Quote:
Originally Posted by Titan2
[The following is exactly what you are alluding too. Poor reading skills on my part. Still relevant I guess.]
I heard a piece on the news that several Tesla's are under investigation for ghost sales on cars to take advantage of the government subsidy to buy EVs. There is an investigation started.
https://www.theautopian.com/tesla-cl...doesnt-buy-it/
"Whenever the price of something is expected to rise dramatically on a certain predetermined date, a bull rush is practically inevitable. Just look at how enthusiastic Quebecois motorists helped Canada run out of federal EV rebate money early. It turns out, though, that drivers weren’t the only ones going all-in. Tesla claims to have sold a ridiculous number of cars right at the end, a number so preposterous the Canadian government is looking into it.
On Jan. 13, Canadian federal EV rebates hit pause due to insufficient funding, but not before Tesla reportedly made a break for it. The Toronto Star reports that the automaker claimed 8,653 rebate-eligible sales in 72 hours. That’s just over two cars every minute around the clock, which doesn’t sound particularly feasible. The rebates claimed by Tesla over this period total up to $43.1 million, leading Huw Williams of the Canadian Automobile Dealers Association to comment that “Tesla had a run on the bank.” |
Definitely seems fishy. If I've googled my numbers correctly the entire program was $280M, and Tesla got about $50M in the last 3 days. So almost 20% of the volume of the entire program from just 4 stores in just 3 days?
Even if they were saving forms and submitting late because they realized the program was wrapping up (leaving literally millions in accounts receivable on the table because they were too lazy to process the forms?) that seems like a ridiculous amount to have go throuh.