Tesla Increases Price of Entry Model 3 in Canada by $2,000

Tesla has been busy tonight making changes on its website, as the company has increased the price of its entry Model 3 Standard Range Plus by $2,000 CAD, now starting at $54,990 CAD (via @mrgreyev).

Previously, the Standard Range Plus was priced at $52,990 CAD, for the base configuration with 18-inch Aero wheels, showing an estimated delivery date of July 2022, a whopping nine months from now.

Tesla, like other automakers, are dealing a short supply of semiconductors and also supply chain parts. Despite the strain on both chips and its supply chain, Tesla set a record for Q3 deliveries at over 241,000 for the quarter. The company announces its Q3 earnings next week on October 20, 2021.

Just last week, Tesla also increased the price of the entry Model Y in Canada by $1,000 CAD, taking it to $70,990 CAD. After numerous price increases for the Model 3 and Model Y in the USA, it now appears Canadians aren’t immune from recent price hikes as well.