Tesla sells 7 percent before the end of tax credit

Tesla sales increased by more than 7 percent in the third quarter of a federal tax credit for electric cars (EVS), reflecting a significant decrease in delivery operations of the first half of the year.

The EV’s EV’s Elon Musk delivered 497,099 cars in the three-month period from July to September-an increase of 7.4 percent of the same time last year and 29 percent over the previous quarter.

The jump comes in sales at a time when federal credit provides EV, which has made $ 7500 credit for the purchase and new EV rents, at the end of September. Credit was canceled as part of the Law of the Bill of President Trump Gempender earlier this year.

Tesla raised the price of renting its cars on Wednesday after the credit ended, according to Reuters.

The maker of EV has passed a rock year, as government work in Musk was burdened by the company. Tesla has become a political symbol of its CEO and its role, which leads to efforts to reduce the controversial costs in the Ministry of Government.

Tesla shares declined as a result. In March, the price of his share decreased by more than 40 percent of the beginning of the year. It also saw a 71 percent decrease in the first quarter profits.

Musk eventually left the White House at the end of May, and the company’s shares were slowly recovered. This has proven fruitful for the Mongols of Technology, who became the first person to achieve for $ 500 billion on Wednesday.