Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
The company’s production was limited by a global chip shortage but it made big gains in the fastest-growing segment of the auto market.
Here is a partial list of electric and plug-in hybrid vehicles that will qualify for federal tax credits in 2023.
Foreign-made cars no longer qualify. Tesla and G.M. should become eligible again. But officials are still working on the fine print.
Sales contracts prevent buyers of the company’s electric cars from pursuing class-action suits if something goes wrong.
Carmakers say electromagnetic interference causes static and noise on AM transmissions, annoying customers. Broadcasters say they could lose a connection to their core listeners, who rely on the radio for emergencies.
The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
The increase from the same period last year comes as competition grows among automakers producing electric vehicles in the United States.
The automaker said the move was needed to be competitive and reallocate resources.