Tesla Reveals Pricing For Model 3 In Canada

Tesla Model 3

MAR 22 2018 BY ERIC LOVEDAY 19

Tesla has finally revealed pricing for the Model 3 in Canada and we’re actually quite impressed by how low it’s priced.

On its updated Model 3 FAQ page, Tesla now lists Canadian pricing for the electric car:

“Our first Model 3 in production comes with a long-range battery, 499 km of range, rear-wheel drive and premium upgrades throughout, beginning at $64,100. In late 2018, we will introduce the option for a standard battery with 354 km of range and standard equipment, beginning at $45,600.”

RELATED – TESLA PRICES MODEL X IN CANADA FROM $119,000 

That $64,100 works out to $47,384 USD, or just a hair over the U.S. pricing, which Tesla states like this:

“Our first Model 3 in production comes with a long-range battery, 310 miles of range, rear-wheel drive and premium upgrades throughout, beginning at $49,000 USD. In late 2018, we will introduce the option for a standard battery with 220 miles of range and standard equipment, beginning at $35,000 USD.”

Not much of a premium in regards to pricing for our friends to the north.

Additional info on the Model 3 in Canada, including pricing, arrival and more, can be found in the attached, Canadian-specific, FAQ below.

How can I check my estimated delivery window?
Model 3 reservation holders can check their latest delivery timing estimate in their Tesla Account.

When will I be invited to configure my Model 3, and when can I take delivery?
Model 3 reservation holders are receiving invitations to order and design Model 3 based on the time and date that they placed their reservation. Current Tesla owners have priority as a thank you for their support.

Deliveries will start in the United States first, with international deliveries starting in left-hand drive markets in mid 2018, followed by right-hand drive markets in early 2019.

Once you receive your invitation and place your order for Model 3, you can expect to take delivery in approximately 3-6 weeks depending on your location. If you would like to wait for a version of Model 3 that is not yet in production, you can choose to hold your place in line and be notified when your desired options become available.

How will I receive an invitation to configure my Model 3?
We will send you an invitation to configure your Model 3 to the email address you used to place your reservation. Confirm your email address is up to date here. Invitations will be sent based on the date and time you placed your reservation, whether you are an employee, if you own a Tesla, and if we have started production in your country.

Which Model 3 features are currently available?
Our first Model 3 in production comes with a long-range battery, 499 km of range, rear-wheel drive and premium upgrades throughout, beginning at $64,100. In late 2018, we will introduce the option for a standard battery with 354 km of range and standard equipment, beginning at $45,600.

Every Model 3 comes with standard active safety features and is designed to be the safest car in its class. Today, customers can choose from three customization options for Model 3: wheel size (18” Aero or 19” Sport), exterior color (Solid Black, Midnight Silver Metallic, Deep Blue Metallic, Silver Metallic, Pearl White Multi-Coat, Red Multi-Coat) and Autopilot features (Enhanced Autopilot or Full Self-Driving Capability).

Future options will include an optional white interior, premium package as an upgrade choice, and dual motor all-wheel drive. International feature availability and timing will be shared later as production ramps.

Which features come standard with Model 3 for $45,600?
Model 3 is designed to be the safest car in its class, with 354 km of range, and zero to 100 kph acceleration in 5.9 seconds. Standard features also include full self-driving hardware, Supercharging capability, a rear glass roof, a 15” touchscreen display, Wi-Fi and LTE internet connectivity capability, free over-the-air software updates, full LED lighting, and an 8-year, 160,000 km battery warranty.

What type of payment options are available for my Model 3?
We currently support cash purchases and loan financing on Model 3. You can apply for financing through your Tesla Account as your delivery day approaches.

Does Tesla accept trade-ins?
Yes. When your Model 3 order is confirmed, you can request a trade-in through your Tesla Account.

Will I be eligible to receive incentives for purchasing Model 3?
You may be eligible for local or federal tax incentives when you purchase your Model 3. We recommend speaking with a tax professional for guidance, as some incentives may depend on your personal tax situation.

Will I need to order Model 3 as soon as I receive my invitation?
For the fastest delivery of your Model 3, we encourage you to place your order as soon as you receive your invitation. The invitation to configure your Model 3 will have a link which will allow you to either configure your vehicle, or save your place in line and wait until later to order. We will continue to send invitations to reservation holders on a rolling basis, however delivery timing cannot be confirmed until an order is placed.

Where can I take delivery of my Model 3?
We will assign you a delivery location based on your registration address after you’ve confirmed your order.

I have relocated to a different state or country since placing my Model 3 reservation. How can I update my address?
You can update your registration address in your Tesla Account here.

If you have moved to another country, you will not lose your place in line, but your move may impact delivery timing as Model 3 is delivered in your market. For help updating your Tesla Account, please contact Customer Support here.

Can I use my Tesla owner priority on more than one Model 3 reservation?
Yes. If you have owned one Tesla, you will receive priority for one Model 3 reservation. If you have owned two or more Teslas, you will receive priority for up to two Model 3 reservations.

What is the cost of Supercharging for Model 3?
Model 3 comes standard with the hardware necessary to utilize the global Tesla Supercharger Network. A small fee will apply for Supercharging—which is only a fraction of the cost of gas.

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19 Comments on "Tesla Reveals Pricing For Model 3 In Canada"

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Sam L
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Sam L

$64,100…yikes. That’s well into loaded 340i M-sport, C43 AMG, XE-S 35t and Q50 Red Sport 400 money.

Sure for now in Ontario you can still qualify for $14,000 under the new government EVIP rebate, but given provincial elections are just around the corner and the Liberal party seems to be at risk of not getting elected again, means that trying to get the $45,000 SR Model 3 in 2019 for $31,000 seem almost like a pipe dream at this point.

Huhu
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Huhu

Model 3 handles better, accelerates quicker, safer, smarter and healthier than the other cars you listed. IMO this price is really a steal in CA.

Alex
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Alex

Basing on what, if I may ask? If it is just words then these words need to convince quite a lot of people. So far we see that not that many customers choose this configuration because it is lightyears away from promised USD35k. As for me, all the experiments with ergonomics and interior (read as cheap) look fine on a 35k car but not acceptable for something priced as a luxurious vehicle

Jason
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Jason

Maybe that’s the problem with the ramp up, not enough people who actually wanted the fully loaded experience. I still think Tesla should have released the small battery first, maximised the number of cars vs number of batteries available and made all those $35k owners happy.
I know they want to maximise their profits, but with Model 3 it has always been about quantity, the more they make the bigger their profits, that’s just mass marketing and scales of economy at play.

Robb Stark
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Robb Stark

Demand isn’t the problem.

They have only asked the first 70k reservationist in the US so far if they wanted to order.

And the current version isn’t fully loaded.

Many people want more equipement. Like AWD, Performance version, or the White seats.

ModernMarvelFan
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ModernMarvelFan

“Model 3 handles better, accelerates quicker, safer,”

C43 AMG too? Are you sure about that? Car and Driver shows 4.1 sec in 0-60mph for C43 AMG and Model 3 is about 5.6sec.

Safer? Maybe. We won’t know for sure until official crash results are in.

Robb Stark
Guest
Robb Stark

The equivalent in price to C43 AMG will be the Performance AWD Model 3. It will be quicker.

Motor Trend says Model 3 has best handling in class with Alfa Giulia Quadrifoglio. And that was not even the Performance Model 3.

ModernMarvelFan
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ModernMarvelFan

But that is not what $64K Model 3 is, or is it?

The entire argument is based on the current Model 3 cost of $64K…

Tilyon
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Tilyon

That is why Mr. Tesla is so rich; too much profit.

Tilyon
Guest
Tilyon

A car is not a house. It is only to travel and mostly to go to work. So…..

jelloslug
Guest
jelloslug

You need to buy the cheapest used car you can get.

Mark.ca
Guest
Mark.ca

…and die in your first accident….but at least you saved some money.

Adam M
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Adam M

Actually, they do “not”. It says anything lower than 75k, AND has to be on the supported list. Of which, there is no longer a Tesla section. Mind you, there’s also nothing above the Bolt’s 383km range.

Mat
Guest
Mat

For most manufacturers, cars in Canada are only a little more in Canadian dollars than the same model in the US in US dollars. Car companies charge what the market supports and exchange rates are flattened out.
This is not the case for the Tesla model 3. In Canada, it now bunches in with the luxury segment, BMW 5 series, for example. Car for the masses? haha

Sam L
Guest
Sam L

My thoughts exactly. Nothing about ~$64k is “mass market”. That is full on luxury car territory, and with the large number of used Model S starting to come down the pipeline, the picture gets worse.

Roy_H
Guest
Roy_H

Today’s exchange rate is $1 US = $1.29 Cad. So $36k > $46.4k and $49k > $63.2k and banks will add 1.5% commission just to convert your money. So, no Tesla is not making a profit on conversion.

Tony Marco
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Tony Marco

I’m glad I pulled my Model 3 reservation and purchased my one year lease return “Fully Loaded” BMW i3 Rex for HALF THE PRICE of the Tesla Model 3.

Nice car the Model 3 but I can’t afford twice the price!

FISHEV
Guest
FISHEV

All the Model 3’s on the Tesla Service Center in Salt Lake City were priced at $56,000 each, pretty much loaded RWD/310 mile range. That would be $72,000 Canadian.

There were probably 50 of them on the lot being readied for customers.

Fascinating since Tesla can’t sell directly in Utah.

Roy_H
Guest
Roy_H

I believe the fact that Tesla is selling cars in Canada now proves their intent to not cross over the 200k sales in the USA before July 1. USA buyers will have until the end of the year to qualify for the full $7500 tax break.