Tesla, one of the leading electric vehicle manufacturers, has had a slow start in 2025 in terms of deliveries. However, the company is gearing up for what could potentially be one of its best quarters in history in Q3, with the United States playing a key role in this turnaround.
Recently, the United States House of Representatives passed President Trump’s “Big Beautiful Bill,” which is set to be signed into law before the July 4 deadline. This bill will bring an end to the $7,500 EV tax credit, effectively making electric vehicles $7,500 more expensive for most buyers after September 30, 2025. The tax credit is available to individuals making under $150,000, heads of households earning up to $225,000, and couples filing jointly with an income of $300,000.
President Trump’s administration has been vocal about ending the EV tax credit, citing a shift towards fossil fuels and criticizing what he refers to as an “EV mandate.” Despite this, the next three months present a unique opportunity for potential EV buyers to take advantage of the credit before it expires.
Tesla, with its large volume of vehicles, stands to benefit significantly from the impending deadline. By offering incentives such as 0% APR, special pricing on leasing or financing, and even unique promotions like the recent “Red, White, and Blue” free option until July 14, the company could see a surge in sales in the coming quarter.
Currently, Tesla is just shy of 721,000 deliveries for the year, putting it on track for around 1.4 million deliveries in 2025. While this would be a decrease from previous years, Tesla’s strongest quarters historically come in the second half of the year. With Q4 2024, Q4 2023, and Q3 2024 being the top three delivery quarters for Tesla, the company is poised for a strong finish to the year.
In conclusion, Tesla’s potential success in Q3 hinges on the unique opportunity presented by the impending end of the EV tax credit in the United States. By capitalizing on this window of opportunity and offering attractive incentives to buyers, Tesla could see a significant increase in sales and solidify its position as a leader in the electric vehicle market.