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It wasn’t long ago that Tesla CEO Elon Musk was advocating for ending the $7,500 tax credit for buyers of electric vehicles. “Take away the subsidies. It will only help Tesla,” he said in a post on his social media platform X last year,
Is it cheaper to tow a trailer with a Tesla Cybertruck or a Ford F-250 Super Duty Diesel? Here is Joseph's towing experience with his Cybertruck and why he thinks it would have been cheaper with his Ford F-350 Diesel that was in the shop.
It is becoming easier to find fast chargers for electric vehicles, and they are more likely to work — and not just for Teslas.
That’s a big deal for GM, which has struggled (as have other automakers) with the bumpy rollout of NACS adapters to its EV customers. As the first native NACS vehicle, the Optiq-V signals the start of a more seamless, less dongle-dependent charging future for GM’s EVs.
EV prices dipped in May as incentives surged and Tesla’s price cuts led the way, especially for the Model Y, the best-selling EV in the US.
ISeeCars.com – trackers of used-car sales — says the average price paid for a used Tesla was down 8% to $30,708. The next most significant price drops were Chrysler, off 7% to $25,632, Dodge, off 6% to $33,763, Genesis, off 5% to $33,769, and Maserati, off 5% to $43,821.
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While eliminating the electric vehicle tax credit would likely lead to a drop in EV sales and production, Tesla sales would probably remain largely unaffected, one expert says.
Although Tesla is increasingly viewed as an AI company, roughly three-fourths of its revenue and gross profit come from selling cars.
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Money Talks News on MSNTesla's EV Monopoly Ends: These Electric Alternatives Offer Better Value and Lower CostsTesla's dominance is ending as automakers offer compelling electric alternatives across every price point. From $30,000 family crossovers to luxury sedans, smart money is finding better value elsewhere.