| Updated: 23-01-2025 10:11 IST | Created: 23-01-2025 10:11 IST This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only. SHARE Tesla announced it will raise car prices across its Canadian range from February 1, significantly affecting consumers. Prices for Model 3 could increase by as much as C$9,000 ($6,254.78), while Model Y variants will see hikes reaching C$4,000. The price increases extend to all versions of Model S and X as well, each set to rise by C$4,000, according to Tesla's Canadian website. Notably, the company has not provided an explanation for this decision. This development coincides with Canadian Prime Minister Justin Trudeau reiterating a readiness to respond to potential new U.S. tariffs on imports from Canada and Mexico. Moreover, Canada already imposes a 100% tariff on electric vehicles from China, impacting Tesla imports from its Shanghai factory. (With inputs from agencies.)