2024 Tesla Model Y price and specs: Australian wait times and details

Small changes to the 2024 Tesla Model Y have been followed by multiple rounds of price cuts, making the best-selling electric SUV now cheaper than ever in Australia.

The Tesla Model Y’s price has dropped three times since March 2024.

It now starts from $55,900 before on-road costs in base rear-wheel drive (RWD) guise – a $5000 saving on its last update, and a $9500 drop since the slightly refreshed SUV arrived in April.

The mid-level Model Y Long Range’s price was reduced by $8500 throughout April to $69,900 before on-road costs, while the flagship Model Y Performance starts from $82,900 before on-roads – having received a singular $8500 reduction.

Current wait times for the Tesla Model Y are as follows:

Headlining the Tesla Model Y’s changes for 2024 are a new black ‘Gemini’ wheel cover design for the base and Long Range variants, plus three new optional exterior colours.

Unfortunately Australia will miss out on the majority of the updates to the Chinese-delivered Model Y – despite being built in the same Shanghai factory – such as greater range, RGB interior ambient lighting, and a textile dashboard.

A full update to the Tesla Model Y is reportedly due next year, bringing upgrades similar to the recent Model 3 ‘Highland’ facelift.

Pricing

Prices exclude on-road costs.

Drivetrains

Tesla doesn’t openly quote power and torque figures most brands, although it does offer 100km/h sprint times.

The following power figures are drawn from various sources.

Efficiency

Tesla hasn’t confirmed the sizes of the Model Y’s battery packs, though it’s estimated the RWD variant’s power pack is about 60kWh while the Long Range and Performance gain 80kWh batteries.

Dimensions

With storage under the bonnet and in the boot, the Model Y has plenty of space to stow stuff.

Servicing and Warranty

The Tesla Model Y is covered by a four-year, 80,000km warranty in Australia.

The Model Y RWD’s battery is backed by an eight-year or 160,000km warranty, whichever comes first. The Model Y Long Range and Performance batteries are covered for eight years or 192,000km.

During the warranty period, Tesla Australia guarantees the battery will retain a minimum of 70 per cent capacity.

Safety

The Tesla Model Y received a five-star ANCAP safety rating in 2022, based on tests conducted by Euro NCAP.

It scored 97 per cent for adult occupant protection, 89 per cent for child occupant protection, 82 per cent for vulnerable road user protection, and 98 per cent for safety assist.

Standard features include:

• Seven airbags incl. front-centre airbag
• Autonomous Emergency Braking (AEB)
  • Forward, Reverse
  • Car, Pedestrian, Cyclist detection
  • Junction assist
• Blind-spot assist
• Lane keep assist
• Reverse and side view cameras
• Front, rear parking sensors
• Tyre pressure monitoring
• Automatic high-beam
• Intelligent speed limiter

Standard Equipment

There are three members of the local Model Y range.

The base Model Y RWD features:

• 19-inch ‘Gemini’ wheels (now in all black)
• Tinted glass roof
• Power-folding, auto-dimming and heated side mirrors
• Floor mats
• Leatherette interior upholstery
• 12-way power adjustable front seats
• 15-inch touchscreen infotainment system
• 13-speaker audio system
• Wireless charger for two smartphones
• 4x USB-C ports
• 1x USB-A port in the glove box
• Power-adjustable front seats
• Heated front and rear seats
• Heated steering wheel
• HEPA filtration system
• Tesla app connectivity

The Model Y Long Range adds:

• LED fog lights

The Model Y Performance adds:

• 21-inch Uberturbine wheels
• Performance brakes
• Lowered suspension
• Aluminium alloy pedals
• Carbon-fibre spoiler

Options

• 20-inch induction wheels: $2400 (RWD and Long Range only)
• White and black interior: $1500

Enhanced Autopilot ($5100) adds:

• Navigate on Autopilot
• Auto Lane Change
• Autopark
• Summon
• Smart Summon

Full Self-Driving ($10,100) will add (when approved for use on Australian roads):

• Traffic light and stop sign control
• Auto steer on city streets 

Colours

• Pearl White Multi-Coat
• Solid Black
• Deep Blue Metallic
• Stealth Grey (NEW)
• Quicksilver (NEW)
• Ultra Red (NEW)

Pearl White Multi-Coat is offered as standard. Deep Blue Metallic and Solid Black finishes incur a $1500 premium, Stealth Grey is an extra $2300 while Quicksilver and Ultra Red cost an additional $2600.

MORE: Everything Tesla Model Y MORE: Tesla Model Y review