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Tesla Shares Soar for Fourth Day Amid Extended Delivery Times and Heightened Demand
5 day ago /
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Author：小编
Tesla's share price has surged for the fourth consecutive day on August 12. The introduction of Tesla's autonomous taxi service in Austin, Texas, has injected a wave of positivity into its stock market performance. Concurrently, the anticipated delivery window for the Model Y has been extended to four to six weeks, a testament to the surging volume of orders. This uptick can be partly attributed to the imminent expiration of the federal electric vehicle purchase tax credit, which originally offered subsidies of up to $7,500 but was eliminated in a bill signed by President Trump on July 4. Potential buyers rushing to secure their vehicles before the subsidy ends may have contributed to an earlier surge in demand.
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