Data suggest Tesla's share of the US electric vehicle market is increasing. The automaker is boasting a 59% stronghold in EVs as of Q4. GM board member and DVX Ventures Co-Founder and CEO Jon McNeill says he continues to look for market share gains from newer EV entrants like GM, Hyundai, and Toyota. He speaks with Scarlet Fu on "Bloomberg Markets." ...

Core Points - The One Big Beautiful Bill Act introduces a tax deduction for car loan interest, allowing eligible taxpayers to deduct up to $10,000 from their federal taxes for tax years 2025 through 2028 [2][14] - The deduction is an above-the-line deduction, meaning it can be claimed regardless of whether the taxpayer itemizes deductions or takes the standard deduction [2] Eligibility Criteria - To qualify for the full deduction, single filers must have a taxable income not exceeding $100,000, while married couples filing jointly must not exceed $200,000; the deduction phases out for incomes above these thresholds [3] - The vehicle must be for personal use, purchased new after December 31, 2024, and have its final assembly location in the U.S. [7][16] Calculation of Deduction - The deduction is based on the interest paid on the car loan, not the total loan payment; for example, if a taxpayer paid $2,418 in interest, this amount would reduce their taxable income, not their tax bill directly [8][10] - Taxpayers must file Schedule 1-A to report the deduction, including the amount of interest paid and the vehicle's VIN [12][15] Additional Information - Electric vehicles qualify for the deduction if they meet the same criteria as other vehicles [16] - Business-related car loan interest deductions are also available for self-employed individuals or business owners, following existing rules prior to the OBBB [18][19]

Key Takeaways Toyota Motor Corporation sold 2.52M vehicles in North America in 2025, up 8% year over year.TM's 2025 EV sales rose 17.6% to 1.18M units, making up 47% of total volume.Toyota absorbed U.S. tariff costs to sustain demand, but Q4 EV sales slipped 1.9% despite higher totals.Toyota Motor (TM) reported strong U.S. deliveries of 2,518,071 units, implying a year-over-year increase of 8%.The electric vehicle sales for the year totaled 1,183,248, up 17.6% year over year, representing 47% of all units s ...

Core Insights - Ford reported an increase in auto sales in the U.S. for 2025, driven by strong consumer demand for its hybrid models and affordable pickup trucks, which helped to mitigate the decline in electric vehicle sales [1] Group 1 - The company experienced higher auto sales in the U.S. in 2025 [1] - Strong consumer appetite for hybrid models contributed significantly to the sales increase [1] - Affordable pickup trucks played a crucial role in offsetting the slowdown in electric vehicle sales [1]

Core Viewpoint - Analysts expect a significant decline in Tesla's fourth-quarter vehicle deliveries, projecting a 15% drop due to reduced consumer demand following the expiration of federal electric vehicle tax credits [1] Group 1 - The anticipated decline in vehicle deliveries is attributed to the expiration of federal EV tax credits, which has negatively impacted consumer demand [1]

Core Insights - Last year was challenging for electric vehicle (EV) companies in the United States, indicating a difficult market environment for the industry [1] Industry Summary - The overall performance of the EV sector in the U.S. was subpar, reflecting broader economic challenges and market dynamics [1]

Core Insights - Rivian reported 2025 electric vehicle deliveries that fell slightly more than expected, indicating pressure on demand for higher-priced EVs as the company prepares to start delivering a lower-cost model [1] Summary by Category Company Performance - Rivian's electric vehicle deliveries for 2025 were lower than anticipated, highlighting challenges in the market for premium-priced electric vehicles [1] Market Demand - The decline in deliveries underscores the pressure on demand for higher-priced electric vehicles, suggesting a potential shift in consumer preferences towards more affordable options [1]

China's electric vehicle (EV) industry is accelerating its global expansion, with exports surging across emerging and developed markets, while domestic champion BYD appears poised to overtake Tesla as... ...

Core Viewpoint - The article suggests that investors who missed the long-term gains from Tesla stock may find a new opportunity with Rivian Automotive, an electric vehicle manufacturer [1] Company Summary - Rivian Automotive is highlighted as a potential investment opportunity in the electric vehicle sector, similar to Tesla's past performance [1]

Core Insights - Ford announced a significant write-off of $19.5 billion related to its electric vehicle business, yet this news did not lead to panic among shareholders [1] Company Summary - The $19.5 billion write-off indicates substantial financial challenges within Ford's electric vehicle segment [1] - Despite the write-off, shareholder confidence appears to remain intact, suggesting a potential long-term belief in the company's strategy or recovery [1] Industry Summary - The announcement reflects broader challenges faced by the electric vehicle industry, particularly in managing costs and achieving profitability [1] - The reaction of shareholders may indicate a growing acceptance of volatility and risk within the electric vehicle market as companies navigate their transition strategies [1]