#CNBC Tesla, GM lead record U.S. EV market share as federal purchase incentives end

Tesla, GM lead record U.S. EV market share as federal purchase incentives end
Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric vehicles, as consumers hurried to buy EVs before up to $7,500 in federal incentives for each purchase ended in September.

EVs also set a new quarterly record of more than 438,000 units sold during the third quarter — achieving market share of 10.5% for the period.

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