Tesla · China · Donald Trump · Engadget
Tesla starts selling Chinese-made Model 3s in Canada at the EV's lowest price ever
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Tesla has lowered the bar for electric vehicle affordability in Canada with the latest Model 3 Premium Rear-Wheel Drive option.
Key facts
- Reintroducing its entry-level sedan in Canada, Tesla's RWD variant for the Model 3 will start at $39,490 CAD, or approximately $29,000
- At the higher end, Tesla also reduced the price of its Model 3 Performance for Canadian customers from $89,000 CAD to $74,990 CAD, or around $55,000
- However, following the Trump administration's tariff campaign, Canada instituted a 25 percent retaliatory tariff on US-made vehicles that led to the $79,990 CAD price tag on the most affordable Model
- It's important to note that the Model 3 Premium RWD option isn't currently covered in Canada's new Electric Vehicle Affordability Program that allows for up to a $5,000 CAD incentive
Summary
At the higher end, Tesla also reduced the price of its Model 3 Performance for Canadian customers from $89,000 CAD to $74,990 CAD, or around $55,000. However, following the Trump administration's tariff campaign, Canada instituted a 25 percent retaliatory tariff on US-made vehicles that led to the $79,990 CAD price tag on the most affordable Model 3 for Canada at the time. In the latest shift, Canada reduced the tariffs on Chinese-made EVs to 6.1 percent, allowing for Tesla to once again ship its EVs made in the Giga Shanghai factory into the country for more reasonable prices.