Tesla has recently adjusted the prices of its entire vehicle lineup in Canada to align with price reductions in other global markets. This strategic move aims to stimulate demand during challenging economic times, reflected in the automaker’s recent Q1 earnings report below Wall Street expectations.
Here are the updated prices and discounts for Tesla’s different models:
– Model 3: Both trims are now eligible for a $5,000 federal iZEV rebate and provincial rebates.
– Model Y: All trims of the Model Y also qualify for the $5,000 federal iZEV rebate and provincial rebates.
– Model S:
– Model X:
Despite facing economic pressures affecting the auto industry worldwide, Tesla remains resilient. The company plans to ramp up production of more affordable models while focusing on advancements in AI and robotaxi technologies.
In an exciting development this week, Tesla introduced the new Model 3 Performance. This upgraded version of the popular electric sedan starts at $69,990. Additionally, the Model Y Performance edition is priced $1,000 lower than its counterpart (and qualifies for federal rebates).
Stay tuned for more updates from Phones Canada as we continue to bring you the latest news and insights from the telecommunications industry.