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Tesla Model 3 Pricing in Canada Maxes Out at $74,000 [Specs Roundup]

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Tesla finally released details of their highly anticipated Model 3, at an event Friday evening, handing out keys to the first 30 production cars, which consisted of vehicles for employees (CEO Elon Musk received the first car).

Tesla model 3 pricing specs

The company also revealed final specs for two available Tesla Model 3 configurations, Standard and Long Range.

Let’s take a look at specs for the Model 3, which is made from steel and aluminum. We’ve converted imperial measurements to metric and U.S. dollars to Canadian for ease of reference:

Standard

  • $35,000 USD ($43,517 CAD)
  • 220 miles range (352km)
  • 5.6 sec 0-60 mph (0-96 km)
  • 130 mph (208 km) top speed
  • Home charging rate: 30 miles (48 km) of range per hour (240V outlet, 32A)
  • Battery warranty: 8 years/100,000 miles (160,000 km)
  • Vehicle: 4 year / 50,000 (80,467 km) mile limited warranty
  • Deliveries: starting Fall 2017

Long Range

  • $44,000 USD ($54,707 CAD)
  • 310 miles range (499 km)
  • 5.1 sec 0-60 mph (0-96 km)
  • 140 mph (225 km) top speed
  • Home charging rate: 37 miles (60 km) of range per hour (240V outlet, 40A)
  • Battery warranty: 8 years/120,000 miles (193,121 km)
  • Vehicle: 4 year / 50,000 (80,467 km) mile limited warranty
  • Deliveries: starting July 2017

Electrek was one of many press outlets that attended the Model 3 event and were provided specs and extra options of the Tesla 3, listed below:

Interior

  • 15” touchscreen display
  • Dual zone climate control system
  • FM/Internet streaming radio
  • Textile seating
  • Front Center console with open storage and two USB ports

Model 3 dashboard head on view1

Convenience

  • Onboard maps and navigation
  • Wi-Fi and LTE internet connectivity
  • Keyless entry and remote climate control using the Tesla app
  • Voice activated controls
  • Bluetooth hands-free calling and media streaming
  • 60/40 split folding rear seat to maximize cargo options
  • Back-up camera
  • Auto dimming rear-view mirror
  • One-touch power windows throughout
  • Power-adjustable side mirrors
  • 12-volt power outlet

As for safety, the event showed the Model 3 beating out the Volvo S60 in a side impact test, with Musk saying “In the Model 3, you’re fine,” adding “The Volvo is wrapped like a burrito around a coat hanger. It’s not good.” Well played, Elon.

Safety

  • Full LED exterior lighting
  • Seven cameras, forward radar and twelve ultrasonic sensors enabling active safety technologies including collision avoidance and automatic emergency braking
  • Six front row and two side curtain airbags
  • Three-point safety belts with belt-reminders for driver and four passengers
  • Two LATCH (Lower Anchors and Tethers for Children) attachments in second row
  • Electronic stability and traction control
  • Four-wheel antilock disc brakes with electronic parking brake
  • Child safety locks
  • Anti-theft alarm system
  •  Tire pressure monitoring system

Extra Options

Long Range Battery – $9,000 USD ($11,190 CAD)

  • Supercharging rate: 170 miles (274 km) of range per 30 minutes

Paint – Solid Black is Standard

  • Deep Blue Metallic: $1,000 USD ($1,243 CAD)
  • Silver Metallic: $1,000 USD
  • Pearl White Multi-Coat: $1,000 USD
  • Red Multi-Coat: $1,000 USD

Wheels – 18” Aero is Standard

  • 19” Sport: $1,500 USD ($1,865 CAD)

Premium Upgrades Package – $5,000 USD ($6,216 CAD)

  • Premium heated seating and cabin materials throughout, including open pore wood décor and two rear USBs
  • 12-way, power adjustable front seats, steering column and side mirrors, with custom driver profiles
  • Premium audio system with more power, tweeters, surround speakers and subwoofer
  • Tinted glass roof with ultraviolet and infrared protection
  • Auto dimming, power folding, heated side mirrors
  • LED fog lamps
  • Center console with covered storage and docking for two smartphones

Enhanced Autopilot – $5,000 USD ($6,216 CAD)

  • Match speed to traffic conditions, stay within a lane, automatically change lanes, transition from one highway to another, exit the highway and self-park at destination.

Full Self-Driving Capability – $3,000 USD (requires Enhanced Autopilot); $3,730 CAD

  • Autonomous driving in the future with no human interaction needed
  • Dependent upon extensive software validation and regulatory approval by region

CEO Elon Musk told reporters ahead of its event, “We’re going to go through at least six months of manufacturing hell,” saying 10,000 unique components make up each Model 3, and if any supplier hits a bump, it affects final production. About 70 per cent of parts come from NAFTA countries, with the remaining from elsewhere, said the CEO.

At its Fremont factory, Musk said “In the same amount of space that it takes to build 50,000 Model Ss, we can build 250,000 Model 3s,” according to Ars Technica. The goal is to manufacture 500,000 Model 3s per year, with predictions 50,000 cars will hit the streets in 2018.

The CEO said (via Bloomberg) “We finally have a great, affordable, electric car—that’s what this day means,” adding “I’m really confident this will be the best car in this price range, hands down. Judge for yourself.”

Electric vehicle range

Image via Bloomberg

Tesla Chief Designer Franz von Holzhausen—he designed the Model S, X and 3—told Bloomberg, “The interior is nothing like any other car out there,” adding “When you get in the car, how does it feel? When you see the car, how does it make you feel? When you drive the car, what does it inspire in you?”

Ars says both Standard and Long Range have different batteries—so you won’t be able to “software unlock” an upgrade in the future, like on existing Model S and X models. The Model 3 uses newer, larger battery cells versus Model S and Model X:

But both cars use 2170 cells in the battery—that is, the cells are slightly bigger than those found in the Model S and X at 21mm by 70mm, and they can deliver almost twice what the current 18650 cells deliver to the Model S and X in terms of current. The pack itself is also more integrated with the charger and the rest of the car in its build.

Other Model 3 tidbits:

  • Door handles: push in on left, and pull from the right
  • No key: uses your smartphone Tesla app; NFC keycard provided to put in your wallet to give to valet or if you lose your iPhone/Android #dudewheresmyiphone
  • Vents are integrated into the dash and controlled by touchscreen

According to Musk, there are “over half a million” Model 3 reservations put down, at $1,000 a pop ($500 million bucks).

How does the Model 3 handle in a test drive? Here’s what Electrek had to say:

As for the driving experience itself, it felt a lot like a Model S 60 with a 0-60 acceleration of 5.1 seconds.

Despite being about 1,000 pounds lighter than the Model S, it felt very solid with sharp handling, especially in “sport” steering mode. It benefits from the same architecture as its predecessors with the battery pack laying flat close to the ground between the axles.

I honestly didn’t have enough time with the car to form a valuable opinion on the driving experience, but my first impression is that it feels solid for a vehicle of its size and again, very comparable to the base Model S in term of driving.

While Canadian specific pricing is not available yet, if we factor in just the exchange rate alone, here’s what it would cost for a maxed out Tesla Model 3 ‘Long Range’ configuration, in Canadian dollars:

  • Long Range: $54,707 (+$11,190 upgrade over Standard)
  • Metallic paint: $1,243
  • 19” Sport wheels: $1,865
  • Premium package: $6,216
  • Enhanced Autopilot: $6,216
  • Full self driving capability: $3,730
  • Total before taxes/credits: $73,977 CAD

Tesla’s website says new Model 3 reservations in Canada have a delivery estimate of mid-2018 or later.

A new Tesla Model S with 75 kWh battery starts at $113,100 CAD, a nearly $40,000 difference.

Is the Model 3 the most affordable Tesla right now? Maybe in the U.S., but the Canadian dollar isn’t helping. If you’re buying a Tesla, you’re buying it for their autopilot technology and charging network, something rivals have yet to catch up on.

Below is the full Model 3 event, where Musk thanked everyone for believing in the company and putting down money for reservations:

Who’s buying a Model 3?

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  • It’s Me

    When you guys are quoting CAD, are you just converting from USD yourself or are those prices that tesla has set for Canada? The reason I ask is that if you just convert GM’s price for the Bolt it would be much higher than the actual Canadian price (or at least that was the case before the Canadian dollars sudden surge).

    Bolt starts at $37500 USD, which even at today’s much improved exchange rate, would be almost $47000 (closer to $51000 at launch time) but launched at $42000 CAD starting (all before incentives).

    Hence the reason for wanting to know if you guys are just extrapolating CAD prices or if they are actually tesla supplied CAD prices.

  • Converting ourselves using Google.

  • It’s Me

    Ok thanks. Likely accurate anyway, assuming tesla doesn’t do direct Canadian sales.

    Having said that, unless you pay it off in full, carrying USD debt might mean fluctuations in what you actual owe.

  • Elekctrick

    Does anyone have experience with Teslas in a Canadian winter when it drops down to -25 or -30 Celsius?

  • Jason Tovell

    My dad has owned 3 different tesla models and currently owns the p100d. The one with a ridiculous amount of horsepower. Anywho.. They’ve all been brilliant in winter conditions and cold. He’s also done road trips across Canada and the states using manual and autopilot. The cars are amazing, I just can’t afford one currently haha. Especially when our dollar is doing terribly.

  • dudemaster

    I do not think taxpayers should be funding EVs. This is a rich person’s car and I should not have to subsidize your car.
    Now if we were talking about a used Honda Civic for the working poor then I would support subsidizing that.

  • Norm Dill

    I think the dash layout sucks. I am not sure if it is different just to be different or to make design and manufacturing easier and cheaper or some of both. Definitely not break through.

  • It’s Me

    Except these subsidies aren’t meant to “help the poor” economically. While that’s an admirable goal, it isn’t the only Gia subsidies can or should be used for.

    These are meant to stimulate the sales of these cars because it will help reduce emissions. Unless poor people breathe different air and live with different weather, this seems like these subsides will benefit the poor too.

  • Renegader

    Lol. You realize that the oil industry is subsidized to the tune of billions of dollars per year right? So why not subsidize EVs?

  • FragilityG4

    You do realize one of Canada’s major exports is oil right?

  • FragilityG4

    They get way too much as subsidies already. The market will dictate the price in due time. It’s not up to tax payers to fast forward a natural progression because of you take some money from there, it’s going to have to be made up elsewhere.

  • It’s Me

    New technology and industry often involves tax payers to fast forward natural progression. You like having electricity in your home? Guess who built that network? Like having gas for your car? Subsidied industry. Enjoy the internet? Government supported. Like having groceries in stores? Delivered on publicly funded roads.

    The fact is that EVs are very expensive to produce. No one will produce them unless they expect a profit. No one will buy them at the high “natural” price. The subsidies help stimulate sales by making them more affordable. As sale increase, the production will increase and economies of scale will bring prices down. Eventually no more subsides needed.

    The alternative is to do nothing, let the industry die and continue driving ICE cars, one of the largest single sources of pollution.

  • FragilityG4

    They have enough subsidies already. Up to ten grand per car in Ontario (also being retro payed!?!) which is more than enough. Not to mention what Tesla gets directly from governments. The point is Tesla is more profitable than GM and Ford— they don’t need more public money. Electricity is a poor example. Ontario electrical prices are through the roof thanks to green initiatives. Greenisim is bankrupting families and companies despite their good intentions.

  • It’s Me

    Up to $14K in ON actually. And while telsA is worth more than GM and Ford in market cap I’m not certain they are more profitable. In fact, I think they’ve only had one profitable quarter in years.

    And that all because EV production is just not profitable. It’s a loss leader, even for the compliance cars. The point of the subsidies isn’t to subsidize their profits, though clearly it softens their losses. They are to meant help residents make the switch.

    And while while the Ontario libs have unquestionably screwed up Hydro rates, I’m not speaking of the immediate time period. If not for the government paying to deploy our grid and production, would we have what we have now?

  • FragilityG4

    There’s a difference between spending money to serve everyone versus spending to help a few rich people. Lefties always complain when the rich get tax breaks but throw environmentalism in and the conversation stops.

  • It’s Me

    Well, I’m certainly not a Leftie, but I’m also not a dogmatic ideologue that lets ideology blind me.

    This isn’t about helping a few rich people. Everyone can take advantage, but that doesn’t mean everyone can afford to even with the subsidy.

  • FragilityG4

    Cars aren’t destroying the world. There fumes are not good for breathing air yes, but human activity has little impact on weather despite what the environmental extremist say. The truth is weather is dictated by the sun and the earths magnetic field. The magnetic field has been fluctuating a lot in the past twenty years which, coupled with solar activity, leads to the unpredictable and warm weather we have seen. Keep this in mind: all the talk about carbon in the air (remembering carbon is what plants breath and their byproduct is oxygen) in actuality carbon only makes up 0.04% of the air.

  • It’s Me

    The vast majority of scientists appear to disagree with you.

  • FragilityG4

    That is a very inaccurate statement. The number of 97% of scientists agree is a ruse. The number comes from a survey of the members of the IPCC (Intergovernmental Panel for Climate Change) which consists of about 3000 members. Hardly “most scientist”. Not to mention they are not all scientists, many are engineers, and they are not all climatologist. Furthermore since that survey was completed, over a decade ago, many have changed their stance as new sciences comes to light because if you ask them, science is on going. Finally this Panel was put together by the UN with the sole

    purpose of proving the existence of AGW. All the information is out there. I’ve done my research.

  • Prashanta Dhakal

    “Let’s save the environment.”
    – Environment extremist

    It’s easy to be an extremist these days!

  • FragilityG4

    If it were only that simple. The Green Energy Act in Ontario sees people that “produce” wind and solar energy getting paid four times the cost of which it is sold no matter if the grid needs the energy or not. Cap and trades worldwide is a glorified transfer of wealth. Time of Use metering punishes the elderly, those who live in rural areas, those in poverty, small business etc.

    And the list goes on. All of these “great ideas” have minimal effect on the environment and a huge impact on people financially.

    Let’s keep our air and water clean. Reuse as much as we can. But by no means should we bankrupt the present because of possible environmental extremist future….

    Post Script: in 2006 Al Gore said his intelligence told him that unless there was “radical change” in the world the ice caps would melt away completely in less than ten years……. Environmental Extremism.

  • FragilityG4

    That is a very inaccurate statement. The number of 97% of scientists agree is a ruse. The number comes from a survey of the members of the IPCC (Intergovernmental Panel for Climate Change) which consists of about 3000 members. Hardly “most scientist”. Not to mention they are not all scientists, many are engineers, and they are not all climatologist. Furthermore since that survey was completed, over a decade ago, many have changed their stance as new sciences comes to light because if you ask them, science is on going. Finally this Panel was put together by the UN with the sole purpose of proving the existence of AGW. All the information is out there. I’ve done my research.

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