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The expiration of the EV tax credit raises questions about future prices, demand, and the impact on Tesla, the most valuable car company in the world.

With the expiration of the EV tax credit, there are questions about the future of electric vehicle prices, demand, and the impact on Tesla, the most valuable car company in the world.

Tesla's market share in the U.S. dropped to its lowest level since 2017. Tesla sales were down 43% year over year in the EU, and they're down 6.3% year to date in China.

Tesla's new cars are about $5,000 less than the current models, but they're a significant downgrade. Essentially, Tesla customers are paying more for less.

Tesla's stock trades at 17 times sales, significantly higher than competitors like Ford and GM, which trade at less than 0.5 times sales. This discrepancy highlights Tesla's status as a meme stock, driven by investment in Musk and AI rather than fundamentals.

EVs captured a record 12% of new vehicle sales in September, with overall sales spiking 27% compared to last year.

In Europe, when subsidies for electric vehicles were removed, the market continued to grow despite initial choppiness. This suggests that the U.S. EV market may follow a similar pattern.

In September, electric vehicles captured a record 12% of new vehicle sales, with overall sales spiking 27% compared to last year. Tesla posted its best quarter of the year in terms of deliveries.

With the expiration of the EV tax credit, there are questions about how it will affect prices, demand, and companies like Tesla. Historically, when subsidies have ended in other markets, there has been some demand pull forward, but the market continues to grow over the long run.

The Optimus robot, once projected to make up 80% of Tesla's market value, faces setbacks with production delays and leadership changes. This raises questions about Tesla's ability to pivot from its core EV business.