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Benzinga
Benzinga
Business
Badar Shaikh

Elon Musk's Tesla Cleared Of Fraud By Canada In $43 Million ZEV Rebates Case: Report

Tesla

Transport Canada, the apex regulatory body in Canada that oversees transport regulations in the country, cleared Tesla Inc. (NASDAQ:TSLA) of any wrongdoing in Canada's Incentives for Zero Emission Vehicles (iZEV) rebate program.

What Happened: The agency said it was clearing the EV giant of fraud after launching a probe following over 8,563 rebate claims filed by four Tesla stores in Canada in a single weekend in January 2025, Drivetesla Canada reported on Friday.

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