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  Electrek reported Thursday, citing people familiar with the matter, that Tesla (NASDAQTSLA) told workers they anticipate losing the full$,500 civil duty credit on their cheapest electric auto, the Model 3 Standard range. The communication to workers appears to have been done to prepare buyers of those vehicles, as the access to the full credit could change if delivery is done on April 1 rather than March 31 – pending sanctioned guidance. For the last three months, eligible buyers in the US could get the duty credit on all Tesla Model 3 and Model Y vehicles. still, the EV maker expects the IRS to release battery force guidance any day now. Once that happens, the company expects to lose the full credit on the Model 3 Standard Range, as their batteries are supplied from China. When the new duty credit program was blazoned, it included conditions for at least 40 of the value of the critical minerals in the battery having been uprooted or reused in the United States or a country with a U.

  TESLA SOLD 100,291 CHINA-MADE VEHICLES IN NOV -XINHUA  Tesla (NASDAQ: TSLA) Inc delivered 100,291 China-made electric vehicles (EVs) in November, the highest monthly sales since its Shanghai factory opened in late 2020, a Xinhua report said on Monday. The number marks a 40% increase from October and 89.7% more than a year earlier after the U.S. automaker ramped up output at the Shanghai plant, cut prices for the best-selling models, and offered incentives to Chinese buyers. However, BYD led all brands in China’s November EV sales at 229,942 electric cars including plug-in hybrids and pure electric vehicles, three times more than a year earlier and more than double Tesla’s tally, China Passenger Car Association data shows. TESLA TECHNICAL ANALYSIS DAILY CHART: Read More

TESLA’S LOGISTICAL CHALLENGES OVERSHADOW RECORD DELIVERIES Tesla  Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries. The top electric car maker said “it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost,” but some analysts were also concerned about demand for high-ticket items due to the weakening global economy. “The economy around the edges is still having a negative impact for Tesla (NASDAQ:TSLA) that’s mostly logistical. But I think there is some demand (issues) sprinkled in there,” Wedbush Securities analyst Dan Ives told Reuters after the delivery results. “There is a dark cloud over the auto sector. And Tesla is not immune.” Tesla delivered 343,830 electric vehicles, a record for the world’s most valuable automaker, but less than the 359,162 analysts on average had expected, according to Refinitiv. A year earlier Tesla deli