Tesla electric vehicles jumped in the last quarter, as the buyers rushed to use the expiring federal tax loan.
Sales of EV companies increased by 7% three months before September compared to a year earlier, reflecting thorn In general EV sales throughout the country.
A loan of 7,500 US dollars for new electric vehicles was excluded on September 30 by the Trump administration.
In July, national sales of new electric vehicles jumped by 19% compared to a year earlier, reports COX Automotive. In the same month, in the Orinj district, 32% of the new vehicles sold were fully electric, compared with 21% in May.
Raising sales can marked the beginning of a rebound for Tesla, which fought this year with a decrease in sales and damage to his brand. The quarterly growth marks the first annual increase in sales that the company saw for three quarters.
Tesla delivered 497 099 cars to The third quarter29% compared with 384 122 supplies to The previous quarterThe company delivered 462,890 cars in the same period last year.
The company was faced with obstacles, including saturation Electric vehicle market in California And federal automobiles are introduced that make cars and parts more expensive.
The raid of CEO Elon Mask into politics as the head of the Department of Government Efficiency also pushed away many potential buyers of Tesla and led to boycotts and protests in Tesla dealerships.
Despite the growth of sales, Tesla shares decreased by more than 3% in trade on Thursday. It is expected that EV sales will fall this month after The expiration of the tax loanField
“It was an excellent bank's rebound quarter for Tesla to lay the basis for delivery moving forward, but there is still a job to get a future position,” said Wedbush and Tesla Bull Dan Dan Dan Ives.
Tesla was not the only brand that won from Fight Buy electric cars. According to the NaEIM Nastar, Cadillac Cadillac Products, he saw “significant growth” of electric vehicles.
Former Ford Executive Director and digital consultant Adrian Balfur wrote in a note that he was “carefully optimistic” about Tesla’s turning. Tesla supplies fell by 13% in the first six months of the year.
“This rebound makes the first half of 2025,” Balfur wrote. “Nevertheless, it is more like a sugar impulse than a structural turn. The main electric car market remains variable. ”
Musk increasingly puts Tesla in the future of his autonomous driving technology and robotaxia. Tesla will have to train With the efforts of independent driving in order to successfully deploy its robotaxis throughout the country to make this business a real manufacturer of money.
Tesla shares have grown by 17% this year and more than 34% over the past month.
