Tesla has started offering nearly $3,000 off the prices of Australia’s best-selling EV, the Model Y, for in-stock vehicles.
On Tesla’s website, Model Y vehicles in multiple states are now showing $2,950 off the driveaway prices, with each listing showing the amount that the car is reduced by.
At the time of writing, Model Y vehicles in ACT, NSW, QLD, VIC and TAS were showing various in-stock configurations, providing almost a 5% discount off the regular price.
On top of that, there is also a current trade-in bonus of $2,000 applied to the vehicle if an older vehicle is traded in as part of the new Model Y purchase.
This additional trade-in discount also applies when ordering Model 3 vehicles until the end of 2026.
Alll new purchases of Model 3 vehicles will also come with Tesla’s recently upgraded 5-year unlimited km warranty for any buyers who get into a car as of the beginning of 2026.
That’s up from the previous 4-year or 80,000 km warranty on offer and, according to Tesla Australia, is a global first to be offered in a market where Tesla vehicles are sold.
Locally, Tesla offers the Model Y in four variants, including Premium RWD, Premium AWD Long Range, AWD 6-seater L, and AWD Performance.
The Model 3 sedan comes in three variants: Premium RWD, Premium RWD Long Range, and AWD Performance.
Pricing of the RWD Model Y single-motor starts at $58,900 and goes to $84,900 for the Performance variant, before on-road costs.
Similarly, the Model 3 sees its pricing range from $45,900 for the recently launched entry-level model, all the way to $80,900 before on-road costs for the Performance variant.
Tesla has already sold 41,705 EVs in the year to date, and recently cut the price of the Model Y performance as well as launching the no-frills version of the Model 3.
Market leader BYD isoffering $4,000 cashback to draw drivers, Geely is offering low interest loans and other car makers are also offering incentives to boost their sales in an increasingly competitve market.
You can find The Driven’s detailed EV sales data here: Australian electric vehicle sales by month in 2026; by model and by brand.
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