US Sales
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Tesla US Sales Plunge After EV Tax Credit Ends, Despite Cheaper Models
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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 Chevrolet Equinox EV emerged as the best-selling non-Tesla electric vehicle in the United States for 2025, with 57,945 units sold. Tesla's Model Y and Model 3 continued to dominate the market, while the Ford Mustang Mach-E and Hyundai Ioniq 5 followed closely. General Motors reported significant growth in its overall EV sales amid challenges from the end of federal tax credits.