Tesla has launched a new Model 3 Premium RWD trim in Canada starting at just $39,490 CAD — a record-low price for the electric sedan in the country. The price, which converts to roughly $29,000 USD, is made possible by sourcing the vehicle from Giga Shanghai instead of Fremont, California.

 

The move marks the first time Tesla is selling China-made vehicles in Canada since the country imposed a 100% tariff on Chinese EVs back in 2024 — and it creates a massive price gap with the Model 3 Performance.