Tesla has recently announced a significant price increase for all its vehicles in Canada, ranging up to 21%. This decision follows the federal government’s implementation of a 25% tariff on electric vehicles imported from the United States.
To offset the impact of these tariffs, Tesla is currently promoting “pre-tariff priced” vehicles that are still in stock. These inventory vehicles are available for a limited time and offer potential buyers significant savings compared to new builds. Customers can find these pre-tariff vehicles on Tesla’s website, indicated by a ticker link on the homepage.
Here’s a breakdown of the new pricing for Tesla vehicles in Canada:
– Model 3 Long Range All-Wheel Drive now starts at $79,990 CAD, an increase of $11,000.
– The Model 3 Performance now costs $89,990, up from $79,990.
– The Model 3 Rear-Wheel Drive has been removed from sale.
– The Model Y Long Range is now priced at $84,990, marking a $15,000 increase from its previous pricing.
– The Model S now starts at $133,990, up $19,000.
– The Model S Plaid is now priced at $154,990, an increase of $18,000.
– The Model X All-Wheel Drive will cost $140,990, a $19,000 increase.
– The Model X Plaid is now priced at $161,990, also up $19,000.
– The Cybertruck All-Wheel Drive is now priced at $139,990, up $25,000 from its previous price.
– The Cybertruck Cyberbeast variant has jumped to $167,990, a $30,000 increase.
In response to these price adjustments, Tesla has changed its ordering process for Canadian customers. The company now directs customers to use the Tesla app to customize and order new vehicles, suggesting that factory orders may be limited primarily to existing Tesla owners at this time.
These price increases align with the Canadian government’s plan to impose retaliatory tariffs on US goods, including vehicles imported from Tesla’s US factories. The tariffs would raise Tesla’s import costs, prompting the company to raise prices preemptively to cover these anticipated expenses. Unfortunately, consumers may experience a slowdown in sales due to these price hikes.
For those interested in purchasing a Tesla at the previous, lower prices, it is recommended to act quickly and explore the inventory stock available on Tesla’s website. Once the pre-tariff vehicles are sold out, customers will need to pay the new, higher prices for any new builds.