Canada Bars Tesla From EV Rebates Programs In Response To 'Illegitimate And Illegal' US Tariffs

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The Transport minister further informed, "I also directed my department to change the eligibility criteria for future iZEV programs to ensure that Tesla vehicles will not be eligible for incentive programs so long as the illegitimate and illegal U.S.tariffs are imposed against Canada,” reported Toronto Star.

The decision to halt the payments, summing up to C$43 million ($30.11 million), was made ahead of Canadian Prime Minister Mark Carney‘s call for a general election on April 28.

Canada has put a stop to all rebate payments to Tesla Inc. (NASDAQ:TSLA), also excluding the company from future electric vehicle (EV) rebate programs.

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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets: United StatesCanada

Topics: Benzinga Tech Electric vehicles TSLA Benzinga neuro Markets US88160R1014 Mobility Elon Musk News Mark Carney

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 07:46:07 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27347383

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