Now all of those price increases have been erased and the LR is back to its original price of $69,990, a drop of 21%. The Model Y has been through several successive price increases over the last couple of years, bringing the LR variant up to $85,000. When they were removed from the Design Studio they were priced at $76,990, so this appears to be about a 13% price cut. UPDATE 9:08pm PT: There are some LR vehicles in existing inventory, which are now priced at $67,990. The Long Range variant is still not available to order. The Performance variant also saw a price cut, now down 15% from $83,990 to $72,990. UPDATE January 13 10:07am PT: Transport Canada’s website has been updated and the Model 3 RWD is now listed as eligible for the iZEV incentive as of today. Transport Canada’s list of eligible vehicles does not include the Model 3 RWD, but we expect this to be updated soon. Tesla’s website still says that none of their vehicles are eligible for the federal incentive, but does list the MSRP on its Incentives page as $54,990. However during that time Transport Canada also updated the program requirements and increased the threshold from $45,000 to $55,000, meaning the Model 3 RWD is once again eligible for the iZEV incentive. Until tonight the entry-level variant was still priced at $59,990, but now that price has been reduced to $54,990, putting it below the iZEV threshold. Since it was no longer under that threshold Tesla also removed the software-limited 151km variant priced under $45,000, which allowed the RWD variant to also qualify under the program’s rules. Late in 2021 Tesla increased the price of the Model 3 RWD to $59,990, putting it above the $55,000 threshold for the $5,000 iZEV incentive in Canada. While it wasn’t the biggest price cut, the most important price cut goes to the Model 3 Rear-Wheel Drive (RWD) variant as it now falls below the threshold for the $5,000 iZEV incentive. Compare Standard and Premium Digital here.Īny changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel.Tesla has updated their website with huge price cuts for all of their vehicles in Canada on Thursday night. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion. During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages.
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