Yesterday was a big news day for Tesla, with several things hitting the newsfeed all at once. A lot of new stuff for Canadians, who are all quite pleased to see the return of the referral program to Canada, as well as 1.99% Financing for the Model Y.
There’s also some interesting news on the Actually Smart Summon front.
Canadian Referrals
The Tesla Referral Program, which recently launched in the United States, has now arrived in Canada just a few short days later. There aren’t any differences in terms of reward availability or anything else, but there are some conversions of funds to look at.
Referrers in Canada will earn $650 CAD ($480 USD) per referral while providing a discount of $1300 ($964 USD) CAD for those being referred. That’s slightly less than the USD equivalent, but that’s just the conversion rate fluctuation.
We’re happy to see the referral system launch in Canada so quickly after it launched in the United States – this is also good news for other markets like Europe and China, which may also get similar programs soon.
1.99% Financing in Canada
Another big win for Canadian Tesla customers is the arrival of 1.99% financing for the Model Y in Canada. For those who have been waiting on the edge to get a good deal to buy a Model Y, now is your chance.
1.99% financing is available for all terms of 60 months and under. 72 months has a special term of 2.99%, 84 months at 3.49%, and 96 months at 3.99%. This is a huge bonus in comparison to other rates, which have regularly been at or above 5% for all interest rate terms in Canada.
These special financing terms are only available on the Model Y but are available on any variant, including the Rear-Wheel Drive, Long Range, and Performance models.
Smart Summon Code
The last item, but one of the most exciting nevertheless, is that new Smart Summon code strings have appeared in the latest version of the Tesla app. One of the most important things that was noticed by @Tesla_App_iOS on X was that there are no new debugging strings – meaning we could be receiving Actually Smart Summon in a beta format sometime soon.
In addition, the app contains new strings such as “autopark_summon_reversing_for_forward_visibility”, which may be tied to the upcoming reverse capabilities of FSD.
We expect the new version of Summon to be first available in an upcoming FSD release, such as FSD 12.6 in the next few months.
