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Tesla cuts Model Y & Model 3 prices in Australia

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Tesla cut the prices of the Model Y and the Model 3 in Australia right after rolling out the Model Y Long Range down under. 

After releasing a stellar delivery and production report in the first quarter, Tesla rolled out the Model Y Long Range to two new markets: Japan and Australia. It isn’t stopping there, though. Recently Tesla also rolled out significant price cuts for the Model Y and Model 3 in Australia. 

Tesla cut the prices of the Model 3 significantly. The Model 3 RWD and Long Range AWD’s prices were reduced by $3,400, while the Performance AWD’s was reduced by $4,420. 

Currently, the Model 3 RWD starts at $60,900 before options. The base Model 3 used to cost $64,300 before Tesla slashed its price in Australia. Tesla’s new price for the Model 3 Long Range starts at $73,900, down from $77,300. Finally, the Model 3 Performance’s price dropped from $91,915 to $87,495. 

Tesla rolled out relatively more minor price cuts to the Model Y RWD and the Model Y Performance AWD compared to the Model 3. Tesla reduced the price of the base Model Y by $400 and decreased the Performance AWD price by $520. It did not change the price of the Model Y Long Range in Australia since Tesla launched the sales of the LR variant on the same day it reduced the prices in the country.

As of this writing, the Model Y RWD starts at $68,900 compared to $69,300 before Tesla’s price reduction. The Model Y Performance AWD now starts at $94,900 instead of $95,300. 

Wedbush analyst Dan Ives believes Tesla will continue to slash prices in the near term. However, Ives predicted that Tesla would cut the prices of vehicles in the United States and China. 

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Tesla FSD earns high praise in South Korea’s real-world autonomous driving test

As per the Korea Expressway Corporation’s report, the FSD test was conducted on December 15, 2025, from 10 a.m. to 6 p.m.

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Credit: Grok Imagine

Tesla’s Full Self-Driving (FSD) has received a bullish assessment from the Korea Expressway Corporation following a real-world autonomous highway driving test. 

A report of the test, shared on Naver Cafe, showed high praise for the system’s safety, capabilities, smooth maneuvers, and confidence.

South Korean highway test

As per the Korea Expressway Corporation’s report, the FSD test was conducted on December 15, 2025, from 10 a.m. to 6 p.m. Four people were in the Tesla that was tested, including the head of the mobility department. All four FSD driving modes were tested, from “Sloth” to “Mad Max.”

To test FSD’s performance, the system was tasked to operate on highways such as Gyeongbu, Cheonan, and Cheonan-Nonsan, as well as city areas in Dongtan New Town, Sejong Special City, and Daejeon Metropolitan City, among others.

Since FSD is only available for the Tesla Model S and Model X that are imported to South Korea from the United States, the system was not tested in a Model 3 or Model Y, which comprise the majority of Teslas on the country’s roads today. 

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Highway test results

Results showed FSD performing well, both in inner-city roads and on highways. In inner city roads, the testers noted that FSD was capable of autonomous driving at a level that already exceeds that of general human drivers, except in very few areas, such as unprotected left turns and work zone intersections. 

In highways, the testers described FSD’s performance as “excellent,” though the system still showed frequent cases of violations in local bus lanes and max speed limit rules. These, however, could hopefully be addressed by Tesla in a future FSD update without many issues. The testers also noted that in some parts of the test, FSD seemed to be driving autonomously in accordance with traffic flow rather than strict traffic rules.

테슬라 Fsd 고속도로 자율주행 테스트 결과 보고 by Simon Alvarez

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Tesla claims nearly 20% market share as Norway sets new car sales record

Tesla captured roughly one in five new cars in Norway, highlighting its dominance in the world’s most EV-friendly market.

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Credit: Grok Imagine

Norway shattered its all-time new car sales record in 2025, and Tesla emerged as the clear winner. A year-end rush ahead of higher EV taxes pushed registrations to nearly 180,000 vehicles, with electric cars accounting for 96% of sales. 

Tesla captured roughly one in five new cars in Norway, highlighting its dominance in the world’s most EV-friendly market.

Norway’s EV rush

As noted in a CarUp report, Norway’s electric vehicle sales in 2025 surged, thanks in part to buyers rushing ahead of a post–new year VAT increase of roughly 50,000 kronor on many new electric cars. This ended up pulling demand forward and setting a national record with almost 180,000 registrations in 2025.

The result was unprecedented. From the vehicles that were sold in 2025, 96% of new cars sold were fully electric. And from this number, Tesla and its Model Y made their dominance felt. This was highlighted by Geir Inge Stokke, director of OFV, who noted that Tesla was able to achieve its stellar results despite its small vehicle lineup.

“Taking almost 20% market share during a year with record-high new car sales is remarkable in itself. When a brand also achieves such volumes with so few models, it says a lot about both demand and Tesla’s impact on the Norwegian market,” Stokke stated.

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Tesla domination

Tesla led all brands in Norway with 34,285 registrations, which is equal to a 19.1% market share. These results place Tesla well ahead of Volkswagen and Volvo, which held a 13.3% and 7.8% market share in 2025, respectively. 

On the model chart, Tesla’s strength was even clearer. The Tesla Model Y topped all vehicles with 27,621 registrations, accounting for 15.4% of the entire market. The Tesla Model 3 also ranked among the top five, accounting for 3.7% of Norway’s entire auto sales in 2025.

Other strong performers included Volkswagen’s ID.4 and ID.7, Toyota’s bZ4X, which commanded 4.9%, 3.9%, and 4.1% of Norway’s total sales in 2025, respectively. 

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Tesla China sees 2nd-best month ever by selling 97,171 vehicles wholesale in December

The results mark Tesla China’s second-highest monthly result on record, trailing only November 2022’s 100,291 units.

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Credit: Grok Imagine

Tesla posted a sharp year-end rebound in China last month, with December’s wholesale figures climbing to their second-highest level to date.

The surge capped a late-year recovery for the electric vehicle maker, even as full-year wholesale figures still finished lower year over year. Still, the data highlights how Tesla China’s offerings still resonate with customers in the world’s most competitive electric vehicle market. 

Tesla China’s December surge

Tesla China sold 97,171 vehicles wholesale in December, as per data from the China Passenger Car Association (CPCA). The results mark Tesla China’s second-highest monthly result on record, trailing only November 2022’s 100,291 units, based on data compiled by CNEVPost. The details of Tesla China’s December results, such as its domestic sales and exports, are yet to be released. 

December’s wholesale results represent a 3.63% increase from the same month last year and a 12.08% jump from November’s 86,700 units. It also marked the second consecutive month of year-over-year growth, signaling renewed momentum in China. 

Tesla’s late-year momentum is believed to be partly driven by Tesla pulling deliveries forward to allow buyers to take advantage of more favorable purchase tax policies before the calendar year ended. That strategy helped boost monthly performance even as competition in China’s EV market remained intense.

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Tesla China’s FY 2025 volumes

Despite the strong December finish, Tesla China’s wholesale sales declined on an annual basis. The electric vehicle maker’s total wholesale figures for 2025 reached 851,732 units, down 7.08% year over year. This could have been due to a variety of factors, from intense competition in the domestic Chinese market to Giga Shanghai’s changeover to the new Model Y in the early part of the year. 

Tesla Gigafactory Shanghai continues to play a central role in its global operations, producing the Model 3 sedan and Model Y crossover for both Chinese customers and export markets. The efficiency of Gigafactory Shanghai has allowed it to become Tesla’s largest factory by volume, as well as the company’s primary vehicle export hub. 

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