Tesla price cuts following the Federal tax incentive on the EV industry have driven up EV sales, with July recording the second-highest monthly total. The federal $7500 EV tax incentive is set to end on October 1 under Trump’s administration policy.
Elon Musk’s automotive company led the sales record following price reduction across its EVs, including cuts of up to $5000 on its best-selling Model Y. According to Cox Automotive data, the average t