Canada Officially BANNED Tesla from EV Program – Another Hit for Elon Musk
Explore the escalating crisis surrounding Tesla, the electrical lorry (EV) giant, as it deals with a multi-faceted storm of trade disagreements, government reaction, and market difficulties in 2025. Triggered by Canada's decision to freeze Tesla's refund payments and exclude it from the Rewards for Zero-Emission Automobiles (iZEV) program, the narrative looks into the geopolitical stress driving this move– specifically, U.S. President Donald Trump's 25% tariffs on Canadian auto imports and Prime Minister Mark Carney's vindictive measures. The piece takes a look at Tesla's aggressive pursuit of $713 million CAD in Canadian subsidies, its supposed adjustment of sales figures, and the resulting investigation by Transportation Canada. It also examines the broader ramifications for Tesla's North American supremacy, stock volatility, and global sales amid competitors from Chinese makers and shifting European guidelines. With in-depth monetary data, political context, and expert insights, the post concerns whether Tesla's golden era is subsiding and how international trade wars could improve the vehicle industry's future.
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