2027 Tesla Model Y Performance cut by $4500 in Australia as supply shifts to China
Tesla cut the MY27 Model Y Performance price in Australia and New Zealand, citing a supply shift from Germany to Shanghai to reduce costs, alongside minor feature updates (eg, Powershare) and performance/range tweaks on other trims. The move signals margin and demand-management dynamics amid higher interest rates and strong EV sales, with potential near-term sensitivity in Tesla equity to pricing and cost-structure implications.
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Tesla has cut the 2027 Model Y Performance by $4500 in Australia, dropping the starting price to $84,900 before on-road costs, while New Zealand pricing falls to NZ$95,900. The reduction follows a switch in local Performance shipments from Germany to Tesla’s Shanghai, China factory as the company looks to lower costs. The update also brings minor specification changes including the arrival of Powershare, with orders opening October 1, 2026.