Tesla has cut pricing for its entry-level Model 3 sedan and Model Y compact SUV in the United States, Europe and Asia, however the RRP in Australia remains unchanged for now.
The electric vehicle specialist’s US website now lists the Model 3 Standard Range Plus from US$36,990 (AU$47,600), down US$1000 from US$37,990 last week. This brings the Standard Range Plus under US$30,000 (AU$38,600) for the first time, once state and federal government subsidies are taken into account.
The Model Y Standard Range SUV meanwhile starts from US$39,990 (AU$51,500), down US$2000 from US$41,990 last week.
Pricing in Japan and Europe fell by similar margins last month, however, in these all these markets the prices of the high-performance variants has increased.
In Australia – where the Model Y is yet to launch – the Model 3 Standard Range Plus remains priced from $66,900 plus on-road costs, where it has sat since October last year. The long-range variant remains priced from $81,900 plus on-road costs, while the high-performance model starts at $93,900 plus on-road costs.
CarAdvice has approached Tesla’s Australian division for comment on the likelihood of price changes locally, and timing for the arrival of the Model Y. This story will be updated when more information becomes available.
The company is the only major manufacturer that does not release its sales data to VFACTS for publishing, however a CarAdvice report released in January 2021 revealed 3430 Tesla vehicles were sold in Australia during 2020. This was more than all other electric vehicles in Australia combined.