The actions of the car manufacturer have fallen by approximately 40 percent in 2025, due to the decline in sales in Europe. Additionally, this week Canada announced retaliation tariffs worth 21 billion dollars, effective from Thursday, March 13.
Amid a trade war with President Donald Trump, British Columbia has withdrawn government subsidies for the installation of Tesla chargers, as part of efforts to boycott U.S. products. As of March 12, Tesla chargers, batteries, and vehicle inverters will no longer be eligible for refunds, according to BC Hydro, the provincial electric company.
In a statement, it is mentioned that both the Government of British Columbia and BC Hydro are prioritizing Canadian products in their refund programs and excluding, as much as possible, products made in the United States. This specifically affects Tesla, while products from other U.S. brands like Ford remain eligible.
Canada is taking retaliatory measures against the tariffs imposed by the United States, in response to Trump's threat to make the country the 51st state of the U.S. through "economic force." These measures include tariffs and other actions. The tariffs affect steel, aluminum, and other items, totaling billions of Canadian dollars.
It is noteworthy that these measures impact Elon Musk, one of Trump’s top advisors and supporters, as well as the CEO and main shareholder of Tesla. The retaliation tariffs are expected to remain in place until Trump commits to "free and fair" trade with Canada.
