Tesla has once again made headlines by reducing the prices of its Model S and Model X vehicles in both Canada and the United States. This move comes on the heels of Tesla announcing new Model 3 offerings for Asia, Europe, the Middle East, and Australia, reports Tesla North.
In Canada, the price adjustments are equally notable, with the recently introduced Standard Range Model S and X no longer available. This model saw a cheaper entry price with lower range. But now these price drops make starting prices cheaper than the Standard Range when it debuted in August.
Model S Price Drops:
For the Model X:
It’s also worth noting the tow package is now included for the Model X and no longer a paid upgrade. Also free now are all paint colours.
Full Self-Driving (FSD) Price Reduction
Tesla hasn’t stopped at vehicle prices; the cost of the Full Self-Driving (FSD) package has also been reduced. In the U.S., it now costs $12,000 USD, down from $15,000.
In Canada, the FSD package is now available for $16,000 CAD, a $3,500 CAD reduction from its previous price of $19,500 CAD. The price is still a hefty investment for beta software.
It remains to be seen how other EV makers will react to these price drops.
You can save an extra $1,300 CAD on a Model S/X if you order using a referral code, making these price drops even sweeter (plus you get 3 months of FSD for free).
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With these price drops, resale values of Tesla cars must suck.
Only 100k? I’ll buy one in every color, I hope Guillible–eault will reimburse me.
https://media4.giphy.com/media/5gw0VWGbgNm8w/giphy-downsized-small.mp4
In Canada, the only one to look at is long range battery because of the cold, and you’re effectively paying 100k for a honda accord or toyota camry with less reliability. It would be a hard decision at $50k without knowing the long term reliability of the battery and how much it costs to replace them.
Considering most stories we read these days are about pice increaes its actually kind of impressive they are able to lower prices during this period of inflation.