Tesla cut the price of the Model 3 in Canada so buyers can get a government tax credit

United States News News

Tesla cut the price of the Model 3 in Canada so buyers can get a government tax credit
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Earlier this month, none of Tesla's cars were eligible for the Canadian tax credit because they were too expensive.

The company lowered prices in order for the cars to be eligible.

Tesla has lowered the price of its Model 3 sedan for Canadian customers in order for the vehicle to be eligible for a government tax credit in the country.all Tesla models were above the minimum $55,000 CAD maximum price and therefore could not qualify.Both the standard range and standard range plus cars are now listed on the government's eligible vehicles page.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla just reported an abysmal quarter with Model S and Model X sales falling off a cliffTesla just reported an abysmal quarter with Model S and Model X sales falling off a cliffSales of the company's more expensive cars have slowed with the launch of the Model 3
Read more »

Tesla lost $700 million in the first quarter on Model 3 problemsTesla lost $700 million in the first quarter on Model 3 problemsAnalysts had expected Tesla earnings to fall sharply after a federal tax credit for Tesla vehicles diminished at the beginning of the year.
Read more »

Tesla Reports Loss Amid Struggles Delivering Model 3 CarsTesla Reports Loss Amid Struggles Delivering Model 3 CarsTesla reported one of its worst quarterly losses on record, wider than Wall Street was expecting, as the auto maker struggles with delivering the Model 3 compact car.
Read more »

Tesla Sued By Family Of Silicon Valley Driver Killed In Model X Autopilot CrashTesla Sued By Family Of Silicon Valley Driver Killed In Model X Autopilot CrashThe lawsuit comes a year after the fatal crash and a week after Tesla CEO Elon Musk touted the company's automated driving technology.
Read more »

Tesla Sued By Family Of Silicon Valley Driver Killed In Model X Autopilot CrashTesla Sued By Family Of Silicon Valley Driver Killed In Model X Autopilot CrashThe lawsuit comes a year after the fatal crash and a week after Tesla CEO Elon Musk touted the company's automated driving technology.
Read more »

Daimler reportedly will stop selling its electric Smart cars in US, Canada after 2019 modelDaimler reportedly will stop selling its electric Smart cars in US, Canada after 2019 modelGerman automaker Daimler will stop selling its all-electric Smart EQ fortwo cars in the United States and Canada, according to a media report.
Read more »

Tesla has a mini Model S for kids that costs $600, and this family bought it to teach their child about driving electricTesla has a mini Model S for kids that costs $600, and this family bought it to teach their child about driving electricOne man bought his daughter a Tesla Mini Model S as an early lesson in driving electric, while he saves up to buy his own Tesla someday.
Read more »

Tesla needs to hire someone to build the Model 3 so it can focus on the Model YTesla needs to hire someone to build the Model 3 so it can focus on the Model YSending Tesla Model 3 production to Europe and hiring a contractor could solve Tesla's logistics problems and free up US capacity for Model Y.
Read more »

Tesla stock closes at its lowest price since January 2017 to end a brutal weekTesla stock closes at its lowest price since January 2017 to end a brutal weekShares fell more than 5% on Friday to close out tough week for Elon Musk's electric car company.
Read more »

Tesla's stock is nearing a key line in the sand (TSLSA) | Markets InsiderTesla's stock is nearing a key line in the sand (TSLSA) | Markets Insider
Read more »



Render Time: 2025-02-25 14:26:45