Politics F' Elon Musk!

Welcome to our community

Be a part of something great, join today!

Register Log in
Canadian officials investigate Tesla’s sudden surge in sales before the EV rebate program was paused.

  • 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 rebate program.
Canadian officials are investigating an unusual spike in Tesla vehicle sales that coincided with the suspension of the federal EV rebate program in January. Over a three-day period, Tesla reported selling 8,600 vehicles at four locations across the country, resulting in $43 million in government rebates.

One Tesla location in Toronto reported more than 1,200 sales on January 11 alone, accounting for $4 million in rebates. These figures have raised concerns among industry analysts, who question whether the registrations were legitimate or whether Tesla knew about the rebate program’s impending pause.

The Canadian Automobile Dealers Association has urged Transport Canada to investigate, citing potential misuse of the rebate system. Attempts to reach Tesla for comment have gone unanswered.

The federal EV rebate program, facilitating over 500,000 electric vehicle purchases since its inception, was paused on January 13, 72 hours after the government signaled its potential suspension. Officials are now reviewing the Tesla sales data to determine if any irregularities occurred during the program’s final days.

https://motorillustrated.com/suspic...ers-canadian-government-investigation/149947/
 
SlyPokerDog said:
Canadian officials investigate Tesla’s sudden surge in sales before the EV rebate program was paused.

  • 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 rebate program.
Canadian officials are investigating an unusual spike in Tesla vehicle sales that coincided with the suspension of the federal EV rebate program in January. Over a three-day period, Tesla reported selling 8,600 vehicles at four locations across the country, resulting in $43 million in government rebates.

One Tesla location in Toronto reported more than 1,200 sales on January 11 alone, accounting for $4 million in rebates. These figures have raised concerns among industry analysts, who question whether the registrations were legitimate or whether Tesla knew about the rebate program’s impending pause.

The Canadian Automobile Dealers Association has urged Transport Canada to investigate, citing potential misuse of the rebate system. Attempts to reach Tesla for comment have gone unanswered.

The federal EV rebate program, facilitating over 500,000 electric vehicle purchases since its inception, was paused on January 13, 72 hours after the government signaled its potential suspension. Officials are now reviewing the Tesla sales data to determine if any irregularities occurred during the program’s final days.

https://motorillustrated.com/suspic...ers-canadian-government-investigation/149947/
Click to expand...

Over a three-day period, Tesla reported selling 8,600 vehicles at four locations across the country, resulting in $43 million in government rebates.
 
get_attachment_url
 
SlyPokerDog said:
Literally!

Gl4WqHOXIAA1f--
Click to expand...
Lol. Insane. She seems like such a sweet person, too.

He's been an absolute piece of shit to her.

I want to say that I hope she releases it (because he definitely deserves that). What I really mean is that I hope this leverage gets her custody of her kids.
 
Musk said Hitler (along with Stalin and Mao) did not murder millions of people. Public sector workers did.

SS is "public sector workers".

Charles Manson is innocent. He never actually killed anyone. Neither did Jim Jones.
 
Federal employees, many of whom had been working remotely for years, have been ordered to return to in person work. To help them find space, Musk created an app. Because he is a genius who knows more about computers than anyone. Workers who tried to use app found themselves directed to "offices" in a closed down Subway, warehouse, private home and various broom closets.

This is the person who wants to run air traffic control and social security.
 
Last edited:
Musk praised El Salvador president for firing country's supreme court and replacing with his loyalists, something Netanyahu also tried. In true Orwellian fashion, Musk said replacing judges is necessary for democracy.
 
At lunch with friends. One left table when she got a call from her son. Returned and announced he had been in car accident. Airbag deployed and broke his wrist.

He hit a Tesla.

When she said that, the whole room erupted in applause.
 
5hawyj0hotpe1.jpeg


Financial Times Analysis: $1.4 Billion of Tesla Assets "Appear to have gone astray"

In light of the recent plunge in Tesla’s stock price that has seen the company lose 50% of its valuation in a matter of weeks, the highly respected Financial Times did an analysis of Tesla’s publicly available financial data, and to their surprise, they discovered that $1.4 billion of assets “appear to have gone astray.”

The Brits have such a wonderful way with words, don’t they? “Gone astray”. Sounds like 1.4 billion of Bo Peep’s sheep have innocently wandered away from the field on a sunny day, and the little scamps only need to be rounded up and brought back to the pen. That’s so much more appealing than saying $1.4 billion of Tesla’s assets are missing and unaccounted for, which could give some the impression that malfeasance is afoot and that there has been deliberate manipulation of Tesla’s financial documents to give the false impression the company is doing better than it actually is.

Such anomalies can be red flags, potentially indicative of weak internal controls. Aggressive classification of operating expenses as investment can be used to artificially boost reported profits.
Tesla did not respond to requests for comment.
​
Additionally, the Financial Times’ analysis reveals the company took on an additional $6 billion in debt, despite claiming to have $36 billion in cash. Why would they take a loan when they have the cash, and the loan rate is surely higher than the ROR (rate of return) of whatever liquid instruments they’ve invested their cash in? Do they have the amount of cash they say they do? Curious.

A combination of excess cash flow and ongoing capital raising is another red flag that can signal accounting misstatements.
​
Maybe this is all just a byproduct of some of that DOGE efficiency Elon Musk has been reigning down on the U.S. government and generously sharing with the American people. Maybe it’s a Ponzi Scheme — Musk seems to know all about them. I have no clue, but something seems “astray”.

I wonder if this FT article will get any traction with shareholders and Tesla’s board. The stock price was likely going to drop quite a bit further anyway due to the Musk scent, but if further analysis reveals fraud, the stock could be doing the Triple Lindy in no time. And hopefully, Elon Musk with it.

https://www.dailykos.com/stories/20...on-of-Tesla-Assets-Appear-to-have-gone-astray
 
You must log in or register to reply here.

Users who are viewing this thread

Total: 1 (members: 0, guests: 1)

Featured content

Back
Top