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Oct. 3, 2025 | Tesla sets sales record; Cox Automotive’s Andy Mayers
Tesla sets a sales record in the third quarter as consumers rushed to snap up federal electric vehicle tax credits before their Sept. 30 expiration. Most EV defectors say they would reconsider with a $5,000 incentive. Plus, Andy Mayers, lender solutions strategist at Cox Automotive, talks about opportunities for lenders in the subprime market.
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By Automotive News
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Tesla sets a sales record in the third quarter as consumers rushed to snap up federal electric vehicle tax credits before their Sept. 30 expiration. Most EV defectors say they would reconsider with a $5,000 incentive. Plus, Andy Mayers, lender solutions strategist at Cox Automotive, talks about opportunities for lenders in the subprime market.
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