Tesla raised car prices across Canada this weekend, pushing consumers to pick up the US-imported vehicles before making them more expensive.
On Saturday, the Tesla's Canadian website posted a banner who said: “Explore the pre-tariff price of the inventory for a long time.”
The move came after President Donald Trump dropped a fresh 25% tariff last month on Canadian goods, including vehicles with parts made outside the US, even under the US-Mexico-Canada Trade Pact. Canada immediately hit the taxation taxes aimed at the American tariffs.
Pricing at Tesla's Site On April 26, a huge space between new orders and existing inventory showed. A new long-range model 3 with all-wheel drive jumps at C $ 79,990 (about $ 57,700). But the same 2025 model of cars sitting in the inventory has been listed for nearly C $ 69,000.
The difference became clear that Tesla wanted to move quickly before being beaten by a higher price. The sharp price increase was first seen by Driveteslacanada.ca, which reported that for some models, the hikes were brutal.
New orders for all-wheel drive Cybertruck are up to 22% more expensive than inventory models. For Canadian buyers trying to handle, that's bad news.
Elon Musk, Tesla's CEO, has not made things north of the border easier. Elon was hot in Canada after Trump stood up, joking that he wanted Canada to join the United States.
The eccentric billionaire recently pledged that starting next month, he would spend more time focusing on Tesla, after the Carmaker suffered the worst first-quarter financial results over the years.
Tesla's stock rises after the US has pushed faster self -driving rules
Tesla's sharing jumped nearly 10% on Friday after Trump's White House announced a plan to speed up the vehicle's self-driving approval. Transportation Secretary Sean Duffy has revealed new policies that have released federal safety standards for automatic vehicles.
That announcement gave Tesla a rare win after a rough several months. The rally followed a long stretch of losses for Tesla, with shares dropping around 40% since the beginning of 2025.
The trade wars, tariffs, and nonstop market swings have become worse. Tesla has also posted the worst quarterly loss since 2022 in the first three months of this year.
Wall Street has scacrambled to reply. Piper Sandler said the income report was “the best result that Tsla Bulls could expect,” saying that “management is enough to keep the life of the dream.” Although problems still exist, the firm said updating has helped calm some fears.
Goldman Sachs analyst Mark Delaney said he thinks TESLA can make more money from software tied to full self -driving technology in the long run. But despite the optimization, Delaney maintained Goldman's neutral rating and cut off Tesla's target price.
Others remained in doubt. UBS and Wells Fargo are both kept negative views on Tesla. Wells Fargo's Analyst Colin Langan cut off the firm's target price for Tesla from $ 130 to $ 120.
UBS warned that the chaos in Tesla's Robo-Taxi's planned June could push the stock price temporarily, but said it could end badly for some investors. They also flagged that TESLA could drop its plan for a low vehicle launch cost, which killed a potential catalyst for future growth.
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