Tesla offers unlimited lifetime Supercharging on new Model 3 inventory vehicles in Canada, replacing previous promotions with a limited timeframe. The perk allows owners to charge their vehicles for free at Tesla-owned Supercharger stations across Canada and North America, potentially saving thousands of dollars over the vehicle's lifetime. However, the benefit cannot be transferred to a new owner if the vehicle is sold. Analysts have a Hold consensus rating on TSLA stock with an average price target of $307.23 per share.
Tesla has announced a significant change to its Supercharging promotions in Canada, offering unlimited lifetime Supercharging on all new Model 3 inventory vehicles. This new promotion replaces previous offers that provided free charging for limited periods, such as 12 months or 18 months [1].
The unlimited lifetime benefit allows owners to charge their vehicles at any Tesla-owned Supercharger station in Canada and North America without incurring any costs. This can potentially save owners thousands of dollars over the lifetime of the vehicle. However, the offer is not transferable to a new owner if the vehicle is sold in the future [1].
This new promotion is designed to attract buyers and increase sales, especially in the face of a challenging market environment. Canada has implemented a zero-emission vehicle mandate that requires automakers to meet a 20% EV sales target by 2026 or purchase credits from overcompliant rivals. Additionally, Tesla has been navigating steep tariffs and slumping sales in Canada [2].
While the promotion is a significant benefit for buyers, it is important to consider the broader financial landscape. Tesla's stock has declined by 17% so far in 2025, and analysts have a Hold consensus rating on TSLA stock with an average price target of $307.23 per share [2].
In conclusion, Tesla's unlimited lifetime Supercharging offer on new Model 3 inventory vehicles is a notable promotion that provides substantial financial savings and convenience to owners. However, it is essential to evaluate the broader market conditions and analyst opinions when considering the investment potential of Tesla stock.
References:
[1] https://driveteslacanada.ca/news/tesla-adds-unlimited-supercharging-on-new-model-3-inventory-in-canada/
[2] https://stocktwits.com/news-articles/markets/equity/tesla-offers-free-model-3-supercharging-in-canada-after-price-cuts-to-counter-tariffs-slumping-sales/chsP9HNRdfG
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