Tesla Model 3 vs Mazda MX-5

What's the difference?

VS
Tesla Model 3
Tesla Model 3

$54,900 - $80,900

2026 price

Mazda MX-5
Mazda MX-5

$40,990 - $54,785

2024 price

Summary

2026 Tesla Model 3
2024 Mazda MX-5
Safety Rating

Engine Type
Not Applicable, 0.0L

Inline 4, 2.0L
Fuel Type
Electric

Premium Unleaded Petrol
Fuel Efficiency
0.0L/100km (combined)

6.9L/100km (combined)
Seating
5

2
Dislikes
  • No spare tyre
  • FSD unconvincing
  • Average ownership proposition

  • Compromised as a daily driver
  • Tan Nappa leather only in Automatic
  • Nearing the end of its life :(
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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2024 Mazda MX-5 Summary

It's not often a car is elevated to 'icon' status, cars like the VW Beetle, Porsche 911, Toyota LandCruiser or Ford Mustang - but the Mazda MX-5 has quietly been the best choice for keen drivers who don't want to break the bank with a big sticker price or costly maintenance.

The ND MX-5 has been around since 2015, and while it’s been praised as a return to the original, simple formula of the NA MX-5 from the late 80s and early 90s, it’s getting close to a decade old.

So, a little refresh with some new tech and a mechanical tweak is here to make the roadster feel like a playful pup once more.

And what better place to test that out than a combination of the winding roads of the Adelaide Hills wine region, paired nicely with a main course of track driving at The Bend Motorsport Park?

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Deep dive comparison

2026 Tesla Model 3 2024 Mazda MX-5

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