Automotive News Daily Drive

Oct. 3, 2025 | Tesla sets sales record; Cox Automotive’s Andy Mayers

Automotive News

Tesla sets a sales record in the third quarter as consumers rushed to snap up federal electric vehicle tax credits before their Sept. 30 expiration. Most EV defectors say they would reconsider with a $5,000 incentive. Plus, Andy Mayers, lender solutions strategist at Cox Automotive, talks about opportunities for lenders in the subprime market.