Suspicious Tesla Sales Surge Triggers Canadian Government Investigation
Suspicious Tesla Sales Surge Triggers Canadian Government Investigation
Tesla reported 8,600 sales in three days, triggering $43 million in government EV rebates. A single Toronto Tesla location claimed over 1,200 sales, raising concerns about possible rebate misuse. Transport Canada is investigating potential irregularities in Tesla’s sales amid the suspension of the r...
Tesla location in Toronto reported more than 1,200 sales on January 11 alone
those numbers look very fishy, and i used to work for Well Fargo, i am familiar sales manipulation :D
My company literally works with car dealerships (i.e. they're our clients), and those numbers are suspicious as fuck.
1200 sales of even ICE cars would be extremely odd at a single dealership in a single day. Most get a few hundred in a month.
But Elon is not smart enough to know any of that, and it would not surprise me if they find out he ordered this cockamamie scheme directly.
He even sucks at hiding fraud because he thinks he can get away with it like he does in the US.
naaaah, surely around 30 different massive companies all did a fleet order on the same day at the same dealership? there's no way the wanker who constantly manipulates stocks would manipulate sales!
used to
grats on getting out fam
those parasites are scum of the earth
i used to work for BB&T (oh shit that place got merged and calls itself Truist now. Damn)
SunTrust. Not trustworthy.
Wait till Elon finds out pardons don't work in Canada.
That's fine, he'll just ask Trump to start a non-trade war to save him /s
I don't think it's a /s...
1,200 sales in one day just as the rebate closed! Such efficiency! No wonder Musk Doggie was selected to sort out government efficiency????
The Presidents company will be charged but then his assistant will get mad at Canada and do something stupid with the tariffs.
Jerry Lundegaard, executive sales manager
I don't really get this. I understand it looks like fraud as tesla rebates are going away. However, who bought the Teslas? Are they saying the sales never occurred? Is some asshole going to have 32 cyber trunks in his driveway?
My guess is the dealership owner bought them on paper to secure the rebates and then was going to resell them as new at full price and just pocket the extra.
My guess is that nobody wants a nazi-mobile, stock prices are crashing through the bedrock, and they need imaginary sales on the books to appear to be less of a radioactive hot potato.
However, who bought the Teslas?
Likely nobody. These are probably sold only on paper, so "someone" can cash in on millions in rebates.
I hope the investigation is swift and expands to other Tesla dealers, because this is probably not an isolated scam.
I think dumping stock is less the fraud, could have been structuring sales to take advantage of tax year stuff. Like they delayed reporting.
Or they regain less from writing them off then giving them away and taking the credit.... Hmmm....
Maybe the ceo of the dealership or elon musk on a few thousand proxy?
Yeah, this type of fraud often tries to remain as legal as possible by using legal backdoors.