Tesla has increased lease prices for all its vehicles in the US. After a federal tax credit of $ 7,500 that helped boost sales of electric vehicles, according to the company’s website on Wednesday.
The change follows at the end of tax incentives under radical legislation approved by Congress, which eliminated the credit of $ 7,500 for new leases and purchases of EV, as well as a credit of $ 4,000 for EVs used, as of September 30.
Tesla and his rivals had passed these credits to customers through competitive lease offers.
The monthly and best -selling lease contract of the electric vehicle manufacturer increased to a range between $ 529 and $ 599, from a range of $ 479 to $ 529. The prices of all vehicles, however, remain unchanged.
The lease prices of model 3 touched a range of $ 429 to $ 759 per month, from a range of $ 349 to $ 699.
The demand for battery models already shows signs of a slowdown after rapid growth in the early decade. Sales could fall after the credits dry, the executives and car analysts warned.
Reuters reported last month that Tesla’s US market share fell to a minimum of almost eight years in August, since buyers chose electric vehicles from a growing rivals stable, according to data from the Cox Automotive research firm.
Tesla, which once maintained more than 80% of the EV market in the United States, represented only 38% of the country’s total sales in August, according to COX early data.
—Bor Nilutpal Timesina and Kanjyik Ghosh, Reuters
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