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).
