Tesla's Popularity Drop in Canada: Elon Musk's Politics in the Spotlight
Tesla, once a darling of the Canadian EV market, is experiencing a decline in its popularity. The Globe and Mail reports that Elon Musk's political leanings, including his $250 million support for Donald Trump's re-election, may be alienating potential buyers. In addition to Musk's controversial stances, Tesla faces challenges from increased competition, reduced rebates, and tariffs on Chinese-made EVs. Despite a rise in Tesla's stock, the company's sales have dipped significantly, prompting discussions about the brand's future.
Jan 4