The $7,500 electric vehicle (EV) tax credit-gone. Vanished. Expired at the stroke of midnight on Tuesday. Poof. And with it, the immediate expectation of a dip in demand. I mean, without that sweet little incentive, who in their right mind is still going to fork over a fortune for a battery-powered car? Even Ford’s CEO, Jim Farley, is predicting a demand drop of about 50%. That’s not a typo.
But here’s the thing: it’s not the end of the world. In fact, there are a few players in the EV game who could come out just fine, thank you very much, even without Uncle Sam’s handout. Sure, they’re going to have to face the music of an EV market that’s probably going to feel a little… crowded, but hey, some of these stocks-brace yourself-could still succeed.
The EV Maker That’s Not Even Really *Trying* To Be An EV Maker
Tesla. Now, I know what you’re thinking: “Of course Tesla’s going to be fine, it’s Tesla!” And you’re not wrong. Even though they saw a decline in deliveries this year-first a 13% drop, then another 13.5%-they’re still fine. In fact, their stock is up by 14% this year. I mean, they could be selling rubber chickens and still keep the stock price afloat. They’re not just an EV company anymore; they’re about autonomous everything. Self-driving cars? Check. Robotaxis? Check. Humanoid robots who will do your laundry? Probably.
Now, let’s talk about Tesla’s price-to-sales ratio. It’s 17.4. To put that in perspective, Toyota’s at a humble 0.78x, and Volkswagen? A measly 0.16x. So, you’d think with all that market share and actual car sales under their belt, Tesla might lower the ratio. But no. Investors are betting that the future of technology, and not the car market, is where the real gold is buried. And honestly, it doesn’t look like the EV tax credit expiration is going to change that. Who needs the tax credit when you’re basically the tech world’s golden child?
The EV Maker That’s *Literally* Unaffected
Now, if you’re looking for a company that’s completely unfazed by the expiration of the EV tax credit, well, hello, Nio. This company isn’t even selling its cars in the U.S. Why? Because it doesn’t have to. Nio is busy setting up shop in Europe and China, places where people actually seem to be, I don’t know, *interested* in EVs. And get this: their Onvo L90 electric SUV is priced at a cool $37,000-oh, and if you opt for the battery-as-a-service plan, you can get it for just $25,000.
So, it’s affordable and without the government handout. This, ladies and gentlemen, is how you do it. When the U.S. is twiddling its thumbs over tax credits, Nio is just chugging along, selling electric vehicles in a market where demand is… how do I put this gently? It’s just *there*. Also, they have a battery swap plan, which is probably one of the most *practical* things I’ve heard in a while. Imagine not having to wait an hour for your car to charge. What a concept.
The EV Maker That Barely Even *Makes* EVs
And then there’s Toyota. You remember them, right? The ones who really weren’t all that enthusiastic about full electric vehicles to begin with. They kind of sat back and went, “You know what? Hybrids are fine. We’ll double down on them. Who needs fully electric cars when you have the Prius, am I right?” So, Toyota’s full EV lineup? It’s tiny, like, “Hey, here’s the bZ SUV, you want one?” tiny. They’ve sold maybe 35,000 of them in the U.S. since late 2022. And let’s not forget, the bZ was only eligible for the tax credit if it was leased, not bought.
But here’s the kicker: Toyota’s been focusing on hybrids the whole time, and that’s been working out fine. In fact, their hybrid models (Camry, Sienna, etc.) weren’t even eligible for the tax credit, and yet they’ve kept chugging along. They’re not getting tripped up by this tax credit business at all. Sales of the bZ SUV might be affected, sure, but it’s hardly a blip in their bigger plan. They’ve got a 3.2% dividend yield, too. So, Toyota’s a decent option if you’re looking for safety in a market that’s constantly swerving into unpredictability.
So, look-if you’re waiting around for some big crash in EV stocks because of the expiration of the tax credit, you might be waiting a while. Some companies are well-positioned to thrive regardless of a little government pushback. Because when you’re in the business of pushing technology forward, a tax credit? Yeah, that’s just a bonus. A nice, little bonus that everyone’s fighting over. But in the end? It’s all about who has the best *ideas*, and the best *plans*. And maybe, just maybe, that doesn’t come with a tax credit at all.
Oh, and by the way-seriously, when’s the last time someone *actually* used that tax credit to buy an EV? It’s like waiting for a bus that never arrives. 😒
Read More
- Gold Rate Forecast
- Molière’s AI ETF Farce: Three Acts of Financial Folly
- SWIFT’s Blockchain Gambit: 30+ Banks Chase 24/7 Cash Flow Dreams 🤑🚀
- The Descent and Ascent of Financial Fates
- Plug Power: A Value Investor’s Diary of Hydrogen Hopes and Hubris
- Umamusume: Daiwa Scarlet build guide
- The $1 Trillion Temptation: A Desperate Investor’s Guide to AI’s Abyss
- HYPE Goes Bananas 🍌: Hypurr NFTs Fetch More Than Your Aunt’s Antique Vase
- Warren Buffett’s Investment Wisdom: Turning $300 a Month Into $1 Million
- Firefly’s Fall: From Lunar Dreams to Market Doldrums
2025-10-06 03:41