📉 J.D. Power expects EV market share to drop from 8.5% to 5.2% year-over-year and forecasts October sales will be 43% down year-over-year due to the expiration of the EV tax credit at the end of September; the situation was called a market “recalibration,” though gasoline and hybrids gained market share so far in October.

The federal tax credit that boosted electric vehicle sales for the last three years is gone, leaving EV makers to find new ways to entice car buyers.

Tesla has been subtly pivoting its strategy for years to be considered an AI company, but it's now reaching a tipping point.

Yes, Tesla faces demand challenges in its electric-vehicle business. But the company is "less an EV story" now, according to Mizuho analyst Vijay Rakesh. There's "more a focus on robotaxis, humanoid robots and autonomous \[Full Self-Driving\] driving upside and multiples,

Tesla is expected to post a surge in third-quarter results later on Wednesday, thanks to U.S. buyers rushing to take advantage of an expiring $7,500 federal electric vehicle tax credit. But investors and analysts may be more focused on Chief Executive Elon Musk's outlook,

Tesla's former president for global sales, Jon McNeill, said the EV market in Europe continued to grow even when subsidies were rolled back there.

The new 2026 Subaru Solterra has a built-in NACS port, allowing you to charge up at one of over 25,000 Tesla Superchargers. Current Solterra owners will also gain access soon, but it won’t be free. Following a similar announcement from Toyota, Subaru said it’s unlocking access to Tesla’s Supercharger network for Solterra EV owners.

TSLA stock dropped 73.6% from a peak of $409.97 on 4 November 2021 to $108.10 on 3 January 2023, compared to a peak-to-trough decline of 25.4% for the S&P 500. Since then, the stock rose to a maximum of $479.86 on 17 December 2024 and is currently trading at $452.42

The hatchback-shaped electric prototype features redesigned front and rear bumpers, 20-inch wheels wrapped in Michelin Pilot Sport rubber, green brake calipers, and the words “Great Thrills” all over the bodywork–I guess that’s what Kia believes “GT” stands for–not “Grand Tourer” or “Grand Turismo”.

Tesla, Inc. is rated a Buy due to high valuation and market opportunities and with a $466 price target. Learn more about TSLA stock here.