Tesla has increased the prices of its entire model range in Canada, with hikes ranging from 10,000 to 30,000 Canadian dollars, depending on the model and variant. The adjustments are believed to be a response to tariffs imposed on the automotive industry following actions by U.S. President Donald Trump. The increase is reported to range between 13 and 22 percent.
The Model 3 Performance, which saw the smallest price increase, now costs 89,990 CAD, up 10,000 CAD from its previous price of 79,990 CAD. This represents a 13 percent increase. In contrast, the two variants of the Cybertruck have experienced the largest hikes, with the three-motor Cyberbeast now priced at 167,990 CAD, up 30,000 CAD from 137,990 CAD, marking a 22 percent increase.
Tesla’s popular Model Y, previously priced at 69,990 CAD for the Long Range All-Wheel Drive (AWD) variant, has also seen a significant price adjustment. The vehicle now costs 84,990 CAD, reflecting a 15,000 CAD increase, or a 21 percent rise. The Model Y Long Range AWD now sits between the Model 3 Long Range and Model 3 Performance in terms of pricing, which are priced at 79,990 and 89,990 CAD, respectively.
The price increases apply only to new orders, which will be subject to importation from Tesla’s U.S. factories. Vehicles that are already located in Canada or were imported before the tariff dispute remain priced at the previous rates. Currently, Tesla’s Canadian website redirects customers primarily to inventory listings for new and used vehicles rather than the online configurator.
Following these price hikes, many Tesla models are now priced above the thresholds for government EV incentives in Canada, potentially impacting consumer interest. Although specifics on the affected programs and models have not been disclosed, this could limit access to incentives for prospective buyers.
The Canadian market has become increasingly challenging for Tesla in recent months. Trade disputes, amplified by the ongoing ‘Buy Canadian’ movement and controversies surrounding CEO Elon Musk’s political comments, have contributed to declining sales in the region. According to Electrek, Tesla still maintains a significant inventory across Canada but may face further difficulties, with potential for a drop in demand following these price increases.
