this post was submitted on 27 Mar 2025
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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.com)
submitted 5 days ago by [email protected] to c/[email protected]
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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 while tariffs are in place.

Read the full details and the fallout here.

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[–] [email protected] 11 points 4 days ago (1 children)

Hear me out:

Everyone seems to think that Musky is the richest person on the planet, when that "fact" is based on his leveraged net worth, not liquid assets.

What if Musk was trying to do some shady garbage in / to Camada to pull a few million out to float him for a few months. This could be similar to what a normal person might do with a few hundred dollars from an ATM.

[–] [email protected] 3 points 4 days ago (1 children)

Musk is undeniably in the "uber rich" category. I argue that the difference between being a billionaire and a many-billionaire is mostly if not entirely academic in practice.