Browse over 9,000 car reviews

Trending News

Drastic 2024 Tesla Model Y price cuts bring medium electric SUV back below Hyundai Ioniq 5

That’s a fair chunk off: 2024 Model Y sheds up to $9120 from its price!

The 2024 Tesla Model Y has arrived in Australia with a few small changes and serious price cuts. 

Reductions are handsome with the Standard Range down to $63,900 (-$1500), the popular Long Range AWD at $72,900 (-$5500) and the Performance now $82,900 (-$9120), all before on-road costs.

The latest price cut sees the Model Y reclaim the cheapest electric medium SUV accolade from the Hyundai Ioniq 5 Standard Range ($64,500, before on-road costs). It also drops the Performance below the luxury car tax threshold.

There are new paint colours and 19-inch ‘Gemini’ standard-fit alloy wheels for us, but the cloth-appointed dashboard and multi-colour ambient lighting added to Chinese market models last year are absent. 

'Stealth Grey' ($2300), 'Quicksilver' ($2600) and 'Ultra Red' ($2600) are the fresh colours on the palette bringing the total choice to seven hues. Driving range (from 455km-533km WLTP) and performance are unchanged. 

The Chinese market Model Y Standard Range is reportedly one second quicker to 100km/h, but Aussie electric SUVs remain at 6.9 seconds for the sprint.

China market Model Ys get a tactile cloth topping for the dash but it's not coming to Oz.

Tesla lists the 2024 Model Y as available now on its website. The Model 3 Long Range was also subjected to a $1000 price cut, but the base Standard Range retains its $61,900 before on-road costs price.

The American electric carmaker may not be meeting targets globally, but in Australia the Model Y continues to be a stellar sales performer, out-delivering the Toyota HiLux ute last month.

Variant

Prices (before on-road costs)

Model Y Standard Range

$63,900 (-$1500)

Model Y Long Range AWD

$72,900 (-$5500

Model Y Performance AWD

$82,900 (-$9120)

 

John Law
Deputy News Editor
Born in Sydney’s Inner West, John wasn’t treated to the usual suite of Aussie-built family cars growing up, with his parents choosing quirky (often chevroned) French motors that shaped his love of cars. The call of motoring journalism was too strong to deny and in 2019 John kickstarted his career at Chasing Cars. A move to WhichCar and Wheels magazine exposed him to a different side of the industry and the glossy pages of physical magazines. John is back on the digital side of things at CarsGuide, where he’s taken up a role as Deputy News Editor spinning yarns about the latest happenings in the automotive industry. When he isn’t working, John can be found tooling around in either his 2002 Renault Clio Sport 172 or 1983 Alfasud Gold Cloverleaf.  
About Author
Trending News

Comments