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George M@GeorgeM_Growth · Apr 1, 2025

TRUMP FREAKS OUT as Tesla got banned from Canada’s EV program. $43M frozen. Future rebates blocked. Billions at risk.…

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Summary

Tesla was banned from Canada's EV incentive program and had $43M in rebates frozen after a suspicious rebate claim and Trump's 25% tariffs triggered Canadian retaliation. The move has cascading effects across provinces and is part of an escalating trade war between the US and Canada.

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  1. #1

    TRUMP FREAKS OUT as Tesla got banned from Canada’s EV program. $43M frozen. Future rebates blocked. Billions at risk. This isn’t just policy—it’s a crushing blow to Elon's empire. Here’s what just happened (and why it matters): 🧵

  2. #2

    It started quietly: Transport Canada froze $43M in Tesla rebates. No warning. No explanation. Then came the bombshell: Tesla is banned from all future incentives—nationwide.

  3. #3

    Why? Because of Trump’s new 25% tariffs on Canadian auto parts. Canada retaliated. And Tesla was the **first target**.

  4. #4

    But this runs deeper than politics. Tesla filed a suspiciously massive rebate request—$43.1M. Allegedly tied to 8,753 car sales… From just four dealerships. In one weekend.

  5. #5

    That’s one sale every 30 seconds. Officials cried foul. The Canadian Auto Dealers Association called it manipulation. The government launched a full-blown investigation.

  6. #6

    Then came the crackdown: - All rebates frozen - Tesla delisted from the national EV program - Provinces followed—cutting Tesla from local programs too Ontario. Nova Scotia. Manitoba. Done.

  7. #7

    The fallout? - 80+ Tesla cars vandalized in Ontario - Protests outside dealerships - Investigations into past claims Tesla went from golden child to national target—overnight.

  8. #8

    Since 2019, Tesla has pulled in over $713M CAD in Canadian EV incentives. No other automaker comes close. Officials now want everything audited.

  9. #9

    And the final twist? Other brands—Hyundai, Ford, GM—are still eligible. Still getting rebates. Still backed. Only Tesla got the boot.

  10. #10

    Trump is *livid*. Not because of Tesla. Because Canada hit back harder and faster than expected. And now? He’s threatening tariffs on Europe next.

  11. #11

    Meanwhile… 📉 Tesla stock down 5.6% 📉 European sales dropped 47% 📉 Global supply chain under pressure This isn’t a PR crisis—it’s a multi-front war.

  12. #12

    Tesla got caught in the middle of a trade war. This time, Elon can’t meme his way out. Because when business meets politics, The fallout is real.

  13. #13

    I hope you've found this thread helpful. Follow me @GeorgeM_Growth for more. Like/Repost the quote below if you can:

    George M@GeorgeM_Growth · Apr 1, 2025

    TRUMP FREAKS OUT as Tesla got banned from Canada’s EV program. $43M frozen. Future rebates blocked. Billions at risk. This isn’t just policy—it’s a crushing blow to Elon's empire. Here’s what just happened (and why it matters): 🧵