In order to catch the last train, Tesla's (TSLA.US) American orders have surged.
The financial news app Zhitong learned that in the third quarter, the United States electric vehicle market is experiencing a buying frenzy. Tesla (TSLA.US) on Monday extended the estimated delivery time of its most popular model, Model Y, from one to three weeks to four to six weeks, indicating a significant increase in orders. However, behind this, there is a key reason: this is the last quarter for American buyers to enjoy up to $7,500 in federal tax credits for buying a car. This incentive was eliminated in the tax and spending bill signed by Trump on July 4th.
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