2023 Tesla Model 3 pricing reduced in Australia

The 2023 Tesla Model 3 electric sedan has again returned to a more-affordable price.

Tesla has applied a $3000 price reduction for select Model 3 variants this week, following a previous significant cut in early January.

It is now priced from $60,900 before on-road costs for the single-motor Rear-Wheel Drive variant, down from $63,900.

The mid-spec Long Range is now listed at $73,900 – down $3000 – while the flagship Performance is down $65 to $89,835, including luxury car tax.

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The latest price cut has reduced the Model 3's pricing to the second cheapest ever in Australia, with a small number available for $59,990 before on-roads in early March 2022 – before pricing climbed to $65,500 prior to the reduction in January 2023.

First launched in late 2019, the Model 3 has received several price adjustments, with updated pricing listed at random on Tesla's consumer website – unlike other traditional carmakers.

VFACTS new-car sales data reveals the 2023 Tesla Model 3 is not only Australia's best-selling electric car, but also the highest-selling passenger vehicle.

To the end of February, 5598 Model 3s have been registered in Australia, with the electric sedan outsold by the popular Ford Ranger and Toyota HiLux.

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Tesla Model 3 pricing – April 2023

Prices exclude on-road costs.

* includes Luxury Car Tax