More 2023 Tesla Model Y, Model 3 prices rise weeks after cuts
Tesla has increased prices for the second time in a week – this time for all-wheel-drive Model 3 and Model Y variants – after price cuts of up to $3907 last month.
Prices of the 2023 Tesla Model 3 and Model Y electric cars have risen for the second time in a week – more than a month after they were cut by up to $3900.
The Tesla Australia website shows the Model 3 Long Range and Performance, and Model Y Performance have been hit with $400 increases to their list prices.
Once Luxury Car Tax is applied to the prices of the Performance models – which are above the threshold – the price increase amounts to $520.
The starting prices for these models including Luxury Car Tax are now $77,300 for the Model 3 Long Range, $91,915 for the Model 3 Performance, and $98,415 for the Model Y Performance.
A Model Y Long Range is available overseas, but it is yet to be introduced in Australia.
The Long Range and Performance price rises follow a $400 price hike for the rear-wheel-drive versions of the Model Y and Model 3 a week ago – and price cuts of up to $3907 across all Model 3 and Model Y variants in early January.
If previous price increases for Tesla cars in Australia are a guide, customers waiting in the queue will be protected from the price changes, and the higher prices will apply to orders placed from today.
Most car companies tend to ride the wave of currency fluctuations – and increase or decrease prices as a last resort – but the frequent changes in Tesla prices indicate the company is may be closely following customer demand and exchange rates.
2023 Tesla Model 3 Australian pricing including Luxury Car Tax (where applicable) but excluding on-road costs and order fees
- Model 3 Rear-Wheel Drive – $64,300
- Model 3 Long Range AWD – $77,300 (up $400)
- Model 3 Performance AWD – $91,915 (up $520 including LCT, $400 excl. LCT)
2023 Tesla Model Y Australian pricing including Luxury Car Tax (where applicable) but excluding on-road costs and order fees
- Model Y Rear-Wheel Drive – $69,300
- Model Y Performance AWD – $98,415 (up $520 including LCT, $400 excl. LCT)
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) |
Tesla Model Y price changes in Australia
| Price change months (RRPs exclude on-road costs) | Tesla Model Y RWD | 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) |
Prices listed above include Luxury Car Tax (where applicable) because it is industry practice to include LCT, however Tesla excludes it from its base price. 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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