(AOF) – Tesla is expected to rise on Wall Street as thanks to the rapid adjustment of its battery supply chain, all of its Model 3 vehicles are eligible for US federal credits. The Biden administration confirmed on Tuesday that all Tesla Model 3s are now eligible for the $7,500 electric vehicle tax credit, while two of the three versions are eligible for half the credit. Along with other tax breaks, these tax credits could bring their price down to below that of a Toyota Camry.
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A paradoxical performance
Data from EY highlights that the performance of the world’s top 16 manufacturers was particularly strong in 2021. While the average margin has fallen for three years in a row, from 6.3% in 2017 to just 3.5% in 2020 , this margin stood at 8.5% in 2021. This level is a record for ten years. However, the context was particularly hectic for manufacturers, faced with unprecedented shortages of components. Global sales fell 14% in 2020, the year of the health crisis, to rebound by only 5% in 2021. However, last year, players were able to reap the benefits of their efforts on their fixed cost structure. .