TSLA being investigated for cooking their books in Canada to snag EV rebates without selling cars. They claimed that just 4 dealerships sold 8,600+ cars in 3 days.

The article notes that **four Tesla dealerships claimed to have sold 8,653 Teslas in 3 days.** Assuming each dealership opens from 9AM-5PM, that's **90 cars sold per hour per dealership**.

Investigation is ongoing and there has been no confirmation yet of official wrongdoing yet.

Regardless of the findings, the case for exiting a TSLA position can be made because

1. If the allegations are true, this is fraud and a Lucky Coffee chain scenario
2. If the allegations are false, =many are saying it's because Tesla reports late. Internal reporting and accounting practices seem to be in disarray for a once $1t+ company.

Ironic that Musk, who said social security and welfare is leeching, is now accused of leeching off taxpayer-funded EV rebates himself.

Article: [https://electrek.co/2025/03/07/tesla-made-a-suspicious-number-of-rebate-requests-on-last-days-of-canadian-ev-incentive/](https://electrek.co/2025/03/07/tesla-made-a-suspicious-number-of-rebate-requests-on-last-days-of-canadian-ev-incentive/)