The Tesla Model 3 Performance remains the fastest electric car in Australia.

The Tesla Model Y has become the best-selling electric car globally since its 2020 release.

In Australia, the 2024 Model Y has experienced price reductions, especially for the Rear-Wheel Drive variant.

The upcoming mid-life update for the Model Y, called Project Juniper, is expected to include design elements from the Model 3 Highland.

Project Juniper may feature upgrades to the cabin, battery, and drivetrain.

The Model Y Juniper is likely to be released in 2026, adhering to Tesla's six-year refresh cycle.

Recent price cuts for the Model Y suggest potential softening demand as consumers consider the updated Model 3 or await the Juniper update.

Model Y pricing excludes additional costs like on-road fees and Luxury Car Tax for the Performance variant.