
Tesla woes and Canada’s big EV bet
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.
Front Burner · CBC
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Show Notes
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.