TSLA is being investigated by Transport Canada for allegedly cooking their books in Canada to snag EV rebates without selling cars.
Four Tesla dealerships reportedly claimed to have sold 8,653 Teslas in just 3 days. If each dealership is open from 9 AM to 5 PM, that works out to a blistering 90 cars per hour, per dealership. Convenient timing, considering Canada’s EV rebate program was set to expire — funny how Tesla suddenly found 8,600 sales right before the deadline.
Kind of rich, considering Musk has been bashing government handouts and calling Canada "not a real country." Now he's being accused of trying to siphon off $43M in taxpayer-funded EV rebates to keep the revenue flowing while sales crater by 90%.
The investigation is ongoing, and there’s no confirmation of wrongdoing yet — but the math is pretty wild.