25/2/3 #TeslaNewsSummary
- Tesla Offers Up To 10% Discount On Insurance For Customers Using FSD
Tesla offers up to 10% insurance discounts to customers who frequently use FSD (supervised) features.
- Areas covered: Arizona, Texas
- Discount Terms: Get up to 10% off driving more than 50% of your total mileage with FSD capability
- Tesla slashes Cybertruck and Model 3 lease prices by up to 17%
Tesla Cuts Lease Prices For Cybertruck AWD And Model 3 In U.S.
- Cybertruck AWD: $899 → $749 (17% off)
- Model 3 Long Range RWD: $299 → $249 (17% off)
- Model 3 Long Range AWD: $399 → $349 (reduced by 12.5%)
- Model 3 Performance: $599 (No change)
- Benefits: $7,500 federal electric vehicle tax credit applicable
- Tesla Model 3 Offers $2,500 Discount On Purchase of Recommended Code
U.S. customers can get $2,500 off when they purchase a new Tesla Model 3 using a referral code. (Previous $500 → raised to $2,500) - Trump tariffs could raise U.S. car prices by up to $3,000
President Trump’s new tariffs could raise U.S. car prices by up to $3,000.
- IMPACT: Immediate hit to approximately a quarter of 16 million units per year (Ford, GM, Stellantis, Mazda, Toyota, etc.)
- Outlook: The likelihood of the auto industry facing a serious crisis due to tariffs
- Canada imposes 25% retaliatory tariffs on U.S. products… Electric vehicles included
In retaliation for Trump’s new tariffs, Canada plans to impose 25% tariffs on $155 billion worth of U.S. goods.
Step 1: (Enforced from February 4, 2025)
- Tariffs Target: Approximately $30 Billion worth of U.S. products
*Key Items
- Food: Orange juice, peanut butter, coffee
- Liquor: Wine, Distillers, Beer
- Consumer goods: home appliances, clothing, shoes, motorcycles, cosmetics
- Others: Pulp and Paper Products
- Detailed List: Coming Soon by Government of Canada
Step 2 action (additional retaliatory tariffs to be made)
- Tariffs Target: Additional U.S. Products Worth About $125 Billion
*Key Items:
- Cars: Cars, trucks, electric vehicles (including Tesla)
- Industrial goods: steel and aluminum products, aerospace products
- Agricultural products: beef, pork, dairy products, some fruits and vegetables
- Leisure products: recreational vehicles, boats, buses, trucks
- GM Cuts Production At Mexico’s Factory… 800 jobs lost
General Motors Co GM has decided to scale back its electric crossover production shift at its Mexico plant.
- IMPACT: Approximately 800 jobs lost at the end of the third shift
- Model of production: Chevrolet, Cadillac, Honda Electric