Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman 
Samsung Launches Galaxy Z TriFold to Elevate Its Position in the Foldable Smartphone Market 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
Visa to Move European Headquarters to London’s Canary Wharf 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
Tesla (NASDAQ:TSLA) is set to increase prices for all its vehicles in Canada beginning February 1, as per updates on its Canadian website. The price adjustments will affect the popular Model 3, Model Y, Model S, and Model X, with significant hikes across the lineup.
The Model 3, one of Tesla's most affordable options, will see a price increase of up to C$9,000 ($6,254.78). The Model Y will follow with price hikes reaching C$4,000. Tesla's premium vehicles, the Model S and Model X, will also experience increases of up to C$4,000.
These changes come amidst Tesla’s ongoing strategy to balance supply and demand, reflecting market conditions and production costs. The price adjustments may impact prospective buyers evaluating Tesla’s vehicles, which are known for their cutting-edge technology and electric performance.
Canadian consumers considering Tesla’s models should act quickly before the changes take effect. Tesla's move highlights its dynamic pricing strategy as it continues to lead the electric vehicle market.
Tesla shares (TSLA) may also see reactions from this announcement, with investors closely monitoring market responses. The company's pricing strategy often reflects its focus on maintaining growth while adapting to regional markets.
The electric vehicle giant’s price hike in Canada follows similar pricing decisions in other markets, emphasizing its global strategy to align pricing with demand trends.
