Tesla Increases Price of Model 3/Y in Canada, Midnight Silver Color Now Included

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Tesla has increased the price of the Model 3 and Model Y in Canada again.

Model 3 – Prices in CAD

  • Model 3 – $59,990 (was $56,380; + $3,610)
  • Model 3 Long Range – $66,990 (was $64,990; +$2,000)
  • Model 3 Performance – $76,990 (was $74,990; +$2,000)

Model Y – Prices in CAD

  • Model Y Long Range – $76,990 (was $74,990; +$2,000)
  • Model Y Performance – $85,290 (was $83,290; +$2,000)

Discussion on the Tesla Model 3 and Y Canadian Groups on Facebook noted the price changes and how the price increase now makes the entry version no longer eligible for Canada’s $5,000 CAD federal EV rebate.

The Model 3 also loses out on provincial rebates in B.C. ($3,000 CAD); New Brunswick ($5,000 CAD); Nova Scotia ($3,000 CAD); and Yukon ($5,000 CAD).

Canada’s iZEV webpage also mentions the removal of the Tesla Model 3 for the federal rebate.

Tesla has also made Midnight Metallic Silver a free color, joining Pearl White Multi-Coat for Model 3 and Model Y. Black is now $2,000 CAD.

This color change matches was happened in the United States earlier this month, after owners asked for a new free color, as white Teslas have been dominating the streets.

Back in October, Tesla increased the price of Model Y up $4,000 CAD. The entry Model 3 also saw a price increase last month as well. Tesla is clearly seeing heavy demand for its cars and prices are increasing.