Tesla has launched a new Model Y RWD in Canada starting at $59,990 CAD. The new lower price gives access to up to $12,000 in incentives.
It looks like Tesla is all about launching new versions of the Model Y for specific markets this week.
After launching the Model Y Standard Range AWD for businesses in the UK, Tesla is launching a new Model Y Standard Range RWD in Canada.
The new version features a smaller battery pack with a rated range of 394 km (245 miles) and a RWD drivetrain.
It starts at $59,990 CAD – $10,000 lower than the Model Y Long Range AWD, which is the next cheapest Model Y:
$59,990 CAD is about $44,300 USD. In comparison, the cheapest Model Y in the US starts at $46,990 following a price drop this week, but it is not the same version. It has a dual motor drivetrain and slightly more range.
Top comment by André Laurence
There is a mistake in this article. The Canadian EV incentives are post tax rebates, you cannot take the pre-tax price and subtract the rebates. In Québec you would add both taxes to get 68973$ - 12000$ = 56973$.
Nevertheless, the new version is going to be welcomed by Canadians and especially Quebecers.
It is eligible for the $5,000 CAD federal EV incentive, like the Model Y Long Range, but unlike the Model Y Long Range, it is eligible to the $7,000 Quebec EV incentive.
You can stack them together for a $12,000 CAD discount for buyers in Quebec, meaning that the vehicle starts at just at $47,990 CAD or the equivalent of $35,400 USD.
The new version is likely going to be very popular in Canada, especially in Quebec, where Tesla Model Y and Model 3 vehicles are already quite popular.
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