Tesla, Inc. (NASDAQ:TSLA) and other automakers are grappling with what could be a sharp disruption to the EV market after federal subsidies that had helped sustain demand have expired. 

Executives warn that the removal of these incentives could trigger a sudden decline in sales, posing a significant challenge for companies that have invested billions in electrification.

TSLA stock is soaring. See the real-time price action here. 

EV Market Collapse? 

Christian Meunier, chairman of Nissan Americas, was blunt in his assessment of the market as consumers lose access to the federal credit that had made electric models more affordable. 

"The EV market is going to collapse in October," ...