Not The Onion

14293 readers

2427 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

Links to news stories from...
...credible sources, with...
...their original headlines, that...
...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 2 years ago

MODERATORS

kescusay@lemmy.world

471

Tesla Claimed 8,669 Canadian EV Rebates as the Program Ran Out of Funds… That’s 1.5 Sales Per Minute (fuelarc.com)

submitted 23 hours ago by KayLeadfoot@fedia.io to c/nottheonion@lemmy.world

24 comments fedilink hide all child comments

Between January 10 and January 12, after being warned that an EV rebate program was running out of funds, Tesla dealerships in Canada managed to claim 8,669 individual iZEV EV rebates, or about $43 million CAD in incentives. That’s a staggering number of sales to log in a single weekend, about 1.5 sales per minute. Let's dig into the numbers.

you are viewing a single comment's thread
view the rest of the comments

[–] Hobbes_Dent@lemmy.world 82 points 21 hours ago (1 children)

Canadians are furious, but even considering an uptick to catch rebates this is pure fraud:

Let’s run the numbers:

8,669 iZEV rebates over three days claimed by Tesla dealerships.

Mostly claimed by four Tesla locations.

Tesla dealerships in Canada are open from 10 AM to 6 PM.

That works out to 722 rebates per primary dealership per day.

Which equals 90 iZEV rebates per hour.

Or 1.5 Tesla sales per minute.

Let’s take a step back. Two Tesla sales every 90 seconds? That’s absurd. A good car salesperson might close two deals in two hours, not per minute. And that’s in a normal sales environment… not one where every eligible car has to be processed for a government rebate at the same time.

[–] neatchee@lemmy.world -4 points 20 hours ago* (last edited 17 hours ago) (2 children)

Is it possible some of these were liquidations or inventory sell-off or something? As a data person my initial assumption would be a few bulk purchases throwing this calculation out of whack

I could see some private dealership figuring out a way to buy the vehicles and resell them as a hard-to-get item later

Edit: down votes for asking a question? Y'all are weird. I'm not even saying it's not fraud.

[–] DragonTypeWyvern@midwest.social 51 points 19 hours ago* (last edited 19 hours ago)

If by "private dealership" you mean the Tesla dealerships themselves. "Buy" their own cars, pocket the rebate, sell the car later.

You know.

Fraud.

[–] HK65@sopuli.xyz 11 points 19 hours ago (1 children)

Do non-consumer purchases count as eligible for the rebate if they plan to resell?

[–] neatchee@lemmy.world 4 points 17 hours ago (1 children)

I have no idea. That's why I was asking 🤷

[–] KayLeadfoot@fedia.io 1 points 6 hours ago

So, the data has a "commercial" or "consumer" flag, Canada is apparently quite sensible and thought one step ahead of the shady things auto dealers might try - so we'd be able to see if it was a wholesale sort of deal, I think.

It wasn't, all the sales I saw were consumer flagged.