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Tesla reduced the price of its Model 3 sedan recently, but the American brand has decided to increase costs again by $400
Tesla Australia has increased the prices of its Model 3 sedan and Model Y midsize SUV, just weeks after it lowered prices by up to $3100.
But as of late February 2023, the Model 3 is now $400 more expensive, now starting from $64,300 before on-road costs for the base rear-wheel drive variant.
For a dual-motor, prices now start at $77,300 before on-road costs for the long range variant, while the flagship performance dual-motor now costs $90,300 before on-road costs.
Despite the increase, Tesla has positioned its Model 3 cheaper than Hyundai’s Ioniq 5 which starts from $72,000 before on-road costs for the Dynamiq rear-wheel drive.
The flagship Ioniq 5, the Epiq all-wheel drive, costs $85,000 before on-road costs, more than $5000 cheaper than the Tesla Model 3’s flagship performance variant.
The entry-level Model 3 rear-wheel drive is fitted with a 57.5kWh usable battery pack that can provide up to 491km of range (WLTP).
The rear-mounted electric motor produces 208kW/420Nm and is capable of accelerating to 100km/h in 6.1 seconds.
The long range dual-motor variant uses a larger 75kWh usable battery pack that allows for an estimated driving range of 602km (WLTP). Power and torque for this model is rated at 366kW/493Nm.
The flagship Model 3 Performance uses the same 75kWh battery pack as the long-range, but boosts power and torque outputs up to 393kW/660Nm.
All prices listed are before on-road costs.
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