No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, October 4, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Tesla Grabs One for the Road With Windfall from Expiring EV Tax Credit

by TheAdviserMagazine
1 day ago
in Business
Reading Time: 2 mins read
A A
Tesla Grabs One for the Road With Windfall from Expiring EV Tax Credit
Share on FacebookShare on TwitterShare on LInkedIn


For Tesla, the end of EV tax credits hurts so good.

Sales for the EV titan surged in the third quarter, the company reported on Thursday, as consumers rushed to buy new cars ahead of the September 30 expiration of the $7,500 federal government EV tax credit. It’s a welcome win for a company that can’t seem to stop hitting the skids.

READ ALSO: Sensory Upload: Walmart Expands Automation of Grocery Tracking  and Unchained Melodies? Recording Giants Finetune Deals for Sharing Music Libraries With AI

In fact, the EV credit expiration sparked a record sales quarter, with the company delivering 497,099 vehicles worldwide from July through September. That’s a 7.4% year-over-year jump, and a stark rebound from two straight quarters of declining year-over-year sales to start the year; Tesla sold just 336,681 cars in Q1 and 384,122 cars in Q2, both representing 13% drops from the previous year.

The reasons for the downturn were myriad and obvious: rising competition, a product line that had grown tired, broad economic unease amid a new global trade war and Musk’s political misadventures. It’s not just consumers who have grown frustrated with the company and its mercurial leader:

Tesla, in addition to other enterprises in Musk’s empire, has been beset in recent months by high-profile employee departures — happily or otherwise, according to a recent Financial Times report, which said many employees had grown frustrated with Musk’s brash style of politics and Tesla’s pivot from EVs and toward robotics and AI.

At Tesla, the brain drain has included veteran deputies such as longtime sales and operations head Omead Afshar, as well as leaders within units dedicated to developing batteries, superchargers, public policy, the Model Y and the ultimately doomed and forever unnamed low-cost Tesla model.

The Half-Trillion Dollar Man: That makes the third-quarter sales a balm for Musk’s Tesla headache, though he’s still dealing with a few others. On Thursday, Musk lost his bid to transfer an SEC lawsuit regarding his Twitter stake from a Washington, DC, court to one in Texas, where many of his companies are based. Just a day earlier, however, Musk became the first person in the world to reach a $500 billion net worth, according to Forbes’ Real-Time Billionaire Tracker. Yeah, we think he’ll be able to cover the travel expenses to get to DC.

This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter.



Source link

Tags: CreditExpiringgrabsroadtaxTeslawindfall
ShareTweetShare
Previous Post

stock picks: Nifty shows positive reversal; experts eye buying opportunities on dips

Next Post

La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

Related Posts

edit post
Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

by TheAdviserMagazine
October 4, 2025
0

Jeff Bezos joined Sam Altman in admitting the existence of an AI bubble—but Amazon’s founder sees upside. Recently, many AI-related...

edit post
CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinance

CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinance

by TheAdviserMagazine
October 4, 2025
0

The microfinance industry, after enduring a turbulent phase, is now on a gradual path to recovery, supported by operational reforms...

edit post
Former Tesla exec claims EV industry will grow, not shrink, after death of ,500 tax credit: ‘The market’s established’

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’

by TheAdviserMagazine
October 4, 2025
0

The U.S. electric vehicle market is established and ready to grow without federal subsidies, according to Jon McNeill, a former...

edit post
Why Quant MF faltered and how to invest in 2025: Chirag Muni explains

Why Quant MF faltered and how to invest in 2025: Chirag Muni explains

by TheAdviserMagazine
October 4, 2025
0

Indian markets have had a rough ride in 2025, with Nifty barely up 4% while gold and silver soared. Amid...

edit post
US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session

US stocks: Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session

by TheAdviserMagazine
October 3, 2025
0

NEW YORK: The S&P 500 eked out a record closing high in a volatile session Friday, with interest rate-cut expectations...

edit post
Trump orders Israel to stop bombing Gaza after Hamas partially accepts his peace plan

Trump orders Israel to stop bombing Gaza after Hamas partially accepts his peace plan

by TheAdviserMagazine
October 3, 2025
0

U.S. President Donald Trump on Friday ordered Israel to stop bombing the Gaza Strip after Hamas said it had accepted some elements...

Next Post
edit post
La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

La Fondazione Ethereum svela la prossima fase della sua rivoluzione sulla privacy

edit post
Hydrogen Fueling Station Market Growth Outlook & Investment Opportunities

Hydrogen Fueling Station Market Growth Outlook & Investment Opportunities

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

0
edit post
Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

0
edit post
How MillerMusmar CPAs Switched to Canopy During Tax Season

How MillerMusmar CPAs Switched to Canopy During Tax Season

0
edit post
Detroit Doesn’t Want More Real Estate Investors—But Their New Policy is Creating More

Detroit Doesn’t Want More Real Estate Investors—But Their New Policy is Creating More

0
edit post
*HOT* Extra 50% off Gap Factory Clearance + Free Shipping = Prices from .99 shipped!

*HOT* Extra 50% off Gap Factory Clearance + Free Shipping = Prices from $3.99 shipped!

0
edit post
In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

0
edit post
Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’

October 4, 2025
edit post
Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown

October 4, 2025
edit post
FLOKI Makes History With First ETP in Europe as Price Surges 30%

FLOKI Makes History With First ETP in Europe as Price Surges 30%

October 4, 2025
edit post
In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

In other news this week: Monterro launches new €1.7B funds, Teylor lands €150M, Vibe.co raises €42.5M and more

October 4, 2025
edit post
CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinance

CreditAccess, Fusion Finance: Motilal Oswal bet on recovery-led growth in microfinance

October 4, 2025
edit post
Former Tesla exec claims EV industry will grow, not shrink, after death of ,500 tax credit: ‘The market’s established’

Former Tesla exec claims EV industry will grow, not shrink, after death of $7,500 tax credit: ‘The market’s established’

October 4, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Jeff Bezos agrees with OpenAI’s Sam Altman: We’re in an AI bubble. But Amazon’s founder says the benefits will be ‘gigantic’
  • Bitcoin rallies to within 1% of all-time high, gaining safe-haven status during shutdown
  • FLOKI Makes History With First ETP in Europe as Price Surges 30%
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.