Tesla shares extended their rally on Wednesday, lifting the electric-vehicle maker’s market value above $1.5 trillion for the first time since December 2024. The surge followed the expiration of the $7,500 US EV tax credit and the domestic launch of the Model Y Performance, with prices starting at $57,490. In Norway, sales climbed 14.7%, with the Model Y and Model 3 ranking as the country’s two best-selling cars. Registrations in Sweden dropped 64% to 1,726 units in September while sales in the Netherlands fell 48% to 2,006 units. As of press time, Tesla shares are trading 2.2% higher at $454.