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Major price cut for the Tesla Model 3: Standard Range Plus now $59,900 as Tesla becomes one of the cheapest EV brands in Australia

The Tesla Model 3 has never been cheaper.

The Tesla Model 3 has never been cheaper in Australia, with prices dropped by a staggering $7000 to put the American brand's cheapest EV more in reach than ever before.

If you combine this latest drop with Tesla's earlier price cuts, the Model 3 is now almost 20 per cent cheaper than it was at the beginning of 2020.

But in real terms, it means the cheapest Model 3 - the Standard Range Plus - is now $59,900 plus on-road costs, and that's before any state-specific EV subsidies are factored in.

For reference, the Hyundai Kona Electric starts from $62,000, the Nissan LEAF e+ is $60,490, and the Mazda MX-30 Electric is $65,490.

The Model 3 SR+ is quite a lot of EV for your money, too, with a 508km (NEDC) driving range, and a sprint to 100km/h of just 5.6 seconds.

Stepping up the Model 3 family, the Long Range is now listed at $73,400 (MSRP), while the Performance is now $84,900 plus on-roads, or $86,629, including Luxury Car Tax of $1729. There are other delivery charges Tesla apply, too, which total around $1500.

Still, it has never been easier - or cheaper - to climb behind the wheel of Tesla's most popular EV.

Andrew Chesterton
Contributing Journalist
Andrew Chesterton should probably hate cars. From his hail-damaged Camira that looked like it had spent a hard life parked at the end of Tiger Woods' personal driving range, to...
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