Expiring U.S. EV Tax Credit Fuels Surge, But Analysts Warn of Slower Sales Ahead Tesla set a new sales record in the third quarter of 2025, delivering 497,099 vehicles worldwide between July and September, a 29% jump from the previous quarter and a 7% increase year-over-year. The surge, driven largely by U.S. buyers rushing to secure purchases before a $7,500 federal EV tax credit expired on September 30, briefly propelled CEO Elon Musk’s net worth above the half-trillion-dollar mark. The milestone makes this Tesla’s first year-over-year quarterly sales gain in 2025. However, the outlook is less certain. Experts warn that … Continue reading Tesla Hits Record Third-Quarter Sales as Musk’s Net Worth Briefly Tops $500 Billion