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The Great American EV Tax Credit Rush Has Begun

The Great American EV Tax Credit Rush Has Begun

The great EV buying frenzy has officially begun. In the last 48 hours, Tesla has seen delivery times for some of its most popular models skyrocket from a few weeks to nearly six months, a clear signal that consumers are stampeding to buy an electric vehicle before a crucial federal tax credit disappears for good.

This is the short-term sales boom that experts have been predicting, a last-chance gold rush for buyers. But for the EV industry, it’s also a sugar rush that could lead to a brutal crash.

The Deadline That Sparked the Madness

The cause of the chaos is the impending expiration of the federal EV tax credits. The credits—a key part of the Biden-era Inflation Reduction Act (IRA)—provided a $7,500 incentive for a new EV and $4,000 for a used one, significantly lowering the barrier to entry for many buyers. Losing them overnight makes many deals uneconomical, especially for first-time EV buyers.

Under the “One Big Beautiful Bill” signed by President Donald Trump on July 4, those credits will officially end on September 30. After that date, the price of a new EV will effectively jump by $7,500 overnight.

Anticipating this, automakers have been bracing for a surge of consumers looking to lock in the savings. Now, the first signs from Tesla, the undisputed market leader, prove the experts were right.

As of Sunday, consumers placing an order for most variants of the Model 3 sedan and all variants of the best-selling Model Y SUV were given a delivery estimate of four to six months, a massive jump from the one-to-three-week estimate seen just two days prior, Gizmodo found. This indicates that Tesla’s current inventory is being rapidly depleted by the surge in demand.

The Catch: You Have to Take Delivery

The long wait times are creating a high-stakes drama for buyers because of a critical rule: to qualify for the tax credit, you don’t just have to order the car by the deadline, you must take delivery of it. This is a point Tesla and its CEO, Elon Musk, are now urgently emphasizing.

“$7,500 Federal Tax Credit ends Sept 30,” Tesla wrote on X this Sunday. “You’ll need to take delivery – not just place an order – by that date to make use of the credit before it’s gone.”

Musk reposted the message, adding an even more alarming note: “Important re-timing of vehicle delivery.” The message is clear: if you wait too long, you’ll miss out.

Tesla Capitalizes on the Chaos

With demand surging and customers growing desperate, Tesla is already capitalizing on the situation. Earlier this week, the company raised its Model Y lease pricing by up to 14% and ended a free upgrade incentive for both the Model Y and Model 3. Latecomers have must place their orders by August 11 for the Model Y and August 18 for the Model 3 to take advantage of it.

The sudden changes, made with no warning, have frustrated some buyers.

“I am sick to vomiting with Tesla doing this to pull demand when they can’t do basic advertising/educating/public relations,” one user posted on X. “Every other company does it. It was cute when Tesla was a startup no more.”

This sales frenzy comes after a brutal second quarter for the automaker, which saw its deliveries fall 13.5% and its net revenue drop 16.3% compared to the previous year as it grappled with brand damage from Musk’s political activities.

While the current buying rush is a welcome short-term boost for Tesla’s bottom line, many analysts believe it is simply “pulling forward” demand from the fourth quarter and beyond. The real test will come on October 1, when the EV market will have to stand on its own for the first time in years, without the help of a massive government incentive.



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reports, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.

Expected Specifications and Camera Features

Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.

According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.

Expected Price of Vivo S2

The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo">Vivo S2 India Launch Tipped for August 6: Design and Key Specs Leaked
	
According to reports, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.



Expected Specifications and Camera Features



Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.



According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.



Expected Price of Vivo S2



The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo

, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.

Expected Specifications and Camera Features

Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.

According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.

Expected Price of Vivo S2

The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo">Vivo S2 India Launch Tipped for August 6: Design and Key Specs Leaked

According to reports, Vivo has started preparations for launching its S series phones back in India with the release of the Vivo S2 smartphone. While Vivo hasn’t officially confirmed a release date, some reports indicate the phone could launch on August 6th, with sales expected to begin on August 11. This would mark the revival of the S series of phones in India following the debut of the Vivo S1 phone back in 2019. Reports have also given an early look at its design while revealing details about its expected specifications, color options, and launch plans.

Expected Specifications and Camera Features

Leaks suggest the Vivo S2 will feature an OLED display with a refresh rate of up to 120Hz. The phone may use the MediaTek Dimensity 7360 chipset, built on a 4nm process. Reports also suggest the phone will come in 8GB + 128GB and 8GB + 256GB variants. On the camera front, the Vivo S2 is tipped to include a 50MP Sony main sensor. Some information also suggests that the phone would be capable of recording videos in 4K quality through both front and rear cameras.

According to some recent leaks, the Vivo S2 would come with a sleek design. It would have a 3D curved display with narrow borders and a punch-hole selfie camera at the center of the device. On the back side, there would be a camera module in the shape of a pill with two big rings and an LED flash. Unlike many smartphones, the camera module matches the rear panel color for a more seamless finish. Vivo could offer the phone in Sapphire Blue, Regal Bronze, and Silk White. Its design closely resembles the Vivo X300 FE. Vivo has not shared any battery details yet. However, one report suggests the Vivo S2 may pack a 7,000mAh battery. This information is still based on leaks and awaits official confirmation.

Expected Price of Vivo S2

The Vivo S2 could target India’s premium mid-range smartphone market. It might cost anywhere between ₹40,000 and ₹50,000, though Vivo has not yet officially announced its pricing. Some leaks also reveal internal listing prices, but they may differ from the final retail price. On launch, the Vivo S2 will challenge the OnePlus Nord 6 and the Motorola Edge 70 Pro smartphones. It will also take on the Realme 16 Pro series and Vivo V70 FE.

#Vivo #India #Launch #Tipped #August #Design #Key #Specs #LeakedVivo

Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War.

The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well.

“What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

#Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War">Annie Jacobsen’s ‘Biological War’ Is Coming to TV
                Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

 Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War. The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well. “What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

 The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”  Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.      #Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War

came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War.

The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well.

“What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

#Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War">Annie Jacobsen’s ‘Biological War’ Is Coming to TVAnnie Jacobsen’s ‘Biological War’ Is Coming to TV
                Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

 Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War. The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well. “What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

 The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”  Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.      #Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War

Before Denis Villeneuve came aboard as the next James Bond movie director, another intriguing project was sitting in his potential “to-do” pile: an adaptation of Nuclear War: A Scenario, Annie Jacobsen‘s 2024 book that uses extensive interviews and research to examine, minute by minute, what would happen if nuclear war broke out. Her latest book sounds very much in that same vein; it’s titled Biological War: A Scenario, and though it’s just been released today, it’s already been scooped up for adaptation.

Variety reports that Patrick Macmanus (the creator of Peacock’s Devil in Disguise: John Wayne Gacy) secured the rights to a television adaptation for his production company; he and Jacobsen will co-create and serve as executive producers on Biological War.

The book takes a close look at the seconds, minutes, hours, and days after the release of a microscopic agent that could bring down civilization if it’s allowed to spread across the globe. And it’s a weapon, not unlike The Stand‘s Captain Trips, so presumably the show will include a heavy government-military aspect to things as well.

“What begins with a routine day leads to the end of the world six days later,” Macmamus told Variety. “But it isn’t ultimately a nihilistic show. Yes. There’s the dark excitement and exploration of the apocalypse. But there’s a parallel story of the instinct to protect and rebuild. A celebration of community and family. The wish-fulfillment of starting the human experiment over again in the hopes of getting it right this time around.”

The Variety piece mentions the potential Villeneuve adaptation of Nuclear War, so maybe we’ll get to see that on screens eventually too. So far, there’s no streamer or network locked in for Biological War, but the trade writes “the television adaptation will be taken out to buyers in the upcoming weeks.”

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

#Annie #Jacobsens #Biological #War #ComingAnnie Jacobsen,Biological War

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