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In related news, Tesla's Model 3 sales saw a notable increase, with a 20% growth in the first quarter of 2025 compared to the previous year. This surge aligns with Elon Musk’s earlier projections of 20-30% sales growth for the year. The continued success of the Model 3, particularly in markets like California, suggests that consumer demand remains strong, likely bolstered by the recent favorable economic indicators and increasing interest in electric vehicles.