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submitted 2 days ago by otter@lemmy.ca to c/canada@lemmy.ca
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[-] barnaclebutt@lemmy.world 13 points 2 days ago

I don't really get this. I understand it looks like fraud as tesla rebates are going away. However, who bought the Teslas? Are they saying the sales never occurred? Is some asshole going to have 32 cyber trunks in his driveway?

[-] Master@lemm.ee 11 points 1 day ago

My guess is the dealership owner bought them on paper to secure the rebates and then was going to resell them as new at full price and just pocket the extra.

[-] Enkers@sh.itjust.works 20 points 2 days ago

My guess is that nobody wants a nazi-mobile, stock prices are crashing through the bedrock, and they need imaginary sales on the books to appear to be less of a radioactive hot potato.

[-] Showroom7561@lemmy.ca 5 points 1 day ago

However, who bought the Teslas?

Likely nobody. These are probably sold only on paper, so "someone" can cash in on millions in rebates.

I hope the investigation is swift and expands to other Tesla dealers, because this is probably not an isolated scam.

[-] bane_killgrind@slrpnk.net 10 points 2 days ago

I think dumping stock is less the fraud, could have been structuring sales to take advantage of tax year stuff. Like they delayed reporting.

Or they regain less from writing them off then giving them away and taking the credit.... Hmmm....

[-] psx_crab@lemmy.zip 6 points 2 days ago

Maybe the ceo of the dealership or elon musk on a few thousand proxy?

[-] x00z@lemmy.world 5 points 1 day ago

Yeah, this type of fraud often tries to remain as legal as possible by using legal backdoors.

this post was submitted on 08 Mar 2025
276 points (99.6% liked)

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