
Tesla sales plunge: Biggest decline in history
https://www.cnn.com/2025/04/02/business/tesla-sales?cid=ios_app
Posted by Barch3

Tesla sales plunge: Biggest decline in history
https://www.cnn.com/2025/04/02/business/tesla-sales?cid=ios_app
Posted by Barch3
1 comment
Do these sales figures include the 8,653 Sold in Canada on 1 weekend?
The Event: Four Tesla dealerships in Canada reported selling 8,653 electric vehicles (EVs) in a single weekend (January 10-12, 2025).
The Context: This happened shortly after the Canadian government announced it would pause its iZEV (Zero Emission Vehicle) program, which provided rebates for EV purchases.
The Claim: The dealerships claimed these sales to qualify for and claim over $43 million in rebates.
The Investigation: The Canadian government is now investigating whether Tesla wrongfully boosted sales to maximize rebate claims.
The Accusation: Some reports suggest that Tesla dealerships may have “gamed” the system by rushing to register vehicles before the program’s end.
The Data:
Publicly available data on funds dispersed by the iZEV program seem to show that four Tesla stores claimed roughly 8,600 sales in one weekend.
The Location: The dealerships are located in three major cities, with one dealership in Quebec City documenting more than 4,000 vehicle sales over a single weekend.
The Rebate: The iZEV program provided rebates for EV purchases, and the sudden spike in sales led to a large number of rebate claims.
The Rebate Amount: The total amount of rebates claimed by the dealerships was over $43 million.
The Timing: The sales spike occurred in the 72 hours after the government announced the funding for EV rebates was about to run out.
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