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Tesla increases lease prices as US EV tax credit expires
TeslaTesla(US:TSLA) Yahoo Financeยท2025-10-01 08:02

Core Viewpoint - Tesla has increased lease prices for all its vehicles in the U.S. following the expiration of a $7,500 federal tax credit that previously supported electric vehicle sales [1][2] Group 1: Price Changes - The monthly lease for Tesla's best-selling Model Y has risen from $529 to approximately $599 at the top range [2] - All vehicle prices remain unchanged despite the increase in lease prices [2] Group 2: Market Impact - The expiration of tax incentives, including the $7,500 credit for new EV leases and purchases and a $4,000 credit for used EVs, is expected to impact demand negatively [1][2] - There are indications of a slowdown in demand for battery-powered models after a period of rapid growth earlier in the decade, with potential sales drops anticipated as credits are no longer available [2]