Tesla's Model Y is sold out in the U.S. for this quarter
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With a lot in news about Tesla's (NASDAQ:TSLA) Model Y, the model is now sold out in the U.S., and no more production is expected until April, according to Electrek.
Tesla (TSLA) has been witnessing a surge in orders due to price drops and a $7,500 federal tax credit. About 10 days ago, the Model Y was in news for a price rise to qualify under the newly revamped U.S. tax credit for EVs.
As per the company website, the delivery date for Tesla's (TSLA) fully electric, mid-sized Model Y SUV to U.S. customers is now April-June 2023. Telsa (TSLA) is also reducing price of Model 3, and investors are unsure whether they will still have access to the full tax credit for vehicles delivered after March.
California still remains the biggest market for electric vehicles in the U.S. Buyers there have access to an additional $2,000 incentive on top of the $7,500 federal tax credit. 
Though Tesla (TSLA) has lost about 30% over the past year, shares have almost doubled from 2023 lows. SA contributor Riyado Sofian assigns the stock a Buy rating and gives an optimistic outlook: 'Tesla: Master Plan 3 And The Road To $10 Trillion Market Cap'.