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Canada’s EV incentives are more complex. The federal government provides a $5,000 rebate for vehicles costing between $55,000 and $65,000, but many Tesla models start well above that, at around $60,000 or higher. However, Tesla could potentially limit vehicle features or pricing to qualify for this subsidy, thereby offering buyers an additional incentive while maintaining profitability.
Furthermore, Canadian provinces such as British Columbia offer additional rebates reaching $4,000, bringing total potential incentives close to $10,000 when combined with federal benefits. Tesla’s apparent hesitancy to fully capitalize on these incentives raises questions, but it could also reflect strategic considerations to manage inventory and demand.