Author: john@provenroi.com
The $7,500 EV tax credit has officially expired, as it came to its closure at midnight on September 30. Many are wondering what will happen to the EV makers in the United States that had a huge competitive advantage over their competitors, a $7,500 discount that could be applied at the point of sale. Tesla stands to thrive from the lack of tax credit, and although it is hard to believe, brighter days could be ahead for the company, starting with Q4, which began today. Here are five reasons Tesla might be in better shape without the tax credit being…
automakers can go without the EV tax credit, which expired in September. The credit, which applied to the first 200,000 electric vehicles sold by an automaker, helped make EVs more affordable. Despite the expiration of the tax credit, Tesla’s strong performance in Q3 shows that there is still a demand for electric vehicles. The company’s ability to sell nearly half a million EVs globally demonstrates that there is a market for these vehicles, even without the financial incentive of a tax credit. While Tesla’s Q3 results are promising, it’s important not to declare it a comeback just yet. The company…
Tesla’s highly anticipated low-cost Model Y has been spotted undergoing testing on public roads in California, concealed under camouflage. The sighting, captured in Palo Alto by a local Tesla enthusiast, marks the first time the stripped-down variant has been seen outside of a factory setting. Believed to be the upcoming “cheaper Model Y,” internally known as E41, this sighting comes shortly after details about the budget-friendly crossover surfaced in Tesla’s vehicle firmware. According to the code, the new variant will forego certain luxuries such as the glass roof, second-row display, and power-folding mirrors, while offering simplified audio options and components…
The expiration of the $7,500 EV tax credit has left many wondering about the future of EV makers in the United States. Tesla, in particular, stands to benefit from the absence of the tax credit, with brighter days potentially ahead for the company as we enter Q4. Here are five reasons why Tesla might actually be in a better position without the tax credit: No Tax Credit Means Price Cuts: Without the tax credit, Tesla will need to adjust its pricing strategy. In the past, when the tax credit expired in 2019, Tesla saw a surge in sales by offering…
The $7,500 EV tax credit has officially expired, as it came to its closure at midnight on September 30. Many are wondering what will happen to the EV makers in the United States that had a huge competitive advantage over their competitors, a $7,500 discount that could be applied at the point of sale. Tesla stands to thrive from the lack of tax credit, and although it is hard to believe, brighter days could be ahead for the company, starting with Q4, which began today. Here are five reasons Tesla might be in better shape without the tax credit being…
Tesla has introduced the 2026 Model Y Performance in the United States, featuring a new capability called vehicle-to-load (V2L). This technology allows owners to export energy from the car’s high-voltage battery to power tools or appliances with the use of a separate adapter. The official confirmation of V2L support came in response to a comment on X, where Tesla clarified that the Model Y Performance only supports vehicle-to-load through the Tesla Outlet Adapter. This adapter, priced at $80, connects to the latest generation Mobile Connector and enables the car to output a maximum of 120 volts at 20 amps, providing…
Tesla’s upcoming budget-friendly Model Y has once again made headlines, this time thanks to a revealing backend code on the company’s website. The new variant, officially named the “Model Y Standard,” is expected to have a starting price of $39,990. This latest leak aligns with previous rumors and sightings of the cheaper Model Y. Just recently, a camouflaged prototype of the vehicle was spotted undergoing real-world testing in Palo Alto, California. This typically indicates that the launch of the new model is imminent. In fact, Tesla CEO Elon Musk confirmed during the Q2 2025 earnings call that production of the…
The $7,500 EV tax credit has officially expired, marking the end of an era for EV makers in the United States. Many are now questioning what the future holds for companies that once enjoyed a competitive advantage with the tax credit. Tesla, in particular, is poised to thrive even without the tax credit, and there are several reasons why the company may actually be in better shape without it. One of the key advantages for Tesla with the absence of the tax credit is the opportunity to implement price cuts. In the past, Tesla successfully increased sales by offering more…
The Hyundai Kona Electric is set to continue for the 2026 model year, albeit in a more limited capacity than before. Hyundai has decided to streamline the lineup of its entry-level EV, offering only one trim option that may not be as impressive as its predecessors. This move comes in the midst of growing competition from other automakers like Nissan and General Motors, as well as challenges posed by import tariffs. The 2026 Hyundai Kona Electric will be available in the SE trim only, equipped with a Standard Range battery pack with a capacity of 48.6 kilowatt-hours. This configuration offers…
Tesla has achieved a significant milestone in the expansion of its Supercharger network, setting a new quarterly record by opening 4,000 new stalls worldwide in Q3 2025. This marks the largest increase in the company’s history and underscores Tesla’s commitment to bolstering EV charging infrastructure as adoption of electric vehicles accelerates. The news of this achievement was shared by the official @TeslaCharging account on X, which posted updated network growth stats for the quarter. Tesla’s global Supercharger network saw an 18% year-over-year growth, highlighting the company’s continued focus on expanding its charging network to meet the increasing demand. One of…