Tesla Model S: More Expensive Because Of Fuel Prices?

Published on January 28, 2015 in Electric by Frédérick Boucher-Gaulin

It may seem ridiculous, but it's true. The low price of crude oil has an effect on the Tesla Model S' price: as fuel prices have gotten lower, the ultimate electric car's price has gone up!

We expected that since fuel prices have been dropping in the last few months, buyer's habits would revert to what they were (and indeed, big SUVs have become popular again...). However, if you have the foresight to think more than a year ahead, you know that fuel prices will go back up. You might be tempted to get the Tesla Model S, but there is a caveat: it is now more expensive by a few thousand dollars.

Why? The reason is simple: Since the value of the Canadian dollar is tied to crude oil prices (ever heard of the tar sands?), the difference between our dollar and the American dollar is getting larger. At the time of writing, the US dollar was worth $1.25 CAD.

If you want to order a well-equipped P85D, be prepared to pay up to $6,000 more than what you would have paid last month.

There is another solution, however. Our colleagues at Roulezelectrique.com report that there are a few P85Ds remaining at Tesla Montreal, and they haven't been affected by this price hike, since they were already in the dealership's inventory.

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