In a move that's sending shockwaves through the electric vehicle market, Tesla has announced a new, rear-wheel drive Model 3 variant that's set to undercut the prices of nearly all its competitors in Canada. Priced at just under $43,000 CAD, the new model is expected to be built in China, marking a significant expansion of Tesla's global manufacturing footprint. The move is seen as a bid by the company to further disrupt the Canadian market, where it already dominates the EV sales landscape. With its lower price point and impressive range, the rear-drive Model 3 is likely to be a game-changer for Canadian consumers looking for a more affordable entry into the world of electric vehicles.
Tesla undercuts all but cheapest EVs in Canada with rear-drive Model 3, presumably built in China Automotive News
