Tesla lowers Model Y price in Canada by $20,000

Are you ready for a real discount sensation? Tesla has surprisingly cut the Model Y price in Canada by a whopping $20,000, bringing the costs back below the level before import tariffs for the first time. Additionally, a new Diamond Black paint offer awaits Canadian buyers – a strong signal that Tesla wants to further invigorate the Canadian market.

Price reduction for Model Y Long Range in Canada

Tesla made a significant price adjustment in the Canadian online configurator on Thursday evening:

Old list price: $84,990 CAD
New list price: $64,990 CAD
Difference: –$20,000 CAD
Comparison pre-tariff: $5,000 CAD below the price of $69,990 CAD

This brings the Model Y price in Canada back below the level before the 100% import tariffs on Chinese vehicles.

New color option: Diamond Black

At the same time, Tesla is expanding the offer with the Diamond Black paint, which was previously exclusively available in the USA.

Additional cost: $2,000 CAD
Visual effect: Deep black gloss with metallic shimmer
Availability: Available immediately for all orders in the Canadian Design Studio

Reasons for the price reduction

Behind Tesla's decision is a clear plan:

Shift in production: Avoiding Chinese tariffs by importing from Giga Berlin, where only Model Y is manufactured.
Revival of demand: Significant price cuts are intended to compensate for declines in sales.
Long delivery windows : Current estimates expect September–October as the delivery period – typical for vehicles imported from Europe.

Since other Tesla models continue to be offered at duty prices in Canada, the measure highlights the targeted promotion of Model Y sales.

Outlook on other markets

It remains questionable whether Europe and North America will see similar price adjustments:

Giga Shanghai imports are excluded due to tariffs
Giga Berlin could also supply US Model Y in the future
Pricing policy: The discount in Canada makes it clear that Tesla is ready to set prices flexibly on a regional basis

If Tesla aligns the Model Y price globally, it is likely to cause a stir in Germany and the EU as well.

Conclusion
With the price reduction of $20,000 CAD and the new Diamond Black color, Tesla is making a strong statement in Canada. Those who act now not only drive cheaper than before the tariffs but also get exclusive paint options. A clear advantage for all Canadian Tesla fans!