Tesla (TSLA, Financial) has announced price increases for its entire range of vehicles in Canada. Starting from February 1, the Model 3 will see the highest price hike of up to CAD 9,000, equivalent to approximately USD 6,255. The Model Y series will experience a price rise of up to CAD 4,000, while all versions of the Model S and Model X will also see a CAD 4,000 increase.
It is noteworthy that Tesla does not manufacture cars in Canada, opting instead to import them from other countries. This move aligns with Tesla's ongoing strategy to adjust pricing based on regional market conditions and production costs.
