Tesla increases prices after the government in cash has stopped

On Wednesday, Tesla increased lease prices for its most popular electric vehicles, according to figures published on the company’s website. The change comes after the Federal EV tax credit, which was $ 7,500 for new vehicles and leases and $ 4,000 for used vehicles, expired on Tuesday.

The lease of the Y of Tesla model has passed between $ 479 and $ 529 per month and between $ 529 and $ 599 per month, underlines Jalopnik. And the prices of the 349 $ 349 lease and $ 699 per month and between $ 429 and $ 759 per month.

Tesla sells more electric vehicles in the United States than any other company, but Elon Musk’s market share has been eroded in recent years. Tesla represented more than 80% of all sales of electric vehicles in 2017, at the dawn of President Donald Trump’s first mandate. But that has only 38% last August, according to CNBC.

According to the Washington Post, Musk has built its empire on companies that are based on massive government funding, through contracts, loans, grants and tax credits, according to the Washington Post, which recently counted at $ 38 billion. But Musk, as head of the so-called Ministry of Government Effectiveness (DOGE) until a few months ago, did his best to dismantle the federal government without personally harming one thing that benefited him financially.

The only exception was the expiration of the EV tax credit, which the Republicans worked hard to kill with “One Big Beautiful Bill” by Trump, who adopted in July. The tax credit should not end before 2032 under the inflation reduction law, which was adopted by President Joe Biden and a Democrat controlled congress in 2022.

JPMorgan previously estimated that the loss of the EV tax credit will cost Tesla around $ 1.2 billion per year. But it will take a while to see how the EV tax credit is made by the EV tax credit. Tesla has already suffered enormously, largely due to the intimately involved participation in the presidential policy.

Musk approved President Trump in July 2024 and spent more than $ 270 million to have it elect. And the billionaire’s far -right policy made the Tesla brand suffer with liberal drivers, people who supported electric vehicles and the most fervor. The two Nazi Musk style salvation on President Trump’s day were inaugurated for the second time did not help its popularity with consumers of left -wing cars.

Musk has once again become the richest person in the world this week after a brief competition from Larry Ellison. Tesla’s CEO is now worth $ 500 billion, according to a new estimate of Forbes, becoming the first person in world history to reach this stage.

Tesla did not answer questions sent Wednesday. Gizmodo will update this article if we hear back, although we do not count. Musk got rid of the company’s press relations team in 2020.