'Your share will start to decline'

‘Your share will start to decline’

Amid a major rebranding effort and struggles with its image, Tesla saw its market share drop to a surprising low with federal tax credits for electric vehicles set to expire Sept. 30. Cox Automotive exclusively shared data with Reuters that revealed Tesla’s U.S. market share has dipped to its lowest level in nearly eight years…

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The best EV deals now are on the used market

The best EV deals now are on the used market

Used EV sales topped 100,000 for the first time in the second quarter, according to industry-services business Cox Automotive. It is a rare bright spot for the EV industry, which is contending with lackluster demand and the looming elimination of federal tax credits. Sales for new EVs fell in each of the last three months….

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