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Tesla Model X wins first-ever Canadian Black Book resale value award

📍 Drive Tesla Canada

Tesla earned its first category win in the Canadian Black Book (CBB) Best Retained Value Awards, with the Model X named the top premium electric SUV for 2026. The awards measure how much of a vehicle's original MSRP it retains after four years, and this edition uses 2023 model year vehicles. The average retained value fell to 57%, down from 67.5% in the previous edition. The Model X finished ahead of the BMW iX and Audi Q4 e-tron. The source notes that the model was discontinued earlier this summer and that its limited availability may have helped support resale prices.…

🔎 Why it matters: The Model X earned the premium electric SUV award in the 2026 CBB awards, using 2023 model year data, in a year when average retained value fell to 57%.
📈 Upside: Tesla earned its first category win in these awards, with the Model X ahead of the BMW iX and Audi Q4 e-tron.
📉 Risk: According to the source, the Model X's discontinuation may have helped support its resale value, so this result does not automatically carry over to current models.
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🤖 Editorial summary of the cited source, with AI-assisted analysis -- not HgYperDrive original reporting. The original source is linked above for verification. More on how this works: editorial policy →