CNBeta — 2026-05-02#
Top Story#
According to a CNBeta report on Tesla’s Canadian pricing, the starting price of a Model 3 has plummeted by 50% to 39,490 CAD (roughly 198,000 RMB), making it significantly cheaper in Canada than in its domestic Chinese market. This massive market disruption is driven by Tesla shifting its Canadian vehicle supply to the Shanghai Gigafactory, capitalizing on China’s low production costs and a recent China-Canada tariff agreement that dropped import taxes on Chinese-made EVs to 6.1%. This pricing strategy vividly illustrates how Chinese manufacturing advantages are actively reshaping global EV competition and Western market dynamics.