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EPISODE · Apr 10, 2024 · 22 MIN

Tesla woes and Canada’s big EV bet

from Front Burner

Tesla is having its worst year since the pandemic. The company is selling fewer cars, and its stock is plummeting.And it’s not just Tesla. We’re seeing a cool down in North America’s EV industry as a whole.Why is this happening? And as Canada pours billions of dollars into the industry, will that bet pay off? Senior CBC business reporter Peter Armstrong explains.

Tesla is having its worst year since the pandemic. The company is selling fewer cars, and its stock is plummeting.And it’s not just Tesla. We’re seeing a cool down in North America’s EV industry as a whole.Why is this happening? And as Canada pours billions of dollars into the industry, will that bet pay off? Senior CBC business reporter Peter Armstrong explains.

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Tesla woes and Canada’s big EV bet

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This episode was published on April 10, 2024.

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Tesla is having its worst year since the pandemic. The company is selling fewer cars, and its stock is plummeting.And it’s not just Tesla. We’re seeing a cool down in North America’s EV industry as a whole.Why is this happening? And as Canada pours...

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