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Tesla cuts in-stock Model 3 prices by $2,750 in Australia, adds $2,000 trade-in bonus

By Eve

Tesla is offering up to $2,750 off drive-away prices for in-stock Model 3 vehicles in ACT, Tasmania and Victoria, following a similar $3,000 discount on the Model Y. Customers can stack a $2,000 trade-in bonus, valid until end of 2026. Tesla has sold 41,705 EVs in Australia in the first nine months of the year, with 5,775 being Model 3s.

Why it matters

Price cuts on the best-selling EV in Australia signal intensifying competition in the passenger EV market, which may influence fleet procurement decisions and residual value calculations for charge point operators targeting workplace and destination charging.

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