Tesla's U.S. Sales Plunge to Near 4-Year Low in November Post-Tax Credit Expiration

Cox Automotive estimates show Tesla's U.S. vehicle sales fell to a near four-year low in November 2025. The company sold approximately 39,800 units during the month.

This significant drop occurred after the $7,500 federal EV tax credits expired at the end of September. To counteract this impact, Tesla introduced cheaper 'Standard' range versions of its popular Model Y and Model 3 vehicles.

The decline suggests the new, more affordable models failed to offset the loss of the federal incentive. Furthermore, sales of these cheaper versions may be cannibalizing purchases of more expensive trims.

Despite the decrease in volume, Tesla gained market share within the U.S. electric vehicle sector. Its share increased to 56.7% from 43.1% a year prior, as the broader EV market experienced an even steeper sales decline of over 41% in November.