EV Market
Tesla launches stripped-down standard Model 3 and Y
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Tesla introduced more affordable versions of its Model 3 and Model Y this week, reducing prices by about $5,000 in the US while cutting several features. The move aims to counter the end of the $7,500 EV tax credit and boost sales amid declining market share. Reactions have been mixed, with some praising accessibility and others criticizing the value.
Tesla dominates US DC fast-charging additions in Q3 2025
The United States added 4,061 new DC fast-charging ports in the third quarter of 2025, bringing the national total to 64,486 across 12,375 stations. Tesla led the growth by installing 1,820 new ports, accounting for nearly 45% of additions, while rivals like ChargePoint and Electrify America trailed behind. This expansion reflects a maturing EV infrastructure market, with reliability improving and prices slightly rising.
Tesla cuts US lease prices for key EV models until November
Tesla has reduced monthly lease payments for its Model 3, Model Y, and Cybertruck in the United States by up to 23 percent, effective immediately. The discounts aim to boost demand following the end of the federal EV tax credit. Prices will rise again on November 1.