Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Friday, March 14th. I'm Julie Morgan. A major EV player just got unplugged from a key rebate program in Canada, and you probably already know what's behind the policy shift. A strong

holiday quarter is giving Ulta a boost, and Lee Otto just reported earnings. We're looking at

how Wall Street is reacting to the numbers. British Columbia has pulled rebates for residents to

install Tesla chargers. BC Hydro, the province's power company,

said in a notice on its website that Tesla's vehicle chargers, batteries, and inverters are not eligible

for the rebates effective March 12th. The notice said that the government of B.C. and B.C. Hydro

are taking action to preference Canadian goods

in their rebate programs going forward and to exclude where practicable U.S. produce goods.

Other brands from American automakers such as Ford and Rivian appear to be unaffected,

according to a search on BC Hydro's website. Ford makes vehicles in Canada.

The website shows that the province's rebates may cover up to half of the purchase price of a charger and

installation. The news out of British Columbia came the same day as Tesla sent a letter to U.S.

Trade Representative Greer, warning of harmful

impacts on automakers and consumers by retaliatory tariffs against the U.S.

Ulta Beauty is reversing Thursday's losses during the regular session. Better than expected

Q4 results that included above consensus comparable store sales has raised the stock 7% in pre-market trading.

Comparable store sales were up 1.5% in Q4, nearly double what the street was expecting and driven by a 3% increase in prices.

But due to an extra week in fiscal year 23, net sales were down

1.9% to 3.48 billion, still beating expectations by 10 million. This contributed to a much

better than expected profit of $8.46 per share, $1.31 cents better than estimates. Although Q4 results exceeded expectations,

guidance for the current year was more conservative. For fiscal year 25, ALTA anticipates total

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