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

submitted 1 day ago by KayLeadfoot@fedia.io to c/nottheonion@lemmy.world

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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.

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[–] 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 52 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 2 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.