09
Thu, Oct

Tesla gets sales boost ahead of US EV incentive end

Tesla gets sales boost ahead of US EV incentive end

Financial News
Tesla gets sales boost ahead of US EV incentive end
Credit: Trygve Finkelsen/Shuttertsock.com.

Tesla has reported global quarterly deliveries up 7% ahead of the expiry of a US tax credit applying to purchases of EVs.

Overall deliveries of Tesla cars for the quarter ended 30 September were 497,099 units (462,890 units, Q3: 2024), an increase of 7.4% on last year. Tesla doesn’t break out sales by world region, but with Europe and China sales for the company weak this year, the gain will have likely been based on strong US sales over the period.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Sales of EVs in the US have been sluggish through the course of the year, but there was an uplift as the US tax credit incentive applying to EVs came to an end (30 September 2025). The tax credit was ended as part of US President Donald Trump’s second-term first spending bill, passed in July.  

However, Tesla also posted production figures for Q3 that were down 4.8% down on last year’s pace, at 447,450 units (Q3 2024: 469,796).

Email newsletter icon

Sign up for our daily news round-up!

Give your business an edge with our leading industry insights.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now

Content Original Link:

Original Source At Yahoo Finance

" target="_blank">

Original Source At Yahoo Finance

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers