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Tesla slashes Model 3 & Model Y prices after Cybertruck cancellation

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Tesla has announced some sizeable discounts on its Model 3 and Model Y in Australia, shortly after confirming that the Cybertruck will no longer be coming to the market. It isn’t quite a replacement for the electric truck, but it does make Tesla’s more conventional EVs considerably more tempting.

The company is offering discounts of up to $4,050 on eligible new Model 3 and Model Y vehicles currently in stock. Some demonstrator cars are also available with additional savings, while eligible buyers can receive a trade-in bonus of up to $2,000.

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There are a few catches. The offer applies only to selected vehicles, with the Model Y Performance and entry-level Model 3 Rear-Wheel Drive excluded from the discounts.

Customers must order and take delivery of an eligible vehicle by December 31, 2026, to qualify. Used-car purchases and business, fleet, rental and government buyers aren’t eligible.

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For trade-ins, the vehicle must be registered and legally drivable.

Source: Drive

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