Tesla has launched its non-foundation series Cybertrucks in Canada, offering a more affordable option for customers. The lower-priced all-wheel drive variant starts at C$114,990 (approximately $79,759), while the more premium Cyberbeast variant starts at C$142,990.
Key Details
- The non-foundation series all-wheel drive variant is priced at C$114,990
- The Cyberbeast variant is priced at C$142,990
- The foundation series, a limited and premium edition version of the vehicle, is still available in Canada
- The foundation series has seen a significant price hike of up to 11.6%
Foundation Series Price Hike
The foundation series, which was initially the only option available in Canada, has seen a price increase. The all-wheel drive variant now costs C$153,990, while the Cyberbeast variant costs C$181,990. This marks a significant price hike from the previous prices of C$137,990 and C$165,990, respectively.
Why It Matters
The price hike on the foundation series Cybertruck comes after Tesla increased prices on its cars in Canada. The company had previously warned that it would hike prices on its cars starting in February, but did not provide a reason. The price hike on the Cybertruck was not expected, and it remains to be seen how customers will respond to the change.
Recent Price Hikes
Tesla has been increasing prices on its vehicles in Canada, with the Model 3 seeing a price hike of up to C$9,000 and the Model Y, X, and S seeing a price hike of up to C$4,000. The company had warned of the price hikes in January, but did not provide a reason for the changes.
Exchange Rate
For reference, the current exchange rate is C$1 = $0.69.