
The U.S. electric vehicle subsidy is phasing out, and Tesla raises the leasing prices for Model 3/Y

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Tesla has raised the leasing prices for all models in the U.S. market due to the termination of the $7,500 federal tax credit policy. The monthly lease for the Model Y has increased from $479-$529 to $529-$599, while the monthly lease for the Model 3 has risen from $349-$699 to $429-$759. Despite the increase in leasing prices, the retail prices for all models remain unchanged. Analysts warn that demand for electric vehicles is slowing, and sales may decline further, with Tesla's market share in the U.S. electric vehicle market dropping to 38%
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