CleanTechnica reports that US EV sales are still rising despite the 2025 'OBBA' tax bill passed by Trump and the Republican Party, which slowed the electric vehicle movement. Kelly Blue Book data shows EVs made up 6.5% of new car sales last quarter, up from 5.8% the quarter before and the highest level since the federal EV tax credit ended, with Tesla, Toyota, and Lexus as the main drivers, followed by Rivian and Subaru. Public EV charging keeps expanding, and a wave of used, off-lease EVs has entered the market since early 2026. Startup Slate Auto opened a Chicago showroom for its electric pickup starting at $26,400, Ford is developing its Fathom electric pickup at just under $30,000, and GM will produce LMR batteries with LG Energy Solution in Tennessee, with 33% higher energy density than LFP.
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TSLAelectric vehiclesDonald Trump
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Related tickers and likely impact
TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/19/2026 | 368.06 |
| Change that session | +3.76% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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