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EV giant Tesla Inc (NASDAQ:TSLA) has cut prices on select versions of its cheapest electric vehicle offering— the Model 3— in Canada by C$1000 ($728.16). What Happened: Both the rear-wheel drive (RWD) version and the Long-Range variant of the mass-market electric sedan are now priced C$1000 lower in the country. While the RWD variant now starts at C$49,990 (about $36,401), the Long Range now starts at C$59,990 (about $43,683) The starting price of the Performance variant, however, remains unchanged at C$69,990. Why It Matters: The Model 3 is the cheapest offering from Tesla, and together with …

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