See every side of every news story
Published loading...Updated

Tesla leads price cuts as US EV sales post 2nd-best month ever

Tesla cut prices by 2.4% in July, helping US electric vehicle sales rise 20% year-over-year to 130,000, the second-highest monthly total recorded, according to Cox Automotive.

Summary by Electrek
US EV sales jumped 20% in July as prices fell and record incentives rolled out ahead of federal credit cuts, Kelley Blue Book reports.

7 Articles

Center

Sales of electric vehicles (EV) in the United States skyrocketed in July. According to the original report, it is estimated that more than 130,000 units were sold, an increase of 20% compared to the previous year. However, it was not only the expiration of the tax credit that drove these sales, but also the price cuts, with Tesla being the protagonist of this strategy.The price reduction played a key role in the increase in sales.The average tra…

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 80% of the sources lean Left
80% Left

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Jalopnik broke the news in on Monday, August 11, 2025.
Sources are mostly out of (0)