Automotive Market

Follow
Illustration of empty Tesla dealership lot with unsold Model 3 and Y cars, signs noting end of $7,500 EV tax credit and 23% sales drop.
Image generated by AI

Tesla US Sales Plunge After EV Tax Credit Ends, Despite Cheaper Models

Reported by AI Image generated by AI

Tesla's US sales dropped 23% year-over-year to 39,800 vehicles in November 2025—the lowest since January 2022—following the $7,500 federal EV tax credit's expiration on September 30. New Standard variants of Model 3 and Y failed to stem the tide amid a broader 41% EV market decline, though Tesla's share rose to 56.7%.

The cheapest big-block muscle car is now available under $20,000—matching new subcompact prices and extending recent trends in affordable classics like the 1970 bargain under $30k. This opens high-performance 1960s-70s icons to budget-conscious buyers.

Reported by AI

The sector for electric pickup trucks in the United States is contracting, with major automakers scaling back models due to disappointing sales. Ford has decided to discontinue its F-150 Lightning after a sales drop, while Ram abandoned plans for its 1500 REV. Despite these setbacks, new affordable options are in development to revive interest.

This website uses cookies

We use cookies for analytics to improve our site. Read our privacy policy for more information.
Decline