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Tesla Model 3 2023: pricing cut by $3400 for Tesla’s electric sedan


Tesla has been jumping back and forth with its pricing, however the Model 3 is now $3400 cheaper than before 

Tesla has once again cut pricing for its Model 3 electric car – the range is now $3400 cheaper than its most recent pricing adjustment just one month ago. 

The pricing change comes after Tesla lowered, then raised prices slightly for its Model 3 and Model Y within a period of just two months.

In February 2023, Tesla made pricing cuts across the globe for its electric vehicles, with the standard range, rear-wheel-drive Model 3 originally dropping from $65,500 before on-road costs to $63,900. It’s now priced lower again, from $60,900 before on-road costs. 

Tesla Model 3 white studio shot front 3/4
Prices have gone up and down lately for the Model 3

The Model 3 Long Range was priced at $80,000 – now it costs $73,900 before on-road costs – a reduction of a significant $6100. 

The Tesla Model 3 is a strong competitor for cars such as the Polestar 2, Kia EV6 and Hyundai Ioniq 5, but will soon need to compete with the new Hyundai Ioniq 6 sedan

Tesla Model 3 2023: prices in Australia

All prices listed are before on-road costs.

  • Rear-wheel drive: $60,900 (-$3400)
  • Long Range: $73,900 (-$3400)
  • Performance: $86,900 (-$3400)