Tesla Model 3 sales surge in Canada after China trade deal

financialpost.com —

Tesla's Model 3 sales in Canada surged in the third quarter after Chinese-made vehicles began arriving under a new trade deal, boosting the company's overall performance. DesRosiers Automotive Consultants attributed the boost to shipments from China and aggressive Canadian pricing, with some trims 25 percent cheaper than in the U.S. Nearly 16,000 EVs have arrived since May, half priced below $35,000. The influx follows Prime Minister Mark Carney's deal with President Xi Jinping allowing up to 49,000 EVs annually at a 6.1 percent tariff, replacing a 2024 surtax. Tesla delivered 486,532 vehicles worldwide, beating expectations amid U.S. and Chinese challenges.


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