Tesla has made a significant move in Canada, reopening orders for the Model 3 with dramatically reduced pricing.
The low prices are thanks to Tesla shifting its supply strategy and now importing Model 3 units from Giga Shanghai.
The headline grabber is the Model 3 Premium Rear-Wheel Drive (RWD), which starts at just $39,490.
That price positions it as one of the most affordable EVs, especially considering its 463 km of range and 4.2s sprint to 100km/h.
However, because these vehicles are built in China, they do not qualify for Canada’s federal EVAP rebate program.
It is worth reiterating this is the Premium variant, and not the stripped-down Standard version of the electric sedan Tesla introduced last year.

At the other end of the lineup, the Model 3 Performance is now listed at $74,990. Previously this variant was priced at $89,990 when it was sourced from the U.S. and subject to tariffs.
With the update, Tesla has also removed the Premium Long Range Model 3 from its lineup in Canada. Previously this vehicle was priced at $79,990 before it was removed.
Buyers won’t have to wait long with the first customer deliveries expected as early as May or June.
The return of Shanghai-built units comes after Tesla faced challenges selling U.S.-built vehicles in Canada with inflated prices due to tariffs. By pivoting back to China production—something it has done before—Tesla is once again able to maintain supply while keeping prices in check.
For Canadian buyers, the timing couldn’t be better. With rising fuel prices and renewed interest in electric vehicles, a sub-$40,000 Model 3—even without incentives—could drive strong demand. The Premium RWD is a high-value option for buyers looking to enter the Tesla ecosystem without stretching into higher trims.
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