Tesla Model Y Price Drops $6,000 in Canada

Tesla has dropped the price of its Model Y compact SUV in Canada, slashing $6,000 CAD off the Long Range AWD variant.

According to Tesla North, the Long Range AWD Model Y sees a $6,000 CAD price drop, while the Performance AWD gets a $2,000 CAD price drop, but also now includes the Performance Upgrade Package as standard (21” Uberturbine wheels; performance suspension and brakes; aluminum pedals), plus also gets a range boost to 468km, up from 451km.

The updated Model Y prices are below:

• Long Range: $69,990 CAD (-$6,000; was $75,990 CAD)
• Performance: $83,990 CAD (-$2,000; was $85,990 CAD)

On paper, the Model Y now starts below $70,000 CAD.

Back in April, Tesla increased the price of the Model Y by $3,000 CAD for the Long Range and $1,600 CAD for the Performance.

Early adopters of the Tesla Model Y, which delivered last month in Canada, must feel pretty bad given this price drop. But that’s the life of an early adopter when it comes to owning one of the first Model Ys. If you purchased a Model Y within the past seven days, you can contact Tesla for a price adjustment.