Tesla Details Economic Impact in Canada: $762 Million Contribution to GDP

Tesla detailed new results from a study on the economic impact it has had in Canada, noting that it has come a long way since it first delivered the Model S in 2011 and opened its first store in Toronto in 2012.

According to the email received by Tesla North on Monday, the commissioned EnviroEconomics study detailed a number of Tesla’s accomplishments and financial contributions to Canada, as well as gas and vehicle goals reached in its more than a decade in the country.

“Perhaps less well known is our manufacturing and engineering footprint in Canada. In late 2019, we established Tesla Toronto Automation, where we engineer and build high-speed, continuous motion, battery assembly line equipment for export to our global factories,” Tesla wrote in the email detailing the study. “We also conduct world-leading research in Canada into subjects including long-life batteries and clean cathode in Nova Scotia and Ontario.”

Among the highlights, Tesla noted that it contributed $762 million CAD ($566 million USD) to Canada’s Gross Domestic Product in 2021 with the automaker’s operations and supply chain. Additionally, it provided 6,645 full-time jobs in the same year, with 3,100 of those being a direct result of Tesla’s operations and spending on goods and services in Canada.

The company’s operations also saw over 583,000 tonnes of CO2 emissions avoided because of Tesla’s vehicles in Canada between 2018 and 2021, with a total of over 145,000 of the company’s vehicles in the country.

The last of Tesla’s major accomplishments listed in the study include a total household reduction of $113 million CAD alone in 2021 on transportation fuel, equating to about $1,259 per vehicle in the country.

“These achievements have been made possible thanks to our Canadian customers and the whole Tesla team. Thank you,” concluded the Tesla Policy team’s email.

The news comes after Tesla was hiring a high volume recruiter in Quebec last year, stoking speculation that the automaker could be considering plans to build a factory in Canada.

Tesla also shared a recruiting video from November 2021 in the email, added to its YouTube channel on February 1 but it’s “unlisted”. We told you about this first yesterday:

YouTube video