2023 Tesla Model 3 price and specs
Key Points
- Model 3 sedan price reduced, starts from $63,900
- Best-selling EV has up to 602km range
- Sleek aerodynamic body and high-tech minimalist interior
The popular Tesla Model 3 electric sedan has been given a price reduction of up to $3100 as it cuts production costs, supply chains rebound and China moves on from strict COVID-19 health measures.
As the best-selling electric vehicle in Australia in 2022, the Tesla electric car line-up now costs from (before on-road costs):
- Model 3 rear-wheel drive (RWD): $63,900 (down $1600 or 2.4 per cent)
- Model 3 Long Range: $76,900 (down $3100 or 3.9 per cent)
- Model 3 Performance: $89,900 (down $1700 or 1.9 per cent)
However, these prices exclude Tesla’s ordering fee, which is now $400 (up $50) and the delivery charge is $1400 (up $25).
The optional 19-inch Sport wheels are now $400 cheaper, while the Red Multi-Coat paint exterior colour has been lowered by $500.
The Tesla electric car offers up to 602km of claimed WLTP driving range with high-tech minimalist interior, sleek sloping sedan body style, and camera-only active safety assistance systems.
The Model 3 is eligible for select Australian electric car incentives, including the fringe benefits tax (FBT) exemption for fleets and novated leases on the base RWD and mid Long Range variants only.
All models are capable of 11kW AC charging. The single-motor Model 3 RWD has a lithium-iron-phosphate (LFP) battery and can recharge at up to 170kW DC (with no charge limit), whereas the dual-motor Long Range and Performance uses a nickel-cobalt-aluminium (NCA) pack and peaks at up to 250kW DC rates (with a 90 per cent charging limit recommendation).
The Shanghai-made EV goes head-to-head with its Model Y electric SUV twin in the sales charts, and directly rivals EVs such as the Polestar 2, upcoming BYD Seal and slightly larger Hyundai Ioniq 6.
Model 3 Key Specs
Model 3 Price and Models
Model 3 RWD – $63,900 before on-road costs
Model 3 RWD estimated price after incentives:
Model 3 RWD features:
| Battery | 60kWh usable LFP battery |
| Exterior | 18-inch Aero cover alloy wheels |
| LED headlights, daytime running lights and taillights | |
| Power folding, auto-dimming, heated wing mirrors | |
| Matte black window surrounds, side indicators and flush door handles | |
| Electric tailgate | |
| Interior | Black vegan interior with wood decor |
| Electrically adjustable front seats | |
| Heated front and rear seats | |
| Partial premium interior | |
| Dual-zone climate control | |
| Fixed glass roof | |
| Double-glazed front windows | |
| Interior floor mats | |
| Technology | 15-inch central infotainment system and instruments with built-in Google Maps |
| Over-the-air software update capability | |
| 30-day Premium Connectivity trial | |
| Dual Qi wireless charging phone pad | |
| Four USB-C charging ports | |
| 128GB USB for dashcam and Sentry Mode recording | |
| Eight-speaker ‘upgraded’ audio | |
| Tesla mobile app | |
| Safety assist | Tesla Vision Basic Autopilot package |
| Auto emergency braking (AEB) | |
| Lane departure warning and lane-centering assist | |
| Blind-spot monitoring and camera view | |
| Adaptive cruise control ‘Autopilot’ | |
| Reversing camera |
Model 3 Long Range – $76,900 before on-road costs
Model 3 Long Range estimated price after incentives:
Model 3 Long Range adds:
| Battery | 75kWh usable NCA battery |
| Exterior | LED front fog lights |
| Interior | Premium interior |
| Technology | 13-speaker premium audio |
Model 3 Performance – $89,900 before on-road costs
Model 3 Performance estimated price after incentives:
Model 3 Performance adds:
| Battery | 75kWh usable NCA battery |
| Exterior | 21-inch Überturbine wheels |
| Performance brakes with red-painted callipers | |
| Carbon fibre rear spoiler | |
| Lowered suspension | |
| Interior | Aluminium pedals |
| Technology | Track mode |
| Increased top speed to 261km/h (up from 225-233km/h) |
Tesla Model 3 options
- Standard paint – no cost: Pearl White Multi-Coat
- Premium paint – $1500: Solid Black; Midnight Silver Metallic; Deep Blue Metallic
- Red Multi-Coat paint – $2400 (down by $500)
- 19-inch Sport wheels (RWD and Long Range only) – $1800 (down by $400)
- Black and white interior – $1500
- Tesla Mobile Connector trickle charging cable – $550
Enhanced Autopilot – $5100:
- Navigate on Autopilot on highways (assists with lane changing and highway exits)
- Automatic lane change assist
- Automatic parking assist
- Summon (remotely move forwards and backwards)
- Smart Summon (remotely drives to owner)
‘Full Self-Driving Capability’ – $10,100:
- Enhanced Autopilot features
- Traffic light and stop sign control (slows down the vehicle while using adaptive cruise control)
Premium Connectivity – $9.99/month:
- Satellite-view maps with live-traffic lines
- Music and video app streaming
- Remote exterior and interior camera monitoring (via mobile app)
- Karaoke
- Internet browser
Model 3 Warranty and Servicing
The Tesla Model 3 is backed by a four-year/80,000km vehicle warranty and roadside assistance with a different battery warranty depending on the drivetrain variant.
For the base Model 3 RWD, it has a eight-year/160,000km battery warranty, whereas the Model 3 Long Range and Performance are covered for eight-years/192,000km. Tesla promises it’ll keep at least 70 per cent of its battery health over the coverage period.
It adopts a condition-based servicing scheme, meaning the vehicle will notify the owner when its sensors detect it’s time for check-up via the mobile app.
Tesla also recommends a range of specific routine maintenance tasks, including:
- Cabin air filter – every two years
- Tyre rotation, balance and wheel alignment – every 10,000km/if the tread depth difference is 1.5mm or more
- Brake fluid test – every two years
- Air conditioning desiccant bag – replace every four years
- Cleaning and lubricating brake callipers – every 12 months/20,000km (for cars in cold weather regions only)
Model 3 vs Other EVs
Learn more about the Tesla Model 3
🔍 Tesla Model 3 vs. Model Y: Spec comparison
🔌 Tesla Model 3 Charging Guide
💲 How much does it cost to own a Tesla Model 3?
Figures by Danny Thai
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