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November's EV Registrations Were Cut In Half Thanks To The EV Tax Credit's Death [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
sales . Data provided by S&P Global Mobility from November shows that new electric vehicle registrations were nearly cut in half from a year earlier, with legacy automakers being hit even harder than Tesla, which maintained its commanding lead over the rest of the field. In November of 2025, just 56,072 EVs were registered in the U.S. — a 49% drop from a year earlier. It means that electric vehicles' share of the light-vehicle market dropped 3.7% to just 4.6%, according to Automotive News . Some industry analysts now believe that EVs won't get back above 6% market share for at least the next couple of years. It's really a damn shame, too, because things were really looking good for the industry for most of 2025. Despite the massive dropoff in November (and mixed-at-best results in October), cumulative data for the first 11 months of 2025 showed that EV registrations grew 5.6% to nearly 1.2 million vehicles. Their market share during the first 11 months of the year rose to 8.1%, a Show less Read more
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