In The News

Canada has frozen Tesla’s EV rebate payments, citing concerns over pricing manipulation and rebate eligibility. This decision, amid rising U.S.-Canada trade tensions and Elon Musk’s political ties, raises questions about the role of politics in business. With Tesla now excluded from future rebates, how will this affect the company’s competitiveness in Canada’s EV market?

Tesla’s once-loyal customer base is showing signs of strain as CEO Elon Musk’s political ties spark controversy. With declining sales and a shifting brand perception, the EV giant faces a critical moment. Can Tesla reclaim its former status, or has Musk’s influence reshaped its future for good?

The latest U.S. auto tariffs, imposed by President Donald Trump, will introduce a 25% duty on Canadian-made cars and auto parts starting April 2, 2025. This tariff applies to all passenger vehicles, light trucks, and crucial auto components such as engines, transmissions, and electronic systems. The move is aimed at boosting domestic manufacturing, but critics argue it will disrupt North American supply chains, increase costs for consumers, and pressure Canadian automakers. With potential retaliatory measures from Canada on the horizon, the impact on cross-border trade could be significant.