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Tesla Leads Industry Price Cuts as U.S. EV Sales Hit Record Highs
U.S. EV sales surged in July, reaching the second-highest monthly total on record. Tesla led the way with sharp price cuts and expanded incentives, while industrywide discounts hit historic highs. Automakers are racing to boost sales before the $7,500 federal EV tax credit expires on October 1, creating a surge of short-term demand that could reshape the market in the coming quarter.
Used EV Prices Are Falling Fast—Here’s Why That’s Great News for Savvy Buyers
Summary (English):EV resale values are dropping—fast. While that might sound like bad news for sellers, it’s excellent news for buyers looking to enter the electric vehicle market on a budget. With some high-end EVs like the Audi Q8 e-tron and...