• waddle_dee@lemmy.world
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    5 months ago

    Hopefully, this amounts to a fraud investigation and shareholders dump their stocks and cause Musk to fall below the margin call and then he liquidates and Tesla goes to rock bottom.

    • ExcessShiv@lemmy.dbzer0.com
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      5 months ago

      Doesn’t he only own like 13% of the stock in Tesla? His wealth is barely affected by Tesla going bankrupt

  • NotMyOldRedditName@lemmy.world
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    5 months ago

    Option 1: Tesla fraudulently filed rebates

    Option 2: Tesla filed a backlog of rebates when they realized they had to

    Both are possible, but everyone is jumping to conclusion that it’s option 1, while option 2 is the easier answer.

    Also the government said they’re going to let all the other rebates that this pushed out at the last minute get the rebate regardless of if these were legit or not.

    • Pennomi@lemmy.world
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      5 months ago

      Option 2 should be easy to prove, so why didn’t they do that already, like literally the same day they were accused of it? Then their funds wouldn’t have been frozen.

      • NotMyOldRedditName@lemmy.world
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        5 months ago

        I imagine they probably don’t want to release the information that would prove it if they could, and if they did it’d be redacted enough that no one would believe it anyway. It also costs money to fight endless things like this.

        Ultimately, if the government comes back and says its legit, then people will believe it. If it’s fraud, there should be punishment.

        That whole 1.5 billion accounting fraud story last week, I don’t think Tesla said anything official about it or done anything at least to specifically disprove it, but the FT has now retracted the story saying they made a mistake.

    • alaphic@lemmy.world
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      5 months ago

      Maybe they shouldn’t have kept a backlog then? That certainly sounds like a ‘them’ problem though, doesn’t it?

      Doesn’t strike me as very efficient either

    • Buelldozer@lemmy.today
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      5 months ago

      So I’m cruising through the rules surrounding Canada’s iZEV program and contrary to all of the media coverage I can’t find any requirement that the vehicle be “delivered”… It’s even described on the official Transport Canada website as a “Point of Sale” program. Delivery at the time of sale doesn’t seem to be a requirement.

      Further if you look at the process, which also references this as a “Point of Sale or Lease” program, and the e-forms the end purchaser IS involved with this and consents to Transport Canada contacting them about their purchase.

      The number of vehicles does seem high but only in the context of individuals however the iZEV program allows for Fleet Sales and some entities could claim up to 50 vehicles. Now all of a sudden what would need to be 8,000 individual sales could theoretically be as low as 160.

      After reviewing the process and the forms it seems believable that Tesla slammed a bunch of legitimate sales into the system at the last minute. It’s a LOT less believable that Tesla made up all of these sales as the documentation requirements mean they’d certainly be caught the minute anyone checked.

  • SkyNTP@lemmy.ml
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    5 months ago

    Maybe keep your shitty politics out of your shitty product next time, and then you won’t face political consequences.

  • CileTheSane@lemmy.ca
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    5 months ago

    Trump calling this “Domestic Terrorism” and threatening Tariffs in response in 3… 2…

  • Pika@sh.itjust.works
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    5 months ago

    after what US has done tariff wise I’m surprised that they haven’t blocked all US companies from it.

  • jasoman@lemmy.world
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    5 months ago

    Canadians taking on the Nazis they should send canned food to tesla next.

  • Brickfrog@lemmy.dbzer0.com
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    5 months ago

    What’s going on in Quebec?

    The federal government is following the same strategy as some provinces. British Columbia has recently banned Tesla products from its EV charger rebate. Nova Scotia just announced that it has excluded Tesla from its $2,000 rebate at the purchase of a new EV.

    Quebec just relaunched its own EV incentive program today. It will come into effect next week, and so far, Tesla’s Model 3 and Model Y vehicles are still included in the list of eligible vehicles.