Wednesday, January 29, 2025

February 1 Tesla raises the price by 44,000 kroner

From February 1, Tesla customers in Canada will have to pay the equivalent of 44,000 kroner more for a Model 3. The car brand has not said why. Or whether the increases will also come to Denmark.

Tesla is adjusting the prices of the Model 3 in Canada. Starting February 1st, the price of a Model 3 will increase by 44,000 Danish kroner, equivalent to 9,000 Canadian dollars. Tesla has not given any official reason for this price change.

Reuters writes.

The price change applies specifically to the Model 3. For the Model X and S, the price of all versions will be increased by 4,000 Canadian dollars. The price adjustment for the Model Y varies. However, the maximum increase here is also 4,000 Canadian dollars.

It's worth noting that this price change comes at a time when an updated version of the Tesla Model Y is expected to be launched. New versions of cars are often accompanied by price increases.

Boosted has been able to report that the recently updated Model Y, which many call Juniper, is expected to be significantly more expensive. At least, several sources warn about that.

The price has also been increased. The cheapest new Model Y has increased in price by 5.4 percent in China, where the car was first launched. While the so-called Long Range model

Tesla has not commented on whether the price changes in Canada are related to possible tariff changes or the upcoming launch of the new Model Y.

This is far from the first time that the American car brand has put elasticity in its prices. It has happened several times in Denmark.

In fact, it was the same Tesla that dropped a bomb on the Danish car market in January 2023 by significantly reducing the price of the now old Model Y.

Since then, prices at competitors have also dropped significantly. And this is especially true when it comes to electric cars. Here in Denmark, Hyundai, among others, is experimenting with permanent price reductions, while a brand like Toyota needs to clear out its stocks and is therefore limiting the time to lower prices on the maligned Bz4X.

In a car that will apparently change its name. Because even though the Japanese have several electric cars on the way, the car with the distinctive name is the only fully electric Toyota with a cord on the European market.

And no consumers really like the name. Read more about the name change here .

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