(Patrick T. Fallon/Getty Images)

Electric vehicle sales to hit record this quarter as sun sets on tax credit

Cox Automotive expects US EV sales to reach 410,000 in Q3, up more than 20% from last year.

9/29/25 10:27AM

Electric vehicle sales are expected to reach 410,000 in the US this quarter — up more than 20% from Q3 2024, according to new estimates from Cox Automotive. That means EVs will make up a record share of the new car market, at 10% of sales.

Would-be EV buyers are pulling forward purchases in order to take advantage of the federal $7,500 tax credit, which ends this month. Of course, that likely means EV sales will soon fall off because of those who pulled their purchases forward.

“The federal tax credit was a key catalyst for EV adoption, and its expiration marks a pivotal moment,” Stephanie Valdez Streaty, Cox’s director of industry insights, said. “This shift will test whether the electric vehicle market is mature enough to thrive on its own fundamentals or still needs support to expand further.”

Cox also estimated that Tesla, which sells more EVs than any other manufacturer in the US by far, will see its third-quarter US sales decline about 6% year over year. The situation would be similar to the one in Europe, where EV sales rose 30% last month while Tesla’s sales declined 37%.

However, other estimates, including those from prominent Tesla analyst Troy Teslike, expect the company’s sales to rise about 15% to a record this quarter. Tesla’s stock, meanwhile, is on track for its best month since the election.

Tesla doesn’t break out vehicle deliveries by region, so both Cox and Teslike are using outside datasets to estimate their numbers. As far as total US deliveries in the third quarter, we’ll find out soon enough, as Tesla is expected to release those numbers early next month.

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Prediction markets have, predictably, been given a boost by the summer of sports

Major platforms like Kalshi and Polymarket have seen huge upticks in users of late, thanks in no small part to what’s felt like a recent sporting smorgasbord, with major competitions across hockey, basketball, and soccer soaking up fans’ time (and spending, clearly) at the outset of summer.

While gaming industry groups may not like it, there’s been a huge change in the methods people are using to put money on the big games, with everyone from fortunate NYC bar owners, to a far less fortunate Spanish supporter, turning to prediction markets to try and turn their sports know-how into cold, hard cash.

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

2026 World Cup Reverses Seasonal Lull for Sports Betting Apps

According to a new report from Adam Blacker for apptopia, that shift might have been even more seismic than imagined in the wake of the NBA and NHL finals and around the 2026 World Cup kicking off.

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Anthropic pulls Fable and Mythos access worldwide after Trump administration bars their use by foreign nationals

Only days after releasing two versions of its next-gen AI model, Anthropic has disabled them for users worldwide.

Anthropic says it received a Friday night order from the Trump administration to suspend access to the models for any foreign national (anywhere in the world) — a group that included some Anthropic employees. In response, the company turned off access to everyone.

Last week, the company released to the public its much-anticipated Claude Fable 5 model (and its restricted version Claude Mythos 5, which is still being tested with trusted partners). Anthropic said in a blog post announcing the action that officials cited national security concerns with the new models, while offering few specific details.

The post said that the government gave the company “verbal evidence of a potential narrow, non-universal jailbreak” of the public Fable 5 model. A jailbreak is a means by which users can evade restrictions built into the code to unlock prohibited functionality. Anthropic downplayed the significance of the attack, and said other major models, such as OpenAI’s GPT-5.5, could also be affected by the technique described.

Fears of these first Mythos-class models being misused are running high, after Anthropic warned the cybersecurity world in May that the advanced cyber capabilities of Mythos have rapidly discovered thousands of vulnerabilities in ubiquitous software, leading to the decision to restrict the full version of the model to a close group of trusted partners for testing.

This morning, Axios reported that Anthropic technical staff have flown to Washington to meet with White House officials to resolve the issue.

The Wall Street Journal is reporting that the Trump administration’s decision to take action against Anthropic was prompted by discussions that Amazon CEO Andy Jassy had with officials, including Treasury Secretary Scott Bessent. According to the report, Amazon researchers said they had been able to evade some of Fable 5’s security restrictions using specific prompts. Amazon is a major investor in Anthropic.

Anthropic is currently suing the US government to fight the Pentagon’s blacklisting of the company on national security grounds.

Statement on the US government directive to suspend access to Fable 5 and Mythos 5