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Tariff War: Tesla Raises Car Prices in Canada by More Than 20%

Tariff War: Tesla Raises Car Prices in Canada by More Than 20%

Donald Trump lit the fuse of the "tariff" war against Canada, which is one of the United States' most important trading partners. In the process, Ottawa imposed its own customs duties on up to 25% on several imported American products: steel products, aluminum, as well as cars produced south of the border.

Driving a Tesla will cost much more

The Department of Finance explains that "these countermeasures will remain in place until the United States eliminates its customs duties on the Canadian automotive sector." A trade war in full force, and as expected, the turkeys of the force are the consumers who will have to dig into their pockets. The Canadian situation gives a small glimpse of this What to expect if Europe were to impose similar tariffs on products imported from the United States.

Tariff War: Tesla Raises Car Prices in Canada by More Than 20%

In Canada, Tesla has taken the lead by increasing the prices of its vehicles by up to 21%. A Model Y Long Range now costs CA$84,990, or $15,000 (about €9,500) more than before. The Model S now starts at $133,990, which represents an increase of $19,000. The Cybertruck gains $25,000 in price, at $139,990.

The manufacturer directs drivers interested in one of its vehicles to its inventory page to order a model in stock. These drivers are not affected by the tariffs. You can also see a "Price Adjustment" line when ordering, which corresponds to the amount of customs duties. As soon as stocks run out, you'll have to order a model from the United States, with the accompanying price increase.

Source: TeslaNorth

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