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Tesla sales surge to record on rush to snag US tax credit

Mint Chennai

|

October 03, 2025

Tesla Inc. reported a surprise increase in quarterly vehicle sales as US consumers accelerated electric-car purchases before federal tax credits expired.

- Bloomberg

Tesla sales surge to record on rush to snag US tax credit

While the tax credit expiration boosted Q3 sales, the pull-forward effect could mean weaker EV demand in 2025's final months.

(REUTERS)

The company delivered a record 497,099 vehicles worldwide during the period, up 7.4% from a year ago. That compares with the roughly 439,600 average projection compiled by Bloomberg.

Tesla has sought to revive its core automotive business, which languished for several quarters under the weight of an aging lineup, rising competition and the elimination of US policies supporting the electric vehicle (EV) market. The company also faced a consumer backlash to chief executive officer Elon Musk's politics as he worked closely with US President Donald Trump early this year.

Mint Chennai से और कहानियाँ

Mint Chennai

Al nostalgia has a new generation loving the 1980s

The baffling popularity of Al-generated 80's videos and other news this week

time to read

1 min

November 26, 2025

Mint Chennai

Mint Chennai

Apple iPhone 17 vs Google Pixel 10: a ₹80,000 close call

In a face-off between the iPhone 17 and Google Pixel 10, find out which flagship phone deserves your investment

time to read

3 mins

November 26, 2025

Mint Chennai

IndoSpace Core acquires six logistics parks for over $300 mn

IndoSpace Core, a joint venture between the Canada Pension Plan Investment Board, or CPP Investments, and IndoSpace, has acquired six industrial and logistics parks valued at over $300 million.

time to read

1 min

November 26, 2025

Mint Chennai

India’s first privately made PSLV is close to lift-off

handling the core hardware manufacturing part of the deal, and if all goes well, we should see multiple PSLV launches in 2026 itself,” said Amit Ramchandani, senior vice-president and head of precision engineering and systems at L&T, confirming the launch timeline.

time to read

2 mins

November 26, 2025

Mint Chennai

Let ‘nowcasts’ precede our economic numbers

‘Nowcasting’ that captures data from early indicators could aid policymaking, especially in the face of high economic uncertainty. But it must supplement existing data, not supplant it

time to read

2 mins

November 26, 2025

Mint Chennai

Businesses mustn't wait for a global climate consensus

This year’s United Nations climate summit in Belém, Brazil, ended last week. Countries made promises on paper and avoided hard decisions. Having gathered nearly 200 nations to chart out climate action, CoP-30 produced a ‘Belém Political Package’ that deferred questions rather than answer them. We should not pretend that this is progress.

time to read

3 mins

November 26, 2025

Mint Chennai

Ore shortage hits Adani copper plant

Indian tycoon Gautam Adani’s $1.2 billion copper smelter in Gujarat is receiving only a fraction of the ore required to operate the 500,000-tonne-a-year plant at full capacity, as a global supply squeeze tightens.

time to read

1 min

November 26, 2025

Mint Chennai

Mint Chennai

New emission norms for small tractors likely to be deferred

The Centre is set to give Indian tractor makers major relief by delaying the rollout of the next phase of emission rules—the Tractor and Machinery Emission Standards V (TREM V)—for tractors below 50 horsepower (HP), two officials told Mint.

time to read

1 mins

November 26, 2025

Mint Chennai

PPFAS’s new fund to run like an index fund, with an edge

Fund will use futures market discounts, merger opportunities and index-rebalancing tactics

time to read

3 mins

November 26, 2025

Mint Chennai

Mint Chennai

Wipro to enter pet foods with ‘HappyFur’

Wipro Consumer Care and Lighting, the consumer venture of Wipro Enterprises, is set to enter India’s fast-growing pet food market with a new brand, ‘HappyFur’, said three people aware of the plan.

time to read

2 mins

November 26, 2025

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