Tesla Accused of $43 Million Canadian Rebate Fraud
Canada’s iZEV electric vehicle rebate program ended prematurely due to unexpectedly high claims, primarily from Tesla. Tesla’s last-minute surge in rebate applications, totaling over half of the remaining funds, left independent dealerships with significant unreimbursed costs. This situation has prompted an investigation by Transport Canada and criticism of Tesla’s actions. The incident highlights the potential vulnerabilities of government incentive programs and the financial risks for participating dealers.
John Q. Hosedrinker