Looks like Tesla’s profiting off 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 those keeping score, Tesla claimed to sell 1.5 vehicles per minute, a huge spike that came after the company was alerted that the rebate fund would run out.

That means that $43 million in Tesla rebate payments are frozen and future subsidies paused. Read on for the full story!

  • KayLeadfoot@fedia.ioOP
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    6 days ago

    I wondered the same thing.

    Spite? Muscle memory, from when he wasn’t a billionaire? Or we might see a self-selection thing happening. The folks who have any point where they are sated, those folks, we never even notice those folks, they do good in business and never get public attention. Billionaires are only the folks where the chase broke some limiting factor in them, they have no satiation point, and so folks notice them.