The great EV buying frenzy has officially begun. In the last 48 hours, Tesla has seen delivery times for some of its most popular models skyrocket from a few weeks to nearly six months, a clear signal that consumers are stampeding to buy an electric vehicle before a crucial federal tax credit disappears for good.

This is the short-term sales boom that experts have been predicting, a last-chance gold rush for buyers. But for the EV industry, it’s also a sugar rush that could lead to a brutal crash.

The Deadline That Sparked the Madness

The cause of the chaos is the impending expiration of the federal EV tax credits. The credits—a key part of the Biden-era Inflation Reduction Act (IRA)—provided a $7,500 incentive for a new EV and $4,000 for a used one, significantly lowering the barrier t

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