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Tesla Model Y will get $1,000 price increase on March 15 in Canada

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Tesla Model Y

Tesla Canada today announced that it will increase $1,000 on Model Y rear-wheel drive (RWD) and long-range all-wheel drive (AWD) on March 15, 2024.

With this addition, the price will change as the following:

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  1. RWD will price $54,990 (from $53,990)
  2. RWD will price $64,990 (from $63,990)

Meanwhile, Model Y Performance remains unchanged at $69,990.

Over the past two months, Tesla has slashed $4,000 on all three variants of Model Y.

The Model Y RWD was previously declined at $53,990 from $57,990. The long-range version changed the price to $63,990 from $67,990. The performance version lowered its price from $74,290 to a new $69,990.

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Tesla has been making changes in its car prices to sell more units in the country. However, the latest change is a good opportunity for customers who want to buy these two models before the price climb.

Tesla Model Y RWD has 394 kilometers of EPA range, 217 kilometers per hour top speed, and 6.9 seconds 0 to 100 km/h acceleration.

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The AWD on the other hand has 497 kilometers of EPA range, 217 km/h top speed, and 0 to 100 kilometers per hour in 5 seconds.

Tesla Model Y is eligible for federal iZEV incentives for up to $5,000 and there are also provincial incentives that could take the price down further.

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Tesla Model Y $1,000 increase Canada

Tesla increasing $1,000 on Model Y in Canada starting March 15, 2024 (Image Credit – Tesla)

Note: All of the prices are mentioned in Canadian dollars.

Timothy started learning about game development and electronics at the age of 17. After involvement in different projects, he switched to Android app development and began pursuing smart hardware mechanics. Later on, he became fond of writing and tech journalism. Timothy covers major topics about internet personality, business, EV, Space, Social Media, and more. He loves to watch survival videos and try to find out new facts about the ocean and animals.