A public Canadian threat to retaliate to U.S. tariffs by imposing 100% tariffs on Tesla vehicles was made by two politicians with prime ministerial hopes, not the federal government, contrary to suggestions on social media.

Elon Musk faces growing opposition in Canada amid a petition to revoke his citizenship. Despite this, Tesla's sales in Canada have soared, with 8,600 vehicles sold in 72 hours. Paytm CEO Vijay Shekhar Sharma commented,

Canadian officials are investigating an unusual spike in Tesla vehicle sales that coincided with the suspension of the federal EV rebate program in January.

According to a report from the Toronto Star, four Tesla locations claimed to have sold 8,653 electric vehicles in the last three days of the rebate. They filed for $43.1 million in rebates — more than half of the $71.8 million in remaining funds.

Four Canadian stores of Tesla Inc. (NASDAQ: TSLA) have been suspected of exploiting the country's EV rebate program. The stores are said to have sold an average of 30 cars per hour over three days, claiming over 50% of the remaining rebate funds.

While these sales are a win for Elon Musk’s company, they left rival brands without access to the same EV credits. Tesla’s $43.1 million in rebates consumed more than half of the remaining funds for EV subsidies. By the time other dealers attempted to claim their rebates, the money had run out. And there were plenty of them.

The Toronto Star reported that four Tesla outlets filed for 8,653 EV sales in just 72 hours, worth $43.1 million in rebates. This ultimately led to the portal’s shutdown, leaving hundreds of dealerships without a way to recoup the rebates they had offered to buyers at the point of sale.

A Canadian candidate for Prime Minister has proposed implementing a 100% tariff on Tesla vehicles in response to US

Trump tariffs on Mexico, Canada and China will hit automakers to varying degrees, with one of the biggest wildcards being how much it hurts Elon Musk and Tesla.

U.S. stock index futures fell on Monday as worries persisted that tit-for-tat tariffs could affect the world's largest economy, while electric-vehicle maker Tesla declined following a bearish brokerage forecast.

Tesla fell 2.6% after brokerage UBS lowered its forecast for the automaker's first-quarter deliveries and cut its price target on the stock. In an interview on Sunday, President Donald Trump declined to predict whether the U.