Tesla has recently introduced a new trim to its Canadian online configurator: the Model 3 Premium All-Wheel Drive (AWD), priced at $49,990 CAD. This new mid-tier option fills the gap for Canadian buyers who desire dual-motor power without the hefty price tag of the Performance model. Positioned between the entry-level Rear-Wheel Drive version ($39,490) and the high-performance Performance trim ($74,990), the Premium AWD offers a balance of power and affordability.
In terms of specifications, the Premium AWD impresses with an EPA-estimated range of 570 kilometres on a single charge and acceleration from 0 to 100 km/h in 4.4 seconds. The estimated delivery dates for this model range from August to September, indicating a steady production flow from Giga Shanghai in China.
The $49,990 price point marks a significant shift in Tesla’s Canadian lineup. The previous dual-motor Long Range AWD trim was priced higher before being discontinued, leaving a notable gap between the base model and the Performance edition. This new price positioning keeps the dual-motor option just under the $50,000 mark, making it an attractive choice for buyers seeking enhanced performance without breaking the bank. However, it is important to note that this model does not qualify for the new $5,000 federal rebate due to its Chinese origin.
The launch of the Premium AWD in Canada aligns with the trade agreement established earlier this year between Ottawa and Beijing. Under this agreement, up to 49,000 Chinese-built electric vehicles can be imported into Canada annually at a low 6.1% tariff rate. By manufacturing vehicles in Giga Shanghai instead of the Fremont plant in California, Tesla can bypass higher trade barriers associated with U.S.-built cars and pass on cost savings to local consumers. With Shanghai-built base models already making their way to Canadian delivery centres, the introduction of the Premium AWD model is set to follow suit in the upcoming months.
Overall, the addition of the Model 3 Premium AWD to Tesla’s Canadian lineup offers a compelling option for buyers seeking a blend of performance and affordability. With its impressive range, acceleration, and competitive pricing, this new trim caters to a wider range of consumers looking to experience the benefits of Tesla’s electric vehicles.