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Tesla, EV makers leave gas cars in the dust with new German stimulus bill

(Credit: CrAzYDr1veR/YouTube)

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Tesla and other electric vehicle manufacturers who have a presence in Germany are poised to benefit from the country’s new stimulus bill that is worth €130 million. The bill offers specific incentives for sustainable vehicles, while no benefits are provided for cars equipped with the internal combustion engine.

The current EV incentive is €3,000, but German officials plan to double that figure to €6,000 if the car costs less than €40,000 brand new. Also, adjusted tax benefits for EVs are now available to any vehicle that costs €60,000. Previously, the limit was €40,000.

German state governments that host automotive manufacturers initially proposed incentives of €3,000 for internal combustion engine cars, and €4,000 for electric, hybrid, and fuel cell vehicles, E Auto Info reported. Another €1,000 would be given to anyone who scrapped a gas-powered car, with an additional €1,000 if an EV was purchased after getting rid of the petrol-powered vehicle.

This proposal was declined, and Germany favored an incentivized system that allowed electric vehicle owners to have more benefits. Meanwhile, gas-powered car owners would hold no financial benefit driving their vehicles. With this, the German government appears to be encouraging EV ownership by offering incentives for driving Earth-friendly automobiles.

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The only incentive in the new stimulus bill that would benefit drivers of ICE vehicles is the lowering of Value Added Tax, or VAT. This has been decreased from 19% to 16%, but this incentive also applies to electric cars. To put this into perspective, a 3% drop in VAT and a €6,000 EV incentive would bring the cost of the Tesla Model 3 Standard Range+ from €40,990 to €36,881 after taxes.

Ultimately, Tesla stands to benefit significantly from the reformed stimulus package.

Tesla is currently in the process of building its Giga Berlin facility. As of June 3, construction crews on the site have laid the first layers of concrete, and the groundbreaking of the facility is underway.

Giga Berlin will produce 500,000 vehicles annually. With this number of cars rolling out of the facility, Europe will have a dedicated Tesla production plant in the region, alleviating the need for vehicles to be imported.

German citizens stand to benefit the most from Giga Berlin. Not only is the Gigafactory located in the country, but the government incentive plan will benefit consumers who choose to drive electric cars. Not only will this move stand to help drivers, but Tesla will likely see an increase in demand due to the tax breaks and government incentives.

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The full list of the stimulus package’s benefits are listed below:

  • Electric vehicle tax exemption prolonged from ending in 2025 to end 2030
  • Increase of vehicle tax for CO2 heavy vehicles
  • A decrease in electricity cost to consumers and business
  • Support of the car industry (including suppliers) R&D of 2 billion in the next two years (this is general, includes ICE)
  • Support of fleet electrification for social NGOs worth €200 million
  • Support of EV R&D, charging infrastructure and battery manufacturing worth 2.5 billion euros (plan to require every gas station to have charging points)
  • Program to electrify commercial and public bus and truck fleets worth 1.2 billion until the end of 2021, including a subsidy for electric buses and their charging infrastructure.
  • Lowering of VAT from 19% to 16% for the second half of 2020
  • Increase of EV subsidy from €3,000to €6,000 until the end of 2021

Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla China registrations hit 20.7k in final week of June, highest in Q2

The final week of June stands as the second-highest of 2025 and the best-performing week of the quarter.

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Credit: Tesla China

Tesla China recorded 20,680 domestic insurance registrations during the week of June 23–29, marking its highest weekly total in the second quarter of 2025. 

The figure represents a 49.3% increase from the previous week and a 46.7% improvement year-over-year, suggesting growing domestic momentum for the electric vehicle maker in Q2’s final weeks.

Q2 closes with a boost despite year-on-year dip

The strong week helped lift Tesla’s performance for the quarter, though Q2 totals remain down 4.6% quarter-over-quarter and 10.9% year-over-year, according to industry watchers. Despite these declines, the last week of June stands as the second-highest of 2025 and the best-performing week of the quarter. 

As per industry watchers, Tesla China delivered 15,210 New Model Y units last week, the highest weekly tally since the vehicle’s launch. The Model 3 followed with 5,470 deliveries during the same period. Tesla’s full June and Q2 sales data for China are expected to be released by the China Passenger Car Association (CPCA) in the coming days.

Tesla China and minor Model 3 and Model Y updates

Tesla manufactures the Model 3 and Model Y at its Shanghai facility, which provides vehicles to both domestic and international markets. In May, the automaker reported 38,588 retail sales in China, down 30.1% year-over-year but up 34.3% from April. Exports from Shanghai totaled 23,074 units in May, a 32.9% improvement from the previous year but down 22.4% month-over-month, as noted in a CNEV Post report.

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Earlier this week, Tesla introduced minor updates to the long-range versions of the Model 3 and Model Y in China. The refreshed Model 3 saw a modest price increase, while pricing for the updated Model Y Long Range variant remained unchanged. These adjustments come as Tesla continues refining its China lineup amid shifting local demand and increased competition from domestic brands.

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Tesla investors will be shocked by Jim Cramer’s latest assessment

Jim Cramer is now speaking positively about Tesla, especially in terms of its Robotaxi performance and its perception as a company.

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Credit: CNBC Television/YouTube

Tesla investors will be shocked by analyst Jim Cramer’s latest assessment of the company.

When it comes to Tesla analysts, many of them are consistent. The bulls usually stay the bulls, and the bears usually stay the bears. The notable analysts on each side are Dan Ives and Adam Jonas for the bulls, and Gordon Johnson for the bears.

Jim Cramer is one analyst who does not necessarily fit this mold. Cramer, who hosts CNBC’s Mad Money, has switched his opinion on Tesla stock (NASDAQ: TSLA) many times.

He has been bullish, like he was when he said the stock was a “sleeping giant” two years ago, and he has been bearish, like he was when he said there was “nothing magnificent” about the company just a few months ago.

Now, he is back to being a bull.

Cramer’s comments were related to two key points: how NVIDIA CEO Jensen Huang describes Tesla after working closely with the Company through their transactions, and how it is not a car company, as well as the recent launch of the Robotaxi fleet.

Jensen Huang’s Tesla Narrative

Cramer says that the narrative on quarterly and annual deliveries is overblown, and those who continue to worry about Tesla’s performance on that metric are misled.

“It’s not a car company,” he said.

He went on to say that people like Huang speak highly of Tesla, and that should be enough to deter any true skepticism:

“I believe what Musk says cause Musk is working with Jensen and Jensen’s telling me what’s happening on the other side is pretty amazing.”

Tesla self-driving development gets huge compliment from NVIDIA CEO

Robotaxi Launch

Many media outlets are being extremely negative regarding the early rollout of Tesla’s Robotaxi platform in Austin, Texas.

There have been a handful of small issues, but nothing significant. Cramer says that humans make mistakes in vehicles too, yet, when Tesla’s test phase of the Robotaxi does it, it’s front page news and needs to be magnified.

He said:

“Look, I mean, drivers make mistakes all the time. Why should we hold Tesla to a standard where there can be no mistakes?”

It’s refreshing to hear Cramer speak logically about the Robotaxi fleet, as Tesla has taken every measure to ensure there are no mishaps. There are safety monitors in the passenger seat, and the area of travel is limited, confined to a small number of people.

Tesla is still improving and hopes to remove teleoperators and safety monitors slowly, as CEO Elon Musk said more freedom could be granted within one or two months.

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Tesla launches ultra-fast V4 Superchargers in China for the first time

Tesla has V4 Superchargers rolling out in China for the first time.

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Credit: Tesla

Tesla already has nearly 12,000 Supercharger piles across mainland China. However, the company just initiated the rollout of the ultra-fast V4 Superchargers in China for the first time, bringing its quick-charging piles to the country for the first time since their launch last year.

The first batch of V4 Superchargers is now officially up and running in China, the company announced in a post on Chinese social media outlet Weibo today.

Tesla China teases arrival of V4 Superchargers in 2025

The company said in the post:

“The first batch of Tesla V4 Superchargers are online. Covering more service areas, high-speed charging is more convenient, and six-layer powerful protection such as rain and waterproof makes charging very safe. Simultaneously open to non-Tesla vehicles, and other brands of vehicles can also be charged. There are more than 70,000 Tesla Superchargers worldwide. The charging network layout covers 100% of the provincial capitals and municipalities in mainland China. More V4 Superchargers will be put into use across the country. Optimize the charging experience and improve energy replenishment efficiency. Tesla will accompany you to the mountains, rivers, lakes, and seas with pure electricity!”

The first V4 Superchargers Tesla installed in China are available in four cities across the country: Shanghai, Zhejiang, Gansu, and Chongqing.

Credit: Tesla China

Tesla has over 70,000 Superchargers worldwide. It is the most expansive and robust EV charging network in the world. It’s the main reason why so many companies have chosen to adopt Tesla’s charging connector in North America and Europe.

In China, some EVs can use Tesla Superchargers as well.

The V4 Supercharger is capable of charging vehicles at speeds of up to 325kW for vehicles in North America. This equates to over 1,000 miles per hour of charging.

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