The Tesla of Elon Musk was released from fraud by Canada in $ 43 million ZEV Rebates Case: Report – Tesla (Nasdaq: TSLA)

Transport Canada, the Apex Regulatory Body in Canada that supervises the transport rules in the country, tidy Tesla Inc. Tsla of misconduct in the Incentives of Canada for the discount program of Zero Emission Vehicles (IZEV).

What happened: The agency said that the EV giant of fraud cleaned up after launching a probe after more than 8,563 discount claims submitted by four Tesla stores in Canada in a single weekend in January 2025, Drivetesesla Canada reported on Friday.

The discounts were worth more than $ 43.2 million, which was almost half of the remaining budget of $ 71.8 million, says the report. Tesla had claimed that the time frame was the result of deliveries left behind and said that the rules of the program said that the submissions were legal after delivery of the discount claims.

Questions were asked for the first time when the four stores, including an outlet in Quebec that submitted more than 4,000 claims in one day, included more than 88.7% of the total claims, suggests the report.

However, Tesla will still be excluded from any future IZEV program due to American rates and “geopolitical tensions” with CEO Elon Muskthe report described.

Why it matters: The news is because the sale of Tesla has decreased in Canada, whereby researchers suggest that the figures ‘have reached almost zero’. Tesla’s turnover in Quebec fell by more than 87%, according to data released by SAAQ from Quebec.

Tesla’s turnover also experienced double digits in Europe, with the turnover in Denmark and Sweden more than 60% in the two Scandinavian countries.

Elsewhere, Tesla has been under fire from experts such as Gerber-KawasakiCo-founder Ross GerberFor the political activities of Musk with the “America Party” and the sale.

Tesla recently announced that it will hold its annual shareholders’ meeting after the pressure of large investors, who expressed concern about the politics of Musk and rising tensions with president Donald Trump.