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Australia’s best electric car bargain? 2023 Tesla Model Y price and specs reveal how much you’ll pay and how long you’ll wait for the new Hyundai Ioniq 5 and Kia EV6 competitor

Australia's best electric car bargain?  2023 Tesla Model Y price and specs reveal how much you'll pay and how long you'll wait for the new Hyundai Ioniq 5 and Kia EV6 competitor

Tesla Australia has announced pricing for its highly anticipated Model Y all-electric SUV, which competes directly with the sold-out Hyundai Ioniq 5 and Kia EV6.

The base model Y rear-wheel drive (RWD) starts from $68,900 before on-road costs and is located $5,000 north of the entry-level Model 3 sedan ($63,900).

The top-spec Model Y Performance AWD also gets the same $5,000 fine over the equivalent Model 3, priced at $93,900.

Read more about the Tesla Model Y

There is no mid-tier Long Range AWD variant of the Model Y available, unlike the Model 3 with a price tag of $76,200.

Tesla also charges a $1375 delivery fee and a $350 order fee for all cars purchased, while local stamp duties, registration fees and — in the case of the Model Y Performance — luxury car taxes also apply.

This makes the entry-level Model Y cheaper than the Hyundai Ioniq 5 (starting at $71,900), but slightly more expensive than the Kia EV6 (starting at $67,990).

The Model Y’s standard equipment includes a 62.3 kWh battery that provides a WLTP-tested range of 455 km.

With the drive being sent to the rear wheels, the base model Y accelerates from 0 to 100 km/h in 6.9 seconds, while reaching a top speed of 217 km/h.

Wheels fitted are 19 inches as standard, while buyers are also treated to a black vegan leather interior, glass roof, electrically adjustable and heated front seats, heated steering wheel, second-row fold-down seats and interior power tailgate.

Optionally, a white vegan leather interior is also available.

For multimedia tasks is a 15-inch touchscreen multimedia system with satellite navigation, wireless smartphone charger and a sound system with 13 speakers.

With storage space in both the trunk and trunk, the Model Y has up to 2158 liters of storage space.

For safety, the Model Y comes standard with a base version of Tesla’s ‘Autopilot’ system that enables adaptive cruise control, autonomous emergency braking, blind spot monitoring and a surround-view camera, while ‘Full Self-Driving Capability’ can be an option for $10,100. which bundles automatic parking, the call function of the brand, automatic lane change and traffic sign and stop sign control.

By switching to the Performance variant, the driving range is increased to 514 km, the time from 0-100 km/h is reduced to 3.7 s and the top speed is increased to 250 km/h thanks to a larger battery of 82 ,8 kWh.

The wheels also increase in size to 21 inches, while lower suspension, aluminum pedals and performance brakes are also added as standard.

Local power and torque figures have yet to be revealed for Model Y, but if it follows the Model 3, the base car will produce 190 kW/375 Nm, while performance should be good at 353 kW/639 Nm.

The Model Y RWD is expected between August and November this year, while the Performance is expected between November 2022 and February 2023.

Prices Tesla Model Y 2023 excluding road use costs

Variant Transfer Cost
RWD automatically $68,900
Performance AWD automatically $93,900