Tesla introduced purchase incentives in Australia to stimulate sales of the Model 3 sedan and Model Y SUV. The initiative offers a trade-in bonus for both models.

The Model 3 receives a $3,000 bonus. The Model Y SUV receives a $2,000 bonus.

The offer applies only to new and demonstrator vehicles currently in Tesla's inventory. These vehicles must be equipped with the Full Self-Driving (Supervised) software package. The sales initiative remains effective until March 31, 2026.

This promotion appears designed to clear existing stock. Analysts have not yet provided significant market reaction analysis for the regional promotion.