World News@lemmy.worldEnglish · 4 days ago

Tesla faces collapsing sales in Canada's Québec province, with new registrations tumbling 85%

www.businessinsider.com

cross-posted to:
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Tesla faces collapsing sales in Canada's Québec province, with new registrations tumbling 85%

www.businessinsider.com

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World News@lemmy.worldEnglish · 4 days ago

cross-posted to:
[email protected]

Tesla sales have plummeted in the province of Québec, with just 96 new Model 3 cars registered in the first three months of 2025.

Tesla sales in Québec plunged 85% in the first quarter, mirroring sharp declines seen in Europe.

Canada has frozen $43 million in Tesla EV rebates due to Trump’s tariffs and fraud concerns.

Musk’s DOGE work sparked backlash, boycotts, and dealership vandalism across the US and Europe.

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3 days ago
Citadel (Marketmaker) has been using TSLA as a liquidity hedge against GME. They control the price.

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