Tesla Brand Summary

Tesla is an American electric vehicle and clean energy company founded in 2003 by Elon Musk, JB Straubel, Martin Eberhard, Marc Tarpenning, and Ian Wright. The company's mission is to accelerate the world's transition to sustainable energy. Tesla produces and sells electric cars, solar panels, energy storage systems, and related products.

Tesla has been at the forefront of the clean energy revolution, leading the charge towards a more sustainable future. The company's commitment to reducing carbon emissions and creating a cleaner environment has earned it a loyal following and a reputation as a leader in the green energy movement.

Overall, Tesla is a brand that embodies innovation, sustainability, and cutting-edge technology. With a mission to revolutionise the automotive and energy industries, Tesla has become one of the most influential and exciting companies in the world today.

Cars in product range with price range

(Estimated price range as a guide, and is before on-road and government charges)

Tesla Model 3: $59,900 to $91,600

Tesla Model Y: $69,300 to $97,895

Top-selling Tesla Car

Tesla has gained popularity in Australia due to its sustainable approach and innovative technology. Here are the top-selling Tesla cars in Australia:

  • Tesla Model 3: The Model 3 is Tesla's entry-level electric sedan that has become the company's most popular model worldwide. In 2021, according to the Federal Chamber of Automotive Industries (FCAI) of Australia, it has sold over 28,235 units. The Model 3 is also relatively affordable compared to other Tesla models, making it a popular choice for many Australians.
  • Tesla Model S: The Model S is Tesla's luxury electric sedan that offers even greater performance and features than the Model 3. It has sold 5,172 in 2021, according to the Federal Chamber of Automotive Industries (FCAI) of Australia. The Model S is a favorite among Australians who want a high-performance luxury car without compromising on sustainability.
  • Tesla Model X: The Model X is a popular choice for families and those who need extra cargo space. It has sold 4,152 units in 2021.

Overall, Tesla's electric cars have gained a significant following in Australia, thanks to their advanced features, impressive performance, and commitment to sustainability. As the demand for electric cars continues to grow, it's likely that Tesla will remain a top choice for many Australians looking for a more sustainable mode of transportation.

Green car finance for Tesla electric

loans.com.au is an Australian online lender that offers car loans to help customers finance the purchase of their dream car. Tesla cars are one of the many vehicles that customers can purchase with a new or used green car loan. Loans.com.au offers a ‘green’ discount on their green car loans, for customers purchasing an eligible electric vehicle, such as a Tesla.

To check out some of loans.com.au low rate car loans, and get pre-approved quickly for car financing, click here.

How to use a calculator

If you’re considering purchasing a Tesla, you may want to figure out first how much would be your monthly payment to see if you can afford the repayment. An easy way to get an estimate is by using a car loan calculator.

To To use this tool, you simply have to input the loan details such as the loan amount, purchase price of the Tesla, loan term, and the interest rate.

Using a car loan calculator can help you make informed decisions when it comes to financing your Tesla car. By estimating the monthly repayments, you can ensure that you can afford the loan before committing to it, and compare different loan options to find the best one for your needs.

Is balloon payment worth it?

A balloon payment is a large lump sum payment that is due at the end of a car loan term. Balloon payments are often used in car loans to lower the monthly repayments and make the loan more affordable for borrowers.

For example, you took out a car loan for $40,000 with a 5-year loan term and a balloon payment of $10,000. Your monthly repayments would be based on a loan amount of $30,000 ($40,000 - $10,000 balloon payment), which would make the monthly repayments lower than if the balloon payment was not included in the loan.

However, at the end of the 5-year loan term, you would need to pay the $10,000 balloon payment in full, which could be a large amount of money to come up with all at once.

Balloon payments can be a good option for those who are confident they can pay off the large sum at the end of the loan term, or those who plan to sell the car and use the proceeds to pay off the balloon payment. It can also be useful for those who want to have lower monthly repayments during the loan term to free up money for other expenses.

However, it's important to carefully consider the financial implications of a balloon payment before committing to a car loan. It's important to make sure that you have a plan in place to pay off the balloon payment at the end of the loan term to avoid any financial difficulties.

Estimated savings from repayments graph

Your estimated repayments are

$652.86
$45,000
$8,934
$54,841

Calculator assumptions

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FAQS

Yes, Tesla cars are eligible for government incentives in Australia. Some state governments offer additional incentives, such as rebates for purchasing electric vehicles or exemptions from registration fees.

Tesla has a network of Superchargers and Destination Chargers located throughout Australia. Superchargers are typically located along major highways and can charge your Tesla in around 30 minutes. Destination Chargers are located at hotels, resorts, and other destinations and can provide slower charging while you're parked. You can also charge your Tesla at home using a wall connector or standard outlet.

Tesla vehicles come with a New Vehicle Limited Warranty that covers the vehicle for 4 years or 80,000 km (whichever comes first) and a Battery and Drive Unit Limited Warranty that covers the battery and drive unit for 8 years or 160,000 km (whichever comes first) depending on the model and specific component.

The price range for Tesla cars in Australia varies depending on the model and features. As of April 2023, the price range for Tesla cars in Australia starts at around $59,900 for the Model 3 Standard Range Plus and goes up to around $97,895 for the Model Y Plaid.

The range of Tesla cars varies depending on the model and features. The Model 3 Standard Range Plus has a range of around 400 km, while the Model S Plaid has a range of around 837 km. The range can also be affected by driving style, weather conditions, and other factors.