End of US Electric Vehicle Tax Credit Boosts Tesla Sales to Record - Tesla Delivers 497,099 Vehicles in Final Quarter, Boosted by U.S. Subsidies
Tesla has reported a significant surge in sales, with deliveries increasing by 7.4% year-over-year in the last quarter. TSLA delivered a total of 497,099 vehicles, marking a substantial boost following the final push of U.S. subsidies for purchasing electric vehicles. This push was orchestrated by then U.S. President Donald Trump, who also oversaw the expiration of subsidies for new and used electric vehicles.
The final quarter saw a remarkable 7.4% increase in TSLA's deliveries compared to the same period last year. This growth can be attributed, in part, to the U.S. government's incentives for purchasing electric vehicles. TSLA delivered an impressive 497,099 vehicles during this period, demonstrating a strong finish to the year.
Tesla's success can also be linked to the regulatory changes implemented by former U.S. President Donald Trump. His administration's policies, including the expiration of subsidies for both new and used electric vehicles, have had a notable impact on the market.
Tesla's sales have shown a notable increase, with a 7.4% year-over-year growth in deliveries during the last quarter. The company delivered nearly half a million vehicles, demonstrating a robust finish to the year. This success can be partially attributed to the U.S. government's incentives for purchasing electric vehicles, as well as regulatory changes implemented during the Trump administration.
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