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Tesla to significantly raise prices of all cars in Canada, website shows
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Tesla to significantly raise prices of all cars in Canada, website shows
Jan 22, 2025 8:57 PM

Jan 22 (Reuters) - Tesla will raise prices of

all its cars in Canada from Feb. 1, according to notices on its

Canadian website, with prices of Model 3 going up by as much as

C$9,000 ($6,254.78).

Model Y variants will see increases of up to C$4,000, while

all versions of Model S and X will rise by C$4,000, according to

the website.

Tesla did not provide a reason for the price increase.

The company does not produce cars in Canada and imports

from other factories. It was not immediately clear how many cars

Tesla exports to Canada from its Shanghai, China factory and its

plants in the United States.

The company did not respond to Reuters' request for

comment outside regular business hours.

The unexpected move by Tesla to raise prices comes as

Canadian Prime Minister Justin Trudeau

reiterated

on Tuesday that his government was ready to respond if U.S.

President Donald Trump

imposed

25% tariffs on imports from Canada and Mexico on Feb 1.

Canada

already

imposes a 100% tariff on imports of electric vehicles from

China, including Tesla cars manufactured in Shanghai.

($1 = 1.4389 Canadian dollars)

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