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News › Tesla cuts the Model Y Performance by $4,500 and discounts cars in stockNews · 5 October 2026

Tesla cuts the Model Y Performance by $4,500 and discounts cars in stock

Why it matters: Stock discounts come and go quickly, so if a Model Y is on your list, ask for the in-stock price, not just the order price. With the BYD Sealion 7 and new Mazda CX-6e both cheaper, there's room to negotiate.

Market

Tesla Model Y in white
Photo: © M 93, CC BY-SA 3.0 de, via Wikimedia Commons. May show an overseas version.

From 1 October the Model Y Performance dropped from $89,400 to $84,900 before on-road costs as supply moves from Germany to Shanghai, though paint is now an extra-cost option. Other Model Y prices are unchanged: $58,900 for the rear-drive Premium, $68,900 for the Long Range AWD (which Tesla says now does 0–100 km/h in 4.3 seconds) and $74,900 for the six-seat Model Y L. From 5 October, Model Ys already in stock were $2,950 off the drive-away price in the ACT, NSW, Queensland, Victoria and Tasmania.

Tesla Model Y running costs ›Model Y vs Mazda CX-6e ›

Source: CarExpert

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How we work it out, and our sources

Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at November 2026; check with the dealer.

  • Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
  • Petrol and diesel: capital-city daily averages from state government price feeds, via FuelRadar, 12 November 2026. Diesel for Hobart, Canberra and Darwin is estimated from the national fall.
  • Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
  • Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
  • Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
  • Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.

Printed from EV Pick Australia · evpick.com.au. Prices and costs are estimates; check with the dealer. © 2026 EV Pick (T. Crouch). For personal use only; not to be copied, republished or sold without permission.

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