logo
episode-header-image
Apr 2024
22m 3s

Tesla woes and Canada’s big EV bet

CBC
About this episode

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.

Up next
Today
Hatchet buried? The politics of an Alberta energy deal
<p>On Thursday Prime Minister Mark Carney and Alberta’s Danielle Smith are set to announce the outlines of a plan that could set Alberta and B.C. on a collision course.</p><p><br></p><p>It’s a potential energy deal that would give Alberta special exemptions from federal environme ... Show More
23m 47s
Yesterday
Gunshots, arson, threats: B.C.’s extortion crisis
<p>After meeting on the sidelines of the G20 in South Africa, Prime Minister Mark Carney and Indian Prime Minister Narendra Modi have announced they would restart trade talks.</p><p><br></p><p>It’s a long way from where the two countries have been for the last several years. Rela ... Show More
31m 37s
Nov 24
The hunt for alleged cocaine kingpin Ryan Wedding
<p>At a press conference last week U.S. Attorney General Pam Bondi laid out fresh allegations against Ryan Wedding, a 44-year-old Canadian and former Olympian who has been on the FBI’s most wanted list since March.</p><p><br></p><p>Wedding is already accused of orchestrating mult ... Show More
22m 1s
Recommended Episodes
Oct 2020
Are shares in Elon Musk’s Tesla vastly overvalued?
In 2018, the electric car maker, Tesla, was struggling to get the Model 3 electric vehicle off the production line. Its CEO, tech entrepreneur Elon Musk, was working up to 22 hours a day on the factory floor, trying to solve a host of problems on the car he’d bet the company on. ... Show More
22m 57s
Aug 2023
The Chinese EV Maker That's Selling More Cars Than Tesla
In the US, Tesla remains far and away the dominant maker of electric vehicles. But on a global scale, the situation is much more competitive. Over the last few years, Chinese EV makers have massively ramped up their export capacity and one in particular — BYD — sells more total v ... Show More
49m 26s
Jan 2023
A turning point for Tesla?
<p>Electric vehicle giant Tesla took the automotive industry by storm with its innovative technology, but the company’s stock price has slid significantly since last year. And its chief executive Elon Musk has some Tesla fans rethinking their support given Musk’s moves as the new ... Show More
18m 40s
May 2023
Encore: Tesla vs Detroit | Motor City Fights Back | 3
<p>The battle to dominate the EV market is on. Tesla’s market value is now around $20 billion. At this rate, Tesla could wipe the floor with GM in a decade. Ford, Toyota, Nissan, Honda and Chevrolet are taking notes. No one wants to be bringing up the rear. After near-devastating ... Show More
35m 39s
Apr 2022
Tesla vs Detroit | Motor City Fights Back | 3
<p>The battle to dominate the EV market is on. Tesla’s market value is now around $20 billion. At this rate, Tesla could wipe the floor with GM in a decade. Ford, Toyota, Nissan, Honda and Chevrolet are taking notes. No one wants to be bringing up the rear. After near-devastating ... Show More
35m 43s