Tesla has drastically reduced the price of the Model 3 Premium in Canada, lowering the entry-level price to approximately $29,000 USD (under $40,000 CAD).
This move represents a reduction of over 50% from previous pricing. The Model 3 Performance also saw a 17% discount.
The host suggests this strategy is likely intended to stimulate demand, potentially by leveraging vehicles sourced from China, and expects it will force competitors to lower their prices to remain relevant in the Canadian market.
