The Tesla Model 3 has received its second price cut within a month, with a $3000 discount now applied to the popular electric sedan.
Following price cuts in overseas markets overnight, Tesla has slashed $3000 from the list price of the Model 3 rear-wheel drive (RWD) and Long Range AWD in Australia.
Priced from $58,900 before on-road costs, the Tesla Model 3 RWD is now just $1500 dearer than the lowest price of the pre-update model, which occurred in the weeks prior to the facelifted sedan’s local arrival in late 2023.
Stream Supercars and more motorsport action live and free on 7plus 
The Tesla Model 3 Long Range AWD now starts from $67,900 before on-road costs, a $4000 saving on when the facelifted variant went on sale last year.
Tesla has revealed and priced the Model 3 Performance for Australia. For more, check out our coverage here.
The $3000 price cut has also been applied to the same grades of the Tesla Model Y SUV, which has been detailed here.
According to Tesla’s Australian website, if you order a Model 3 now you can expect delivery between now and June.
The brand has yet to announce a timeline for the overseas or local launch of the new Tesla Model 3 Performance, despite the flagship variant being leaked multiple times in recent weeks.
Between January and March 2024, Tesla sold 5954 Model 3s in Australia, trailing the 6835 Model Ys it sold – though the sedan was held up due to a non-compliance fault which has subsequently been resolved.
MORE: Everything Tesla Model 3MORE: 2024 Tesla Model 3 price and specs