BusinessPostCorner.com
No Result
View All Result
Friday, May 16, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Tesla hikes Canadian prices and pushes its pre-tariff inventory

April 26, 2025
in Business
Reading Time: 2 mins read
A A
0
Tesla hikes Canadian prices and pushes its pre-tariff inventory
ShareShareShareShareShare

Tesla Inc. is raising prices in Canada and encouraging buyers to snap up cars imported before counter-tariffs were imposed on US-made vehicles.

The electric carmaker’s Canadian website featured a banner on Saturday which said: “Explore pre-tariff priced inventory while supplies last.”

After President Donald Trump imposed sweeping tariffs on Canadian goods last month, including 25% on vehicle content produced outside of the US within a US-Mexico-Canada trade pact, Canada announced retaliatory import taxes. Those in-kind levies are designed to mirror the US duties.

Pricing for new orders on Tesla’s site as of April 26 was higher than for the same models listed as being in inventory. For example, the sticker price of long-range Model 3 cars with all-wheel drive was listed as C$79,990 ($57,700) for a new order, but those same 2025 model year vehicles already in inventory were being offered for around C$69,000.  

The company did not respond to a request for comment. The price increases were reported earlier by specialist website driveteslacanada.ca, which said the cost to Canadian buyers for new orders of certain models such as the all-wheel drive Cybertruck are as much as 22% higher.

Tesla’s CEO Elon Musk has come in for criticism in Canada as a result of his support for the US President, who’s repeatedly said he’d like Canada to be part of the US. Musk has said he will devote more time to Tesla starting next month after the carmaker had its worst first-quarter financial results in years.

This story was originally featured on Fortune.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

Kevin Hart says there’s one thing still worth splurging on in this uncertain economy, regardless of income level

Next Post

Brands target AI chatbots as users switch from Google search

Next Post
Brands target AI chatbots as users switch from Google search

Brands target AI chatbots as users switch from Google search

Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying

Blockchain Association Chooses CFTC’s Summer Mersinger to Lead High-Stakes Crypto Lobbying

May 14, 2025
Walmart says higher prices could hit this month due to tariffs

Walmart says higher prices could hit this month due to tariffs

May 15, 2025
‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

‘Size does not matter’: Bhutan’s tiny sovereign wealth fund banks on green energy and Bitcoin

May 12, 2025
UK economy is growing more than expected – how optimistic should you be?

UK economy is growing more than expected – how optimistic should you be?

May 15, 2025
US warns against using Huawei chips ‘anywhere in the world’

US warns against using Huawei chips ‘anywhere in the world’

May 14, 2025
Improper payment rate still too high at IRS

Improper payment rate still too high at IRS

May 12, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Tariffs are pulling Fed in opposing directions, Fidelity bond chief says

Tariffs are pulling Fed in opposing directions, Fidelity bond chief says

May 16, 2025
Nissan says it could share global plants with Chinese state firm Dongfeng

Nissan says it could share global plants with Chinese state firm Dongfeng

May 16, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!