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Prices for Used EVs Are Cratering
Futurism via Yahoo Finance· 5 days agoPrices for used electric vehicles are falling off a cliff, dipping well below those of their gas-guzzling counterparts. As CNBC reports, a flood of cheap...
Tesla’s $20,000 EV Might Be a Stripped-Down Version of Its Best-Selling Car
Inverse· 6 days agoTesla’s CEO, Elon Musk, may have dropped a big hint about the company’s first affordable EV. During ...
Used electric vehicle prices are falling fast in Kentucky, suggesting little demand
WHAS TV11 Louisville· 4 days agoAccording to a new study, EV prices are dropping at a much higher rate than gasoline-powered...
It turns out Tesla is the only one really struggling to sell EVs
Quartz· 3 days agoDespite ever-dropping prices the market just hasn’t grown the way automakers would like, leading...
Gateway - Jalopnik
Jalopnik· 5 days agoHertz said last week that it would be buying 100,000 Teslas, which is about a tenth of Tesla’s current annual production capacity, meaning that it would not happen all at ...
EU electric car sales drop in May as German demand slumps, industry says By Reuters
Investing.com· 4 days agoGermany, the bloc's largest electric vehicle (EV) market, in December brought an early end to subsidies for buying EVs as part of a last-minute 2024 budget deal. It has now seen a year-to-date ...
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the...
Fortune via Yahoo Finance· 5 days agoBoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they...
Potential Tesla store in the works for Wesley Chapel
Tampa Bay Times· 5 days agoOver the years, Wesley Chapel has added upscale car dealership after upscale car dealership, from Lexus to Audi to BMW. Now, it may be close to adding &...
Gateway - Quartz
Quartz· 6 days agoNow, the cost of those sales drops is becoming clear, as Tesla has reportedly cut production of some models and dropped one of its most ambitious targets. The electric vehicle ...
EU electric car sales drop in May as German demand slumps, industry says
Reuters· 4 days agoIt has now seen a year-to-date 16% decline in EV sales, according to the European Automobile...