Electric Vehicle Incentives
The following incentives are available by jurisdiction. Customers should confirm their own eligibility and be aware that government programs are subject to funding limitations and eligibility criteria may change at any time, including during the period between placing your order and taking delivery of your vehicle.
Incentives Available Today
Federal Incentives
- The federal iZEV incentive has paused as of January 12, 2025, as funds allocated to the program have depleted early due to high EV demand in Canada. Additionally, at this time no additional funding allocations have been made to resume this program in future. As with all government incentive programs, this program could end at any time and without further notice.
- For businesses: The enhanced capital cost allowances (CCAs) enables a higher deduction in the year that an electric vehicle is put on the road (up to 75% of $61,000, for vehicles acquired between January 1, 2024 and December 31, 2025).
- Consult the Canada Revenue Agency or a financial professional for more details and to learn if the electric vehicle provisions established for CCA Classes 54 and 55 could support your business.
Provincial Incentives
View available incentives by province:
Model and Trim | MSRP1 | Order | iZEV/iMHZEV Eligibility |
---|---|---|---|
Model 3 RWD 2024 | $50,990 | Online | No |
Model 3 RWD Import 2024 | $50,990 | Online | No |
Model 3 Long Range AWD 2024 | $60,990 | Online | No |
Model 3 Long Range AWD Import 2024 | $60,990 | Online | No |
Model 3 Performance 2024 | $70,990 | Online | No |
Model 3 Performance Import 2024 | $70,990 | Online | No |
Model 3 Long Range RWD-I 2025 | $55,990 | Online | No |
Model 3 Long Range AWD-I 2025 | $60,990 | Online | No |
Model Y RWD 2024 | $54,990 | Online | No |
Model Y RWD Import 2024 | $54,990 | Online | No |
Model Y Long Range AWD 2024 | $64,990 | Online | No |
Model Y Long Range AWD Import 2024 | $64,990 | Online | No |
Model Y Performance 2024 | $69,990 | Online | No |
Model Y Performance Import 2024 | $69,990 | Online | No |
Model Y Long Range-I 2025 | $60,990 | Online | No |
Model Y Long Range AWD-I 2025 | $64,990 | Online | No |
Model Y Performance-I 2025 | $69,990 | Online | No |
Model S 2024 | $110,990 | Online | No |
Model S Plaid 2024 | $131,990 | Online | No |
Model X 2024 | $110,990 | Online | No |
Model X Plaid 2024 | $131,990 | Online | No |
Cybertruck All-Wheel Drive 2024 | $137,990 | Online | No |
Cybertruck Cyberbeast 2024 | $165,990 | Online | No |