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Tesla excluded from incentives in Canada over Trump tariffs
Tesla has been excluded from two Canadian EV incentive programs, as the country’s officials grapple with tariffs from the Trump administration.
Tesla has been excluded from electric vehicle (EV) incentive programs in Canada in recent weeks, as officials attempt to retaliate against CEO Elon Musk and the Trump administration’s recent tariffs.
In a press conference on Monday, Toronto Mayor Olivia Chow said that the city would no longer provide tax incentives for Tesla vehicles for ride-hailing and taxi purposes, effectively excluding the brand from a program offering reduced fees for going electric. The news also comes after a British Columbia (B.C.) official announced last week that Tesla’s vehicles would no longer get EV rebates for home charging equipment.
“We are giving incentives for people to migrate into electric cars, except we will stop giving incentives, financial incentives to buy Tesla,” Chow said during the media conference. “We have certainly said that if you want to buy Tesla, go ahead, but don’t count on taxpayer money to subsidize it.”
The program is part of a citywide initiative to offer reduced licensing and renewal fees for ride-hailing vehicle purchasers going electric, set to run through 2029 in efforts to electrify the city’s taxi fleet and lower emissions.
The Toronto Mayor also went on to point out that “there are other electric cars around,” which fleet operators would have to consider She also addressed whether the city would re-evaluate carbon emissions goals in light of the Trump administration’s Environmental Protection Agency (EPA) doing so in recent weeks, saying that the city “would like to reduce [its] carbon footprint as quickly as possible,” but that it could always look at “whether or not the deadline makes sense.”
At the time of writing, the Mayor’s office has not yet responded to Teslarati’s request for clarification on how many vehicles have utilized the program. You can watch the full press conference below, with Chow discussing the incentive around 17:30.
READ MORE ON CANADA: Tesla is getting targeted by Canada officials over rocky Trump relations
Canada’s iZEV rebates were officially paused in January, according to Transport Canada’s website, and while the previous program’s funding was depleted, the previous contract’s had an end date of March 31. The web page also says that the “continuation of eligibility remains at the Minister of Transport’s discretion,” along with highlighting that eligibility ended on October 1, 2024 for vehicles from countries that do not have a free-trade agreement with Canada.
Last week, B.C. Premier David Eby also announced plans to remove Tesla from the B.C. Hydro EV charging rebate program, as a provincial response to Musk and his recent involvement with the Trump administration.
“It’s just for Tesla and it’s because of Elon Musk,” Eby said (via CBC).
The Premier also said he felt that if taxpayers knew thousands of dollars would go to Musk’s company through the subsidy program, “they’d want to throw up.”
The B.C. Hydro program offers up to $350 in rebates to residents who purchase and install EV chargers in their homes. As of March 12, Tesla products, such as the company’s Wall Connector, have become ineligible for the rebate.
“I thought [Tesla products] shouldn’t be made available on a public subsidy program right now,” said Adrian Dix, B.C. Energy Minister, in response to a reporter this month after evaluating the province’s rebate programs in recent months. “I don’t think anyone in British Columbia needs to be told why, and I think most people would support their removal from that list.”
The removal of Tesla’s products from the B.C. Hydro program also elicited a response from Musk on X, who reposted the story, simply writing “crazy.”
Tesla says it will be a victim of Trump admin’s tariff strategy
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Tesla Semi expands pilot program to Texas logistics firm: here’s what they said
Mone said the Tesla Semi it put into its fleet for this test recorded 1.64 kWh per mile efficiency, beating Tesla’s official 1.7 kWh per mile target and delivering a massive leap over conventional diesel trucks.
Tesla has expanded its Semi pilot program to a new region, as it has made it to Texas to be tested by logistics from Mone Transport. With the Semi entering production this year, Tesla is getting even more valuable data regarding the vehicle and its efficiency, which will help companies cut expenditures.
Mone Transport operates in Texas and on the Southern border, and it specializes in cross-border U.S.-Mexico freight operations. After completing some rigorous testing, Mone shared public results, which stand out when compared to efficiency metrics offered by diesel vehicles.
“Mone Transport recently had the opportunity to put the Tesla Semi to the test, and we’re thrilled with the results! Over 4,700 miles of operations at 1.64 kWh/mile in our Texas operation. We’re committed to providing zero-emission transportation to our customers!” the company said in a post on X.
🚨 Mone Transport just recorded an extremely impressive Tesla Semi test:
1.64 kWh per mile over 4,700 miles! https://t.co/xwS2dDeomP pic.twitter.com/oLZHoQgXsu
— TESLARATI (@Teslarati) March 10, 2026
Mone said the Tesla Semi it put into its fleet for this test recorded 1.64 kWh per mile efficiency, beating Tesla’s official 1.7 kWh per mile target and delivering a massive leap over conventional diesel trucks.
Comparable Class 8 diesel semis, typically achieving 6-7 miles per gallon, consume roughly 5.5 kWh per mile in energy-equivalent terms, meaning the Semi uses three to four times less energy while also producing zero tailpipe emissions.
Tesla Semi undergoes major redesign as dedicated factory preps for deliveries
The performance of the Tesla Semi in Mone Transport’s testing aligns with data from other participants in the pilot program. ArcBest’s ABF Freight Division logged 4,494 miles over three weeks in 2025, averaging 1.55 kWh per mile across varied routes, including a grueling 7,200-foot Donner Pass climb. The truck “generally matched the performance of its diesel counterparts,” the carrier said.
PepsiCo, which operates the largest known Semi fleet, recorded 1.7 kWh per mile in North American Council for Freight Efficiency testing. Additional pilots showed similar gains: DHL hit 1.72 kWh per mile, and Saia achieved 1.73 kWh per mile.
These metrics underscore the Semi’s ability to slash operating costs through superior efficiency, lower maintenance, and zero-emission operation. As charging infrastructure scales and production ramps toward 2026 targets, participants like Mone Transport are proving electric semis can seamlessly integrate into freight networks, accelerating the industry’s shift to sustainable, high-performance trucking.
Tesla continues to prep for a more widespread presence of the Semi in the coming months as it recently launched the first public Semi Megacharger site in Los Angeles. It is working on building out infrastructure for regional runs on the West Coast initially, with plans to expand this to the other end of the country in the coming years.
Elon Musk
SpaceX weighs Nasdaq listing as company explores early index entry: report
The company is reportedly seeking early inclusion in the Nasdaq-100 index.
Elon Musk’s SpaceX is reportedly leaning toward listing its shares on the Nasdaq for a potential initial public offering (IPO) that could become the largest in history.
As per a recent report, the company is reportedly seeking early inclusion in the Nasdaq-100 index. The update was reported by Reuters, citing people familiar with the matter.
According to the publication, SpaceX is considering Nasdaq as the venue for its eventual IPO, though the New York Stock Exchange is also competing for the listing. Neither exchange has reportedly been informed of a final decision.
Reuters has previously reported that SpaceX could pursue an IPO as early as June, though the company’s plans could still change.
One of the publication’s sources also suggested that SpaceX is targeting a valuation of about $1.75 trillion for its IPO. At that level, the company would rank among the largest publicly traded firms in the United States by market capitalization.
Nasdaq has proposed a rule change that could accelerate the inclusion of newly listed megacap companies into the Nasdaq-100 index.
Under the proposed “Fast Entry” rule, a newly listed company could qualify for the index in less than a month if its market capitalization ranks among the top 40 companies already included in the Nasdaq-100.
If SpaceX is successful in achieving its target valuation of $1.75 trillion, it would become the sixth-largest company by market value in the United States, at least based on recent share prices.
Newly listed companies typically have to wait up to a year before becoming eligible for major indexes such as the Nasdaq-100 or S&P 500.
Inclusion in a major index can significantly broaden a company’s shareholder base because many institutional investors purchase shares through index-tracking funds.
According to Reuters, Nasdaq’s proposed fast-track rule is partly intended to attract highly valued private companies such as SpaceX, OpenAI, and Anthropic to list on the exchange.
Elon Musk
The Boring Company’s Prufrock-2 emerges after completing new Vegas Loop tunnel
The new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The Boring Company announced that its Prufrock-2 tunnel boring machine (TBM) has completed another Vegas Loop tunnel in Las Vegas. The company shared the update in a post on social media platform X.
According to The Boring Company’s post, the new tunnel measures 2.28 miles, making it the company’s longest single Vegas Loop tunnel to date.
The new tunnel marks the fourth tunnel constructed near Westgate Las Vegas as the Vegas Loop network continues expanding across the city.
The Boring Company also noted that the new tunnel surpassed its previous internal record of 2.26 miles for a single Vegas Loop segment.
Construction of the tunnel involved moving roughly 68,000 cubic yards of dirt. The excavation process also used about 4.8 miles of continuous conveyor belt, powered by six motors totaling 825 horsepower.
The Boring Company’s Prufrock-series all-electric tunnel boring machines are designed to support the rapid expansion of company’s underground transportation projects, including the growing Vegas Loop network. Prufrock machines are designed for reusability, thanks in no small part to their capability to be deployed and retrieved easily through their “porposing” feature.
The Vegas Loop, specifically the Las Vegas Convention Center (LVCC) Loop segment, has already been used during major events. Most recently, the LVCC Loop supported the 2026 CONEXPO-CON/AGG construction trade show, which was held from March 3-7, 2026.
As per The Boring Company, the LVCC Loop transported roughly 82,000 passengers across the convention center campus during the event’s duration.
CONEXPO-CON/AGG is one of the largest construction trade shows in North America, drawing more than 140,000 construction professionals from 128 countries this year.
The LVCC Loop forms the initial segment of the broader Vegas Loop network, which remains under active development as The Boring Company continues building new tunnels throughout the city.
Tesla Semi expands pilot program to Texas logistics firm: here’s what they said
SpaceX weighs Nasdaq listing as company explores early index entry: report
