Canada Freezes $43M in Suspicious Tesla Rebates. Tesla's Claim of 1.5 Sales Per Minute Prompts Government to “Fully Examine Each Claim Individually.” - FuelArc News
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Looks like Tesla’s reliance on government subsidies has finally hit a wall in Canada. After Tesla requested reimbursement for an unprecedented 8,669 Canadian EV rebates in just three days, the Canadian government froze Tesla’s rebate payments and paused all future eligibility for federal rebates. For those keeping score, Tesla claimed to sell 1.5 vehicles per […]

Looks like Tesla’s reliance on government subsidies has finally hit a wall in Canada.

After Tesla requested reimbursement for an unprecedented 8,669 Canadian EV rebates in just three days, the Canadian government froze Tesla’s rebate payments and paused all future eligibility for federal rebates while tariffs are in place.

Read the full details and the fallout here.

  • danAEnglish
    27·
    5 days ago

    This makes me wonder how much they’ve gotten away with in other countries. Who knows if the sales numbers they’ve been reporting are even accurate?

    • pivot_root@lemmy.worldEnglish
      18·
      5 days ago

      Tesla’s stock is an irrational, overinflated hype stock with an absurd price-to-earnings ratio and a large-shareholder CEO who was being investigated by the SEC before he dismantled it.

      Considering that the stocks are used as his personal piggybank and his history of totally-not-market-manipulation-because-there-are-no-charges, I would be more surprised if the sales numbers are accurate.