Automobile

Tesla Model Y prices increased already, Model 3 too

The Tesla Model Y has received a price hike just a week after orders opened in Australia, while the Model 3 has also been slugged with an increase of its own.

The Model Y range now opens at $72,300 before on-road costs, up $3400 from its initial $68,900 price tag announced just a week ago.

The Model Y Performance meanwhile, is now priced at $102,329 before on-roads, including the Luxury Car Tax. That’s an increase of $3640.

We’ve contacted Tesla Australia to confirm if existing orders will be honoured at the previously announced price.

Model 3 prices have also been increased: the base model, for example, is up $1600 to $65,500 before on-roads, though that still slots in under the cutoff for various State and Territory EV incentives.

The Model 3 Long Range is up $3800 to $80,000 list, or $80,619 including LCT, and the Performance is up $2700 to $91,600 list ($95,699 including LCT).

All of the above prices are before on-road costs.

Tesla is still quoting a delivery timeframe of February to May 2023 for the new Model Y, the same timeframe as the Model 3 that comes from the same Shanghai factory.

Originally, customers who ordered a Model Y were advised they’d take delivery in the second half of this year, but this timeframe quickly blew out – indeed, it was already shifting last Friday afternoon, hours after the Model Y configurator came online.

“We’re working on accelerating RHD Model Y production. Didn’t expect demand to be so high!” said Elon Musk on Twitter, replying to a tweet about strong demand for the electric crossover.

The first batch of Model Ys is rumoured to consist of 3000 vehicles, while the second batch is rumoured to consist of 5000 vehicles.

For reference, Tesla sold 4481 Model 3s this year in Australia to the end of May.

The extended wait for the Model Y and the equally long wait time for the Model 3 means your chances of getting a new Tesla in 2022 are effectively nil, unless you had already ordered one.

The Model S and Model X remain off-sale, with Tesla accepting deposits but not offering any information about pricing or delivery timeframes.

As reported earlier today, a new option has appeared in the Model Y and Model 3 configurators for Enhanced Autopilot.

Priced at $5100, it brings the navigate on Autopilot, auto lane-change, auto parking, and Summon functionality to the Model 3 and Model Y without forcing owners to pay $10,100 for the Full Self-Driving Capability (FSD) option.

Without the Enhanced Autopilot or FSD options, the Model Y and Model 3 still feature adaptive cruise, lane-keep assist, and blind-spot assist.

Despite its less popular sedan format, the Model 3 has become far and away Australia’s most popular electric vehicle. It stands to reason the Model Y could perform even better given Australia’s love of SUVs.

In the US, which has a similarly strong appetite for SUVs, the Model Y has overtaken the Model 3 to become the brand’s best seller.

The base Model Y has a claimed 455km of range under the stricter WLTP test cycle and the Performance 514km; those figures are slightly down from the base Model 3 (491km) and Model 3 Performance (547km).

MORE: Everything Tesla Model Y




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