Tesla increases prices in Canada: Model 3, Model Y, Model S & X affected

Tesla has raised prices for all Model 3, Model Y, Model S and Model X variants in Canada with price increases of up to 9,000 CAD. The changes came into force overnight, having already been announced on January 22, 2025. Particularly affected is the Model 3-serieswhose prices have risen the most.

📈 Price adjustments: This is how much the Tesla-models now cost in Canada

🚗 Tesla Model 3 - Price increase of up to 9,000 CAD

Long Range Rear-Wheel Drive (LR RWD): 59,990 CAD (+4,000 CAD)
Long Range All-Wheel Drive (LR AWD): 68,990 CAD (+8,000 CAD)
Performance (P): 79,990 CAD (+9,000 CAD)

🚙 Tesla Model Y - Uniform price increase of 4,000 CAD

Long Range Rear-Wheel Drive (LR RWD): 64,990 CAD (+4,000 CAD)
Long Range All-Wheel Drive (LR AWD): 68,990 CAD (+4,000 CAD)
Performance (P): 73,990 CAD (+4,000 CAD)
Launch Series LR AWD: 84,990 CAD (no price change)

🏎️ Tesla Model S & Model X - Uniform increase of 4,000 CAD

All-Wheel Drive (AWD): 114,990 CAD (+4,000 CAD)
Plaid: 135,990 CAD (+4,000 CAD)

🔩 No price change for the Cybertruck

Dual engine: 137,990 CAD
CyberBeast: 165,990 CAD

While almost all Tesla-models have become more expensive, the Cybertruck in Canada remains unchanged in price.

🔍 Why has Tesla increased prices in Canada?

Tesla has no official reason for the price increase but there are some probable factorsthat influenced this decision:

1️⃣ Exchange rate fluctuations

📉 The Canadian dollar has lost value in recent months, particularly against the US dollar. Since Tesla many components are imported and the vehicles are produced in the USA, the costs for the Canadian market increase.

2️⃣ Trade tariffs and geopolitical uncertainties

🚨 On January 22, 2025 Former President Donald Trump hinted that he could launch a 25% tariff on Canadian goods on Canadian goods. The Canadian government is considering in this case retaliatory measureswhich could potentially have an impact on import costs. Tesla could react here as a precautionary measure.

3️⃣ Higher production costs and inflation

🏭 Like many car manufacturers, the Tesla with rising material and supply chain costs confronted with rising material and supply chain costs. The price adjustments could be aimed at offsetting these increased costs.

🎯 Effects for Canadian Tesla-buyers

These price increases will particularly affect buyers who are looking for a savings from the iZEV subsidy of CAD 5,000. which may now no longer be sufficient to offset the price increase.

🔹 Customers who ordered before the price increasecan breathe a sigh of relief - Tesla will maintain the original price for existing orders.

🔹 For potential buyers, however, this means that the purchase of a Tesla in Canada is now significantly more expensive.

💡 Tip: If you are still thinking about buying a Tesla should check carefully whether further price adjustments will follow or whether state subsidies will increase to compensate for the higher prices.

📌 Conclusion: Tesla-Price increase in Canada - what now?

Tesla has frequently adjusted its prices in recent years - both upwards and downwards. While the latest increase is a setback for many Canadian buyers, it remains to be seen whether Tesla further price adjustments or new discounts will be introduced.

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