# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CzBsEZYNYad
- **Gondola URL:** https://gondola.cc/posts/17858609-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/54f7ada0dd.jpg
- **Posted:** 2023-10-30T14:30:53.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

Tesla’s VP of Investor Relations Martin Viecha said in a recent post on X, that global EV sales saw its first sequential decline in a long time in the first half of 2023. “Let’s see what happens in the 2nd half of this year,” he added.

Reposting his comments, Black said after the 2023 EV adoption pause, he expects EV adoption to re-accelerate in 2024 due to three factors. The fund manager said the $7,500 U.S. EV tax credit allowed under the Inflation Reduction Act 2022 will go to off-invoice on Jan. 1, 2024, and the $7,500 reduction will be reflected in lower monthly payments.

Secondly, category news driven by the Cybertruck launch will spark new interest in all EVs, Black said.

Thirdly, renewed interest in global EV adoption is likely as autonomous driving systems reach Level 3 and Level 4 automation, he added.
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#tesla #evs #expertideas

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## Tags

expertideas, evs, tesla

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