During the weekend, Tesla quietly increased the price of the Model S in Canada by an average of 2%, presumably to adjust for the weak Canadian currency – $1 CAD = $0.75 USD at the moment.
The less expensive version of the Model S, the 70 kWh rear wheel drive, now starts at $89,100 before incentives and destination fees. A fully equipped P90D now costs $173,800 before any incentives.
Here are the Canadian prices for the different Model S drivetrain configurations from Tesla’s design studio:
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They also did this in Norway, but the increase there was closer to 5-7%.
In Sweden they raised it by 2% as well, due to our very weak currency.
it’s all about what customers in different countries are able or willing to pay. I think that if Tesla selling their cars all over the world as the same value in USD they play a dangerous game. I remember 5-6 years ago Canadian dollar was 8% over the USD and we were still paying our cars (in Canada) at a very higher price. I’m not saying Tesla should sell his cars at zero profit but when a very basic 70D start at over 105k (Transportation inc) it starts to be a very very niche segment…
“$1 USD = $0.75 CAD at the moment”
You mean $1 CAD = $0.75 USD.
Yes. You are correct. I fixed it. Thanks.