this post was submitted on 08 Mar 2025
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[–] expatriado@lemmy.world 111 points 1 day ago* (last edited 1 day ago) (3 children)

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

[–] Techlos@lemmy.dbzer0.com 31 points 1 day ago

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!

[–] Telorand@reddthat.com 43 points 1 day ago (1 children)

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.

[–] dustyData@lemmy.world 14 points 1 day ago

He even sucks at hiding fraud because he thinks he can get away with it like he does in the US.

[–] Draegur@lemm.ee 26 points 1 day ago (1 children)

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)

[–] Maeve@midwest.social 12 points 1 day ago

SunTrust. Not trustworthy.

[–] anachronist@midwest.social 58 points 1 day ago (1 children)

Wait till Elon finds out pardons don't work in Canada.

[–] pivot_root@lemmy.world 12 points 1 day ago (1 children)

That's fine, he'll just ask Trump to start a non-trade war to save him /s

[–] thatonecoder@lemmy.ca 11 points 1 day ago

I don't think it's a /s...

[–] Greyghoster@aussie.zone 30 points 1 day ago

1,200 sales in one day just as the rebate closed! Such efficiency! No wonder Musk Doggie was selected to sort out government efficiency????

[–] Reannlegge@lemmy.ca 34 points 1 day ago

The Presidents company will be charged but then his assistant will get mad at Canada and do something stupid with the tariffs.

[–] wolywood@lemmy.ca 10 points 1 day ago

Jerry Lundegaard, executive sales manager

[–] barnaclebutt@lemmy.world 13 points 1 day ago (5 children)

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?

[–] Master@lemm.ee 11 points 1 day ago

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.

[–] Enkers@sh.itjust.works 20 points 1 day ago

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.

[–] Showroom7561@lemmy.ca 5 points 1 day ago

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.

[–] bane_killgrind@slrpnk.net 10 points 1 day ago

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....

[–] psx_crab@lemmy.zip 6 points 1 day ago (1 children)

Maybe the ceo of the dealership or elon musk on a few thousand proxy?

[–] x00z@lemmy.world 5 points 1 day ago

Yeah, this type of fraud often tries to remain as legal as possible by using legal backdoors.

[–] zipzoopaboop@lemmynsfw.com 11 points 1 day ago (1 children)

I think they all wound up in Richmond BC. Stopped by last weekend and like 70% of the cars were Tesla

[–] easily3667@lemmus.org 4 points 1 day ago (1 children)

Rich men north of Richmond?