Reported about 15 hours ago
Tesla and other EV buyers in the U.S. need to make quick decisions if they want to secure a federal tax credit of $7,500, which is set to expire on September 30. The loss of this credit could impact popular models like the Tesla Model Y and Honda Prologue. Although some state incentives remain, the cessation of the federal credit may lead to a significant decline in EV sales. Automakers and analysts suggest that while there could be temporary setbacks, market indicators show that future EV sales may still thrive as ownership benefits become clearer.
Source: YAHOO