model Y electric SUV, have gone up in price in Australia less than a month after RRPs were slashed.
Tesla has increased prices by $400 for two of the three variants offered in each of the Model 3 and Model Y line-ups, while the Model 3 Performance has gone down by $195, and the Model Y Performance has dropped by $2595.
The cost of entry into a Tesla is now $61,300 before on-road costs for the rear-wheel-drive Model 3, while those wanting the extra space of the rear-wheel-drive Model Y will be paying $69,300 plus on-road costs.
The $400 price increase for the rear-wheel-drive Model Y comes less than a month after $400 was cut from its price.
MORE: New price cuts for 2023 Tesla Model 3 and Model Y electric cars in Australia
Despite the $400 increase for the entry-level Tesla Model Y, the vehicle remains under the Luxury Car Tax threshold of $84,916 – provided the vehicle is order in white with standard 19-inch alloy wheels, and no additional options are added.
In early April 2023, Tesla dropped the price of rear-wheel-drive and Long Range variants by $3400, and as much as $4420 for the Model 3 Performance.
Over the past month, the Australian Dollar has fallen to the US Dollar by approximately 1.21 per cent, while the Aussie has lost approximately 0.01 per cent against the Chinese Yuan.
All Tesla Model 3 and Tesla Model Y vehicles sold in Australia today are built in China.
It’s believed this is the 15th price change since the Model 3 went on sale in Australia in 2019.
MORE: 2023 Tesla Model Y Long Range AWD price, on sale now in Australia
The previous month’s price cuts appear to have spurred sales for the entry-level Model Y, with estimated waiting times increasing from between May and June to between July and September.
Model Y Performance buyers are still expected to take delivery between May and June if an order is placed today, while the Model Y Long Range has an estimated delivery of between June and July.
All Model 3 variants have delivery estimates of between May and June at the time of publishing.
2023 Tesla Model 3 Australian pricing excluding on-road costs and order fees
- Model 3 Rear-Wheel Drive – $61,300 (up $400)
- Model 3 Long Range AWD – $74,300 (up $400)
- Model 3 Performance AWD – $87,300 (down $195)
2023 Tesla Model Y Australian pricing excluding on-road costs and order fees
- Model Y Rear-Wheel Drive – $69,300 (up $400)
- Model Y Long Range AWD – $82,300 (up $400)
- Model Y Performance AWD – $95,300 (down $2595)
Tesla Model 3 price changes in Australia
| Price change months (RRPs exclude on-road costs) | Tesla Model 3 RWD | Tesla Model 3 Long Range AWD | Tesla Model 3 Performance AWD |
| May 2019 (orders open) | $66,000 | Not available | $88,104 |
| July 2019 (launch) | $66,000 | $87,842 (incl. LCT) | $98,624 |
| December 2019 | $67,900 (no change) | $89,469 (incl. LCT) | $99,869 (up 6.4 per cent) |
| July 2020 | $73,900 (up 8.8 per cent) | $91,613 (up 2.4 per cent) | $102,013 (up 2.1 per cent) |
| October 2020 | $66,900 (down 9.5 per cent) | $83,425 (down 8.9 per cent) | $92,425 (down 9.4 per cent) |
| April 2021 | $62,900 (down 6.0 per cent) | $78,458 (down 6.0 per cent) | $94,058 (up 1.8 per cent) |
| July 2021 | $59,900 (down 4.8 per cent) | $73,400 (down 6.4 per cent) | $86,472 (down 9.7 per cent) |
| Early March 2022 | $60,900 (up 1.7 per cent) | $73,200 (down 0.3 per cent, December 2021) | $86,472 (unchanged) |
| 15 March 2022 | $63,900 (up 4.9 per cent) | $76,200 (up 4.1 per cent) | $91,672 (up 6.0 per cent) |
| 17 June 2022 | $65,500 (up 2.5 per cent) | $80,102 (up 5.1 per cent) | $95,276 (up 3.9 per cent) |
| 6 January 2023 | $63,900 (down 2.4 per cent) | $76,900 (down 4.0 per cent) | $91,395 (down 4.1 per cent) |
| 10 February 2023 | $64,300 (up 0.6 per cent) | $76,900 (unchanged) | $91,395 (unchanged; or $93,900 excl. LCT) |
| 17 February 2023 | $64,300 (unchanged) | $77,300 (up 0.5 per cent) | $91,915 (up 0.5 per cent; or $94,300 excl. LCT) |
| 4 April 2023 | $60,900 (down 5.3 per cent) | $73,900 (down 4.4 per cent) | $88,269 (down 4 per cent including LCT) |
| 2 May 2023 | $61,300 (up $400) | $74,300 (up $400) | $90,355 (up 2.3 per cent including LCT) |
Tesla Model Y price changes in Australia
| Price change months (RRPs exclude on-road costs) | Tesla Model Y RWD | Tesla Model Y Long Range AWD | Tesla Model Y Performance AWD |
| 10 June 2022 (orders open) | $68,900 | $93,900 (excl. LCT), $98,600 (incl. LCT) | |
| 17 June 2022 (one week after launch) | $72,300 (up 4.9 per cent) | $96,700 (excl. LCT), $101,612 (incl. LCT, up 3.0 per cent) | |
| 6 January 2023 | $68,900 (down 4.7 per cent) | $94,900 (excl. LCT), $97,895 (incl. LCT, down 3.7 per cent) | |
| 10 February 2023 | $69,300 (up 0.6 per cent) | $94,900 (excl. LCT), $97,895 (incl. LCT, unchanged) | |
| 17 February 2023 | $69,300 (unchanged) | $95,300 (excl. LCT), $98,415 (incl. LCT, up 0.5 per cent) | |
| 4 April 2023 | $68,900 (down $400) | $81,900 (new) | $97,895 |
| 2 May 2023 | $69,300 (up $400) | $82,300 (up $400) | $100,755 (up 2.9 per cent including LCT) |
Prices listed above include Luxury Car Tax (where applicable) because it is industry practice to include LCT, however Tesla excludes it from its base prices. The RRPs listed above also exclude Tesla’s $1375 delivery fee and $350 ordering fee ($150 prior to December 2021), and exclude on-roads costs such as stamp duty, registration, and compulsory third-party insurance. From 6 January 2023, Tesla’s delivery fee increased to $1400 and the ordering fee increased to $400. Sources: RJ Pound, Redbook and Tesla. Data compiled by Drive.com.au data centre, Joshua Dowling and Alex Misoyannis.
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