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ARK Invest Acquires 20M Tesla Shares After Stock Drop

Tesla’s Stock Slide: ARK Invest Makes a Bold Move As a fervent admirer of all things Tesla, I find myself oscillating between exhilaration and trepidation as I observe the ebbs and flows of TSLA stock. Recently, a significant development caught my eye—ARK Invest, led by the ever-visionary Cathie Wood, scooped up a staggering 20 million shares of Tesla following a notable stock slide. This bold maneuver begs the question: Is this a masterstroke of market timing or a perilous plunge into turbulent waters? The Stock’s Rollercoaster Ride Tesla's stock has always been a wild ride, and this latest dip showcases its volatility. With shares tumbling, the opportunity for ARK Invest to bolster its position in such a transformative company is intriguing, to say the least. Key Points: ARK’s Strategy : ARK Invest's decision to load up on Tesla shares highlights their unwavering belief in the company’s future potential. Market Reaction : The stock slide might alarm some investors...

Tesla Dominates Canada EV Rebates

The electric revolution is upon us, folks, and let me tell you, nobody is capitalizing on it quite like Tesla. Word up north is that Tesla is putting the Great White North on notice as the champion of Canada’s iZEV rebate program. This ain’t no photo finish, my friends - Tesla’s leaving the competition in the dust, racking up more than double the registrations of its closest rival.

iZEV - It’s Not Easy Being Green

Since 2019, the Canadian government has been putting its money where its mouth is, offering sweet, sweet rebates to entice drivers into ditching fossil fuels and embracing the electric dream with the iZEV program. We’re talking a cool $5,000 off the sticker price for those sleek electric sedans and spacious SUVs. And guess who’s reaping the lion’s share of these eco-friendly savings? You guessed it – Tesla!

Tesla’s Canadian Takeover - By The Numbers

Hold on to your toques, because these figures are downright shocking. In the first quarter of this year alone, Tesla snagged a whopping 15,636 iZEV claims. Meanwhile, Hyundai, bless their hearts, are trailing behind at a distant second with 7,699. Toyota, Ford, and Kia are playing catch-up, but let’s be real - they’re lost in Tesla’s rearview mirror.

A Tale of Two Countries - EV Incentives

Here’s the kicker, though. Canada’s playing it smart. They’re all about getting those electric vehicles on the road, regardless of where they’re manufactured. Uncle Sam, on the other hand, is playing hardball, pushing for those homegrown parts and batteries. It’s a bold move, but is it the right one? Only time will tell.

Fun Fact: Did you know that Canada is home to the world’s longest highway? The Trans-Canada Highway stretches a mind-boggling 4,990 miles – that’s a whole lot of road-tripping potential for those long-range Teslas!

So there you have it, my fellow tech enthusiasts. Tesla’s reign continues, and Canada’s proving to be fertile ground for the electric revolution. It’s a win-win for the environment and for drivers looking to save a few bucks. Now, if you’ll excuse me, I’m off to charge up my Cybertruck – gotta stay ahead of the curve!

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