News Summary

Tesla has increased prices for its entire lineup of vehicles in Canada by up to 21%, or as much as $30,000. This surge follows the Canadian government’s imposition of a 25% tariff on electric vehicles imported from the United States. The price hikes affect all Tesla models, with significant increases seen across the board. For instance, the Model 3 Long Range All-Wheel Drive now starts at $79,990 CAD, up by $11,000, while the Model S has risen to $133,990, a $19,000 increase. These adjustments are expected to impact Tesla’s sales significantly as Canadian buyers face steeper costs unless the vehicles qualify for exemption under certain North American content rules. Tesla is urging potential buyers to purchase pre-tariff priced inventory vehicles while supplies last, as new orders will incur the higher prices.