Tesla Adds Cheaper Model Y Under $50,000 to Canadian Lineup
In the midst of a major sales drop in 2025, Tesla decided to launch lower-priced versions of its Model 3 and Model Y in the U.S. during the fall. Canada is now following suit, at least when it comes to the crossover.
As shown on Tesla Canada's online configurator, a rear-wheel-drive Model Y Standard has just been added to the lineup. With a remarkably low MSRP of $49,990, this model directly competes with the popular Chevrolet Equinox EV.
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Granted, it offers reduced power, shorter range (463 km instead of 542 km) and lower charging capacity (175 kW instead of 250 kW) than the dual-motor, AWD-equipped Model Y Long Range, but the smaller battery makes charging times quite similar.
Content is another significant difference. In order to sell such a cheap Model Y, Tesla eliminates the ventilated front seats, heated rear seats, ambient lighting, power-adjustable steering column, panoramic roof (now hidden and sealed by a headliner), power-folding side mirrors with dimming function, HEPA cabin air filter, power-folding rear seats, adaptive headlights that extend to both fenders and rear-passenger screen.
That's not all: there are only seven speakers instead of 15, smaller and less attractive 18-inch wheels, a more basic suspension and a centre console with less storage. Oh, and this entry-level model only comes in three body colours: grey, white or black.
Incidentally, the estimated delivery time is currently 4-6 weeks, as per Tesla Canada's online configurator.
In related news, the Long Range model has been renamed Premium. It continues to start at $64,990. At the top of the lineup, the Model Y Performance (494 km of range, 0-100 km/h acceleration in 3.5 seconds) starts at $74,990. In all three cases, the "Full Self-Driving (Supervised)” option can be specified for an additional $11,000.
Model Y units imported into Canada are manufactured at the Gigafactory in Berlin so as to avoid Canadian tariffs on U.S.-built vehicles that do not comply with CUSMA. The Model 3, however, continues to be imported from the U.S., which explains its much steeper prices of $79,990 (Long Range) and $89,990 (Performance). New units and demos are still available in inventory with prices ranging from approximately $58,000 to $70,000, mind you.
