Here’s How Much a Tesla Will Cost You in Australia

In the ever-growing garage of electric vehicles, one name reigns supreme: Tesla. Under the stewardship of the self-proclaimed ‘Technoking’ Elon Musk, the brand has become synonymous with innovation and cutting-edge technology. Those shopping for a new Tesla in Australia can choose between the Model 3 (from AUD$54,900 plus on-roads) and the Model Y (AUD$55,900 plus on-roads). We don’t have the Model S or Model X, and we’ll probably never get the Cybertruck.

Today, we’re taking a closer look at both, focusing on the latest pricing. We’ve also included some helpful information about government incentives, charging, and certified pre-owned vehicles. Let’s take a closer look!

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Tesla Model 3 Price in Australia

Here’s how much the Tesla Model 3 costs in Australia:

• Rear-Wheel Drive: AUD$54,900 (approx. AUD$59,818 Drive Away)
• Long Range All-Wheel Drive: AUD$64,900 (approx. AUD$70,318 Drive Away)
• Performance All-Wheel Drive: AUD$80,900 (approx. AUD$87,118 Drive Away)
  • Add-ons
    • Enhanced Autopilot: AUD$5,100
    • Full Self-Driving Capability: AUD$10,100
• Colours
  • Pearl White Multi-Coat: Included
  • Solid Black: AUD$1,500
  • Deep Blue Metallic: AUD$1,500
  • Stealth Grey: AUD$2,300
  • Quicksilver: AUD$2,600
  • Ultra Red: AUD$2,600
• Wheels
  • 18-inch Photon Wheels: Included
  • 19-inch Nova Wheels: AUD$1,800
• Interior
  • Black: Included
  • Black and White: AUD$1,500

Our thoughts: The prices of new Tesla Model 3 sedans continue to drop, and the most recent drop saw the price move from AUD$61,900 to $54,900 for the RWD version. This sleek sedan offers a range of up to 513km (WLTP), a top speed of 201km/h, and a zippy acceleration from 0 to 100 km/h in just 6.1 seconds. Those craving more power and versatility should look at the Dual Motor All-Wheel Drive variant, priced at AUD$70,900. This model boasts enhanced performance with quicker acceleration (0-100 km/h in 4.4 seconds) and an extended range of up to 629 kilometres.

The Tesla Model 3 Performance crowns the pointed end of the range with a blistering 0-100km/h time of just 3.1 seconds. It has 528km of range (WLTP) and a top speed of 261km/h, but the adaptive suspension, visual tweaks, and track driving mode will make the biggest difference for buyers. You can read our full, in-depth review below.

Tesla Model Y Price in Australia

Here’s how much the Tesla Model Y costs in Australia:

• Rear-Wheel Drive: AUD$55,900 (approx. AUD$60,868 Drive Away)
• Dual Motor All-Wheel Drive 
  • Long Range: AUD$69,900 (approx. AUD$75,568 Drive Away)
  • Performance: AUD$82,900 (approx. AUD$89,218 Drive Away)
• Add-ons
  • Enhanced Autopilot: AUD$5,100
  • Full Self-Driving Capability: AUD$10,100
• Colours
  • Pearl White Multi-Coat: Included
  • Solid Black: AUD$1,500
  • Deep Blue Metallic: AUD$1,500
  • Stealth Grey: AUD$2,300
  • Quicksilver: AUD$2,600
  • Ultra Red: AUD$2,600
• Wheels
  • 19-inch Gemini Wheels: Included
  • 20-inch Induction Wheels: AUD$2,400
  • 21-inch Überturbine Wheels: Included in Performance Model Y only
• Interior
  • All Black: Included
  • Black and White: AUD$1,500

Our thoughts: Available in three variants: RWD, Long Range Dual Motor All-Wheel Drive, and Performance AWD, the Model Y starts at AUD$55,900 for the RWD model and climbs to AUD$82,900 for the top-tier Performance AWD version. With impressive specifications such as a range of up to 533km, a top speed of 217km/h, and an acceleration from 0 to 100 km/h ranging from 3.7 to 6.9 seconds, the Model Y is a formidable contender in the SUV segment.

With the Performance Upgrade (as tested in our review), you’ll have an increased top speed from 217 km/h to 250 km/h, 21-inch Überturbine Wheels standard, performance brakes, lowered suspension, aluminium alloy pedals, and a carbon fibre spoiler. Whether cruising through urban jungles or embarking on cross-country adventures, the Model Y delivers unparalleled performance and efficiency.

Optional Tesla Add-ons

In Australia, Tesla buyers can enhance their driving experience further by opting for additional features and capabilities. These optional add-ons can elevate the Tesla ownership experience to the next level.

Enhanced Autopilot

For an additional cost of AUD$5,100, Tesla owners can equip their vehicles with Enhanced Autopilot. 

Included features:

• Traffic-Aware Cruise Control
• Autosteer
• Auto Lane Change
• Autopark
• Summon

Enhanced Autopilot provides increased convenience and safety during highway driving and traffic situations.

Full Self-Driving Capability

For those seeking the pinnacle of autonomous driving technology, the Full Self-Driving Capability package is available for AUD$10,100. 

Included features:

• Navigate on Autopilot
• Auto Lane Change on City Streets
• Autopark in perpendicular parking spaces
• Summon from parking lots

While Full Self-Driving Capability represents the future of autonomous driving, it’s important to note that its full potential is subject to regulatory approval and software updates. You cannot take your hands off the wheel while driving in Australia, so this feature is not really ‘Full’ self-driving. We highly recommend not purchasing this.

Other Tesla Cars Coming to Australia

If you were gearing up for a ride in Elon Musk’s ‘Meme Truck’, we hate to burst your bubble because the Cybertruck isn’t on the cards for Australia, with right-hand drive markets unlikely during the early stages of the vehicle’s lifecycle. However, within ten days, you can reserve a Tesla Roadster right now for a deposit of AUD$7,000 plus a bank transfer of AUD$59,000. Alternatively, you can pick up a second-hand original model for around AUD$285,000.

What Incentives Can You Get on a New Tesla?

Considering purchasing a new Tesla? Beyond the sheer thrill of owning one of the world’s most innovative vehicles, many incentives across Australia are available to sweeten the deal. From national government benefits to state-specific rebates, here’s a comprehensive breakdown of what you can expect:

National Government Incentives

• Incentives: Yes
• Details:
  • Exemption from fringe benefits tax (FBT) for electric and plug-in hybrid (PHEV) vehicles, benefiting employers providing EVs or PHEVs for private use.
  • It applies to cars under the luxury car tax threshold of AUD$89,332, providing tax benefits for employers and employees.

New South Wales

• Incentives: Yes
• Details:
  • Electric and plug-in hybrid vehicles are exempt from the fringe benefits tax (FBT).
  • Previously, the NSW Government waived stamp duty and offered a AUD$3,000 rebate on new electric and hybrid vehicles. However, these incentives have closed for vehicle purchases before January 1, 2024.

Victoria

• Incentives: Yes
• Details:
  • Previously, Victoria offered a AUD$3,000 rebate on EVs under AUD$68,750.
  • Currently, residents receive a AUD$100 discount on registration annually for driving light or zero-emissions vehicles.

Queensland

• Incentives: Yes
• Details:
  • Previously, Queensland offered a AUD$6,000 rebate for households earning under AUD$180,000 per year purchasing an EV under AUD$68,000 (including GST). Those earning above AUD$180,000 were eligible for a AUD$3,000 rebate on EVs meeting the same criteria.
  • Lower registration fees and reduced stamp duty for electric car drivers.

Australian Capital Territory

• Incentives: Yes
• Details:
  • No stamp duty on hybrids or electric vehicles purchased after July 1, 2023.
  • Lower registration fees on zero-emissions cars
  • Up to $15,000 zero-interest loan for EV purchases under the Sustainable Household Scheme.

South Australia

• Incentives: Yes
• Details:
  • Previously offered a AUD$3,000 rebate on EVs purchased between October 28, 2021 and December 31, 2023.
  • There is a three-year registration fee exemption for zero-emissions cars under AUD$68,750 registered after October 28, 2021, until June 30, 2025.

Tasmania

• Incentives: Yes
• Details:
  • AUD$2,000 rebate for electric car owners registering their new (or second-hand but new to Tasmania) EVs.
  • Offers interest-free loans between AUD$500 and AUD$10,000 under the Energy Saver Loan Scheme for installing home charging systems.

Western Australia

• Incentives: Yes
• Details:
  • AUD$3,500 rebate on brand-new zero-emissions vehicles priced under AUD$70,000 purchased between May 10, 2022 and May 10, 2025.
  • Limited to 10,000 rebates, with over 4,500 already claimed at the time of publishing.

Northern Territory

• Incentives: Yes
• Details:
  • Stamp duty concessions on EVs and plug-in hybrids priced under AUD$50,000.
  • Free registration is available regardless of the age of the EV, including imports and converted vehicles.

How Much is a Second-Hand Tesla in Australia?

The market offers many options for those eyeing a pre-loved Tesla to suit diverse preferences and budgets. Models from MY24 onwards dominate the listings, with prices ranging from the affordable AUD$54,000 for a 2024 Tesla Model 3 Rear Wheel Drive to the high-end AUD$91,263 2024 Tesla Model Y Performance Auto AWD. The cheapest Teslas in Australia are the early Model 3’s, priced at around AUD$34,000.

Certified Pre-Owned Vehicles

Certified Pre-Owned Tesla vehicles present an attractive proposition for budget-conscious buyers. Tesla offers the assurance of quality and reliability backed by a comprehensive inspection process and warranty coverage.

Tesla EV Alternatives

Although the Tesla Model 3 offers one of Australia’s best cost-to-range electric vehicles, other options exist. Right now, the BYD Seal (AUD$49,888 before on-road costs) is the closest competitor, but we’re yet to get behind the wheel of that car so it’s not something we can recommend just yet. The Polestar 2 is also worth considering, as it’s probably the closest thing you’ll get to a Tesla without the Musk name, and the MG4 is worth considering if you’re after a more affordable electric car.

Charging Infrastructure and Home Charging

If this is your first time buying an electric vehicle, let alone a Tesla, it’s critical to consider the charging infrastructure and compatibility to avoid running out of juice.

Charging Infrastructure in Australia

Tesla Superchargers and Destination Chargers are essential for maintaining your vehicle’s charge while on the go. Here are the main ways to charge in Australia:

• Tesla Superchargers: These fast-charging stations are strategically located along major highways and travel routes, offering rapid charging for long-distance trips. Check the availability of Superchargers along your typical travel routes to ensure convenient access when needed.
• Destination Chargers: While Superchargers cater to long-distance travel, Destination Chargers are essential for charging at hotels, restaurants, shopping centres, and other destinations. You can assess the availability of Destination Chargers in areas where you frequently visit or plan to travel to ensure you have reliable charging options at your destinations.
• Third-Party Networks: Although Tesla has its charging network, compatibility with other charging networks, such as Chargefox, EV Networks, and others, is essential. Compatibility with these networks can provide additional charging options and flexibility, especially in areas where Tesla Superchargers may be limited.

Charging Your Tesla at Home

Installing a Wall Connector at home provides a convenient and reliable charging solution for daily use. The Gen 3 Wall Connector, priced at AUD$800, offers versatile indoor/outdoor design, compatibility with single and three-phase power, and up to 75 km of range added per hour. It also features an auto-sensing handle, Wi-Fi connectivity for remote monitoring and control via the Tesla app, and power-sharing capabilities with up to six Wall Connectors.

Installing a Tesla Wall Connector: It’s important to note that a qualified electrician must perform Tesla Wall Connector installation to ensure safety and compliance with local regulations. Consider cable length and warranty coverage when selecting a Wall Connector for your home charging setup.

Driving a Tesla Down Under

When selecting a Tesla model, consider your driving habits, typical travel routes, and charging needs. Also, consider range, battery capacity, and charging capabilities to ensure your chosen model aligns with your lifestyle and charging requirements.

The Tesla lineup in Australia presents an enticing array of options for discerning consumers seeking a blend of performance, luxury, and sustainability. With competitive pricing, generous incentives, and a thriving market for new and pre-owned vehicles, Tesla continues to spearhead the electric revolution Down Under. Whether you opt for the agile Model 3 or the versatile Model Y, each Tesla promises an exhilarating driving experience and a commitment to shaping a sustainable future.