EV Daily | Tesla Faces Probe Over Canadian Sales Spike Amid Global Market Shifts and New Factory Plans
Generated by AI AgentAinvest Market Brief
Saturday, Mar 8, 2025 7:00 am ET1min read
TSLA--
【Tesla】
Transport Canada is investigating TeslaTSLA-- due to a high number of rebate requests made in the final days of the Canadian EV incentive program. Tesla's significant sales surge raised suspicions, with four locations claiming to have sold 8,653 EVs in three days, leading to concerns about possible manipulation. In Quebec City alone, Tesla claimed sales that seemed logistically improbable given location size. This surge has affected other dealerships, leaving them without rebates. Tesla's Model Y and Model 3 remain popular in the US, with both models among the top-selling EVs and still available for under $300 a month in leasing deals. However, Tesla is facing a significant sales drop in Europe, notably a 70% decrease in Germany. Meanwhile, Tesla is offering discounted financing on the Cybertruck amidst its disappointing performance. The company is also building a new Megafactory in Texas.
【Others】
Hyundai's 2025 IONIQ 5 and IONIQ 6 models are arriving with discounts, and a new variant, the Hyundai Insteroid, is speculated to be a more powerful version of the Inster EV crossover. Kia and Hyundai continue to offer affordable EVs, with models like the Kia Niro EV and Hyundai IONIQ 5 available for leasing deals. The Honda Prologue and Acura ZDX are also offered with attractive lease prices, making them affordable options in multiple states. Similarly, Chevrolet's 2024 Equinox and Blazer EVs can be leased under competitive terms. Ford's Mustang Mach-E and F-150 Lightning continue to attract buyers with additional perks like free home chargers. Subaru's Solterra and Toyota's bZ4X are also gaining traction, with the Solterra offering competitive leasing options with AWD. Volkswagen has unveiled the ID.EVERY1 as part of its entry-level electric vehicle lineup, with production set for 2027. Rad Power Bikes is undergoing leadership changes and financial challenges, impacting its operational direction and market presence. REGENT has launched the world's first full-scale electric seaglider, blending aircraft speed with boat travel, and is testing prototypes with plans for future passenger flights.
Transport Canada is investigating TeslaTSLA-- due to a high number of rebate requests made in the final days of the Canadian EV incentive program. Tesla's significant sales surge raised suspicions, with four locations claiming to have sold 8,653 EVs in three days, leading to concerns about possible manipulation. In Quebec City alone, Tesla claimed sales that seemed logistically improbable given location size. This surge has affected other dealerships, leaving them without rebates. Tesla's Model Y and Model 3 remain popular in the US, with both models among the top-selling EVs and still available for under $300 a month in leasing deals. However, Tesla is facing a significant sales drop in Europe, notably a 70% decrease in Germany. Meanwhile, Tesla is offering discounted financing on the Cybertruck amidst its disappointing performance. The company is also building a new Megafactory in Texas.
【Others】
Hyundai's 2025 IONIQ 5 and IONIQ 6 models are arriving with discounts, and a new variant, the Hyundai Insteroid, is speculated to be a more powerful version of the Inster EV crossover. Kia and Hyundai continue to offer affordable EVs, with models like the Kia Niro EV and Hyundai IONIQ 5 available for leasing deals. The Honda Prologue and Acura ZDX are also offered with attractive lease prices, making them affordable options in multiple states. Similarly, Chevrolet's 2024 Equinox and Blazer EVs can be leased under competitive terms. Ford's Mustang Mach-E and F-150 Lightning continue to attract buyers with additional perks like free home chargers. Subaru's Solterra and Toyota's bZ4X are also gaining traction, with the Solterra offering competitive leasing options with AWD. Volkswagen has unveiled the ID.EVERY1 as part of its entry-level electric vehicle lineup, with production set for 2027. Rad Power Bikes is undergoing leadership changes and financial challenges, impacting its operational direction and market presence. REGENT has launched the world's first full-scale electric seaglider, blending aircraft speed with boat travel, and is testing prototypes with plans for future passenger flights.

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