Tesla Model Y Performance in Canada gets 4,300 CAD price drop

Tesla Canada listed a CAD 4,300 (USD 3,188) price drop for the Tesla Model Y Performance version. This new price drop makes the EV eligible for a Federal iZEV rebate of $5,000 with a new reduced price cap.

Based on the adjustments, the Tesla Model Y Performance is now priced at CAD 69,990 which is down from $74,290. The rebate program could take the vehicle down up to $60,990.

The latest changes in price follow Tesla’s cut in the other two versions of Model Y in Canada. Last week, Tesla slashed rear-wheel drive (RWD) and long-range versions by a similar amount of 4,000 Canadian dollars.

The Model Y RWD starts at CAD 53,990 from CAD 57,990. The long-range version is priced at CAD 63,990 from CAD 67,990.

The new price tag on the long-range version enables a $7,000 Quebec provincial rebate. The Model Y RWD is now priced as low as CAD 41,990 with both of these rebate programs.

With these changes new changes the purchase prices of Tesla Model Y in Canada are now the following:

• Model Y RWD – $53,990
• Model Y Long Range – $63,990
• Model Y Performance – $69,990

Incentives:

Canadian EV buyers are eligible for both Federal and Provincial incentives. Individuals and businesses can get up to CAD 5,000 for the purchase or lease of new EVs.

Cars with an MSRP of $55,000 or below are eligible for this rebate and high-priced trims of up to a maximum MSRP of $65,000 may also be eligible for federal incentives.

Station wagons, SUVs, and Trucks with MRSP under $60,000 are eligible which may exceed $70,000 for higher-priced trims.

(via – Teslanorth)