Tesla is raising prices in Canada by $30,000, or 21%, and urging customers to buy cars imported before tariffs were introduced. The price increase occurred after the Canadian government introduced a 25% tariff on car imports from the United States of America. This is reported by UNN with reference to Bloomberg, DriveTeslaCanada.
Details
According to the publication, on Saturday, April 26, a banner appeared on the website of the Canadian electric car manufacturer with the following text: "Explore stocks at pre-tariff prices while they last."
After President Donald Trump imposed sweeping tariffs on Canadian goods last month, including 25% on vehicle content manufactured outside the United States under the U.S.-Mexico-Canada trade pact, Canada announced retaliatory import tariffs. These in-kind taxes are designed to reflect U.S. tariffs
Thus, according to DriveTeslaCanada, the Model 3 Long Range All-Wheel Drive now costs $79,990, which is $10,000 more than the $68,990 it cost before tariffs were introduced. Meanwhile, the Performance option rises to $89,990, compared to $79,990 earlier.
It is noted that Tesla's strategy in Canada now looks twofold: to pass on most of the additional tariff costs to consumers and to promote the sale of old inventories that were imported before the tariff was introduced. For customers, this means that cars in stock offer significant savings compared to factory orders.
Recall
Tesla can easily adapt to the new 25% tariffs on cars, as the company is less dependent on foreign components. Tesla shares rose when other automakers' shares fell.
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