This isn’t the first time Tesla has lost the EV tax credit
October 3, 2025
Elon Musk’s big week, from spurring a Netflix cancelation wave to blowing out EV sales estimates; Tesla stock falls
BY BERNARD CONDON AND ASSOCIATED PRESS
October 2, 2025
But Ford CEO Jim Farley sees EV sales being cut in half after the expiry of the $7,500 federal tax credit.
This isn’t the first time Tesla has lost the EV tax credit
October 3, 2025
Elon Musk’s big week, from spurring a Netflix cancelation wave to blowing out EV sales estimates; Tesla stock falls
BY BERNARD CONDON AND ASSOCIATED PRESS
October 2, 2025

Tesla posted all-time highs in vehicle deliveries and energy storage deployments in Q3, lifting revenue, but compressed…

“It meant that we needed to reduce our costs in our vehicle roadmap,” Claire McDonough said of the end of the EV tax credits.

“The easiest thing to say is, don’t antagonize your core customers,” Yale economist and study author Kenneth Gillingham said.

“We did not build this company based upon federal tax incentives,” Rivian Chief Policy Officer Alan Hoffman said. “And we’re…

Elon Musk’s EV company made $2.67 billion from regulatory credits last year.

Analysts expect sales by the electric automaker to slump in the months ahead.

Tesla has its best sales quarter ever as EV tax credit expires | TechCrunch