Hyundai Elexio vs Tesla Model 3

What's the difference?

VS
Hyundai Elexio
Hyundai Elexio

$58,990 - $61,990

2026 price

Tesla Model 3
Tesla Model 3

$54,900 - $80,900

2026 price

Summary

2026 Hyundai Elexio
2026 Tesla Model 3
Safety Rating

Engine Type

Not Applicable, 0.0L
Fuel Type
-

Electric
Fuel Efficiency
-

0.0L/100km (combined)
Seating
0

5
Dislikes
  • Slow(ish) DC charging
  • Cabin devoid of buttons
  • Disappearing driver screen

  • No spare tyre
  • FSD unconvincing
  • Average ownership proposition
2026 Hyundai Elexio Summary

There's a hell of a lot riding on the shoulders of the Hyundai Elexio, which is shaping as the brand's best shot to date at taking on Made In China models like the BYD Sealion 7 and Tesla Model Y. 

While the Ioniq family sits atop the EV tree at Hyundai, the Elexio is a very different proposition. It's priced more sharply (the brand is quick to point out that it's only about $8 a week more expensive than a Sealion 7 on a novated lease), and it's the first Hyundai vehicle offered in Australia that's produced in the brand's Chinese factory through its Beijing Hyundai joint venture.

In short, it feels a lot like Hyundai is ready to take on BYD at their own game in Australia.

So, is the Elexio the pick of the Made In China bunch?

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2026 Tesla Model 3 Summary

It’s been in Australia since 2019 and despite the arrival of a comprehensively upgraded version in late 2023, the Tesla Model 3’s once gargantuan popularity has been declining in recent years.

A seemingly never-ending influx of pure-electric alternatives, primarily from China, has eroded the mid-size sedan’s positioning as the go-to, best-value EV choice. 

But to its credit Tesla has again evolved the Model 3 proposition with the introduction of this Long Range Rear-Wheel Drive grade in October last year, at the time positioning it as “the longest-range EV in Australia”.

Since then, Tesla has adjusted the model grade name to Premium Long Range Rear-Wheel Drive.

Some additional tweaks, made in response to customer feedback, also illustrates the EV pioneer’s determination to step up in the face of increasingly fierce competition.

So, does this latest Model 3 do enough to earn a spot on your electric vehicle shopping list? We spent a week behind the wheel to find out.

@carsguide.com.au ‘Dog Mode’ in the Tesla Model 3 is a life-saver for four-legged friends in the summer heat.🐾 #tesla #model3 #ev #cartok #doggosdoingthings ♬ original sound - CarsGuide.com.au
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Deep dive comparison

2026 Hyundai Elexio 2026 Tesla Model 3

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