News
Tesla lowers Model 3 price in Australia, making it qualify for rebates
Tesla lowered the Model 3’s price in Australia over the weekend, making the base variant cost AU$59,990 before incentives. With the price drop, the Tesla Model 3 is now eligible for rebates in certain Australian states, like New South Wales and Victoria.
The Tesla Model 3 drive-away prices vary, depending on the Australian state or territory. All the Model 3 drive-away prices Tesla listed in its configurator include additional fees, like the delivery fee. Tesla also included local stamp duty, local registration costs, local CTP, and the local plate fee costs into its calculations.
In general, the price of the Model 3 Standard Range Plus variant seems to fall below a certain price point, making it eligible for incentives in certain areas in Australia.

For instance, in Victoria, the base Model 3 now costs AU$64,968 ($48,591.52 in USD) before savings. With the most recent Model 3 price drop, the sedan’s base variant is eligible for a $3,000 ZEV subsidy in Victoria.
The Victorian Government introduced the subsidy for new zero-emissions vehicles with a Vehicle Subtotal (dutiable value) under $68,740. Victoria’s $3,000 ZEV subsidy is dispensed on a first-come, first-serve basis and is limited to 4,000 vehicle registrations.
In New South Wales (NSW), the base Model 3’s drive-away price is $64,648 ($48,352.18 in USD) before savings. Starting September 2021, customers who purchase new or even used battery electric vehicles or hydrogen fuel cell cars will not pay stamp duty, provided the car they buy is under $78,000 ($58,338.54 in USD). The Tesla Model 3 Dual Motor AWD Long Range in NSW would be eligible for the no-pay stamp duty rebate.
The NSW Government will also offer a $3,000 rebate to the first 25,000 new battery electric or hydrogen fuel cell customers who purchase vehicles less than $68,750 ($51,420.19 in USD).
Queensland and Tasmania also have their own incentives or rebates for new energy vehicles. On top of that, there are federal incentives available that Tesla customers could avail, too.
For instance, there is the luxury car tax rate and thresholds. “The Luxury Car Tax is levied at 33c on each dollar above a certain threshold,” explained Tesla. “For most cars, that threshold is $69,152 in 2021, however for fuel-efficient vehicles including the Tesla Model S, Model X, and Model 3, that threshold is $79,659.”
With a base price that now starts below $60,000, the Tesla Model 3 would likely compete better in Australia’s electric vehicle market. The price drop bodes well for the all-electric sedan, as it is already the country’s most popular EV despite its previous higher price.
Do you have anything to share with the Teslarati Team? We’d love to hear from you, email us at tips@teslarati.com or reach out to me at maria@teslarati.com.
Investor's Corner
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Elon Musk
Tesla is about to make parking in busy lots less stressful than ever
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
News
Tesla starts preparing for Optimus in its smartphone app
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
