Group 1 - Tesla is promoting "pre-tariff prices" for its vehicles in Canada to encourage purchases before tariffs take effect [1] - The promotion is a response to a 25% tariff on imported vehicles and parts imposed by President Trump, along with similar tariffs from Canada, leading to price increases of over 20% for some Tesla models [2] - A coalition of automakers, dealers, and suppliers has warned that these tariffs will disrupt the automotive supply chain, resulting in higher consumer prices and lower dealership sales [3] Group 2 - Tesla is facing challenges beyond tariffs, including backlash against CEO Elon Musk due to his involvement with the White House, which has led to protests and declining stock prices [4] - Musk's recent announcement to step back from government work resulted in a 20% surge in Tesla's stock [5]
Tesla is promoting 'pre-tariff' EVs in Canada as prices begin to rise