I am becoming increasingly concerned about the state of the CAD/USD exchange rate, and the impact on the price of the Model 3. If market projections are correct, the 35k USD may be 46-49K CAD, by the end of the year.
I believe that GM doesn't use a straight exchange rate when it comes to the price of the Bolt, but are there any indications of Tesla updating how they price their cars in other currencies? I think they use a quarterly updated exchange rate, but this is really going to kill my dream of getting some of the options I am hoping for.
Given this, two key questions:
1) Are there any indications of Tesla updating their policy on pricing in other currencies, such as GM does with the Bolt?
2) Are there any fellow Canucks or other folks in non USA countries who have a solid approach on how to hedge against the difference between their currency, and the USD?
Any info, tips and advice would be appreciated!
Thanks!
I believe that GM doesn't use a straight exchange rate when it comes to the price of the Bolt, but are there any indications of Tesla updating how they price their cars in other currencies? I think they use a quarterly updated exchange rate, but this is really going to kill my dream of getting some of the options I am hoping for.
Given this, two key questions:
1) Are there any indications of Tesla updating their policy on pricing in other currencies, such as GM does with the Bolt?
2) Are there any fellow Canucks or other folks in non USA countries who have a solid approach on how to hedge against the difference between their currency, and the USD?
Any info, tips and advice would be appreciated!
Thanks!