Remove Affordable Remove Auto Industry Remove Cars Remove Tesla
article thumbnail

Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America.

article thumbnail

Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Image: Tesla] Become a& TTAC insider.

article thumbnail

Tesla looking to produce next-gen EV codenamed “Redwood” in mid-2025: report

Teslarati

Tesla has undoubtedly become a mainstream carmaker, and the Model Y even became one of the world’s best-selling vehicles last year. Despite this, the company still does not have a car that can compete in the affordable segment, as both the Model 3 sedan and Model Y crossover are still premium vehicles.

Tesla 138
article thumbnail

Elon Musk sets expectations for next-gen Tesla Roadster production

Teslarati

The Tesla Roadster was originally teased a few years ago alongside the Tesla Semi. We expect to complete the engineering and design of the next-gen Tesla Roadster this year,” he replied. “We We expect to complete the engineering and design of the next-gen Tesla Roadster this year,” he replied. Tesla Roadster 2.0

article thumbnail

Tesla led the EV market closer to ICE price parity in 2023: Cox

Teslarati

Sticker prices on electric vehicles (EVs) continued to trend downward in 2023 toward price parity with gas cars, as led by price cuts from market leader Tesla. The data shows that the average sticker price of a Tesla dropped throughout the year to reach $50,051 in December.

Price 123
article thumbnail

Tesla Model Y returns to dominance in Germany

Teslarati

The Tesla Model Y was the best-selling electric vehicle in Germany in January. Tesla has found astounding success in the German market. Recently, the German KBA, the agency which monitors vehicle registrations, found that Tesla sales had grown by more than 900% compared to January 2021. In January, EVs represented 10.1

Germany 132