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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Used Tesla Model 3s and Model Ys aren’t depreciating nearly as fast as their luxury vehicle counterparts, despite five price cuts in the year’s first quarter. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

The average price paid for a new EV increased by $313 (up 0.5%) in March 2023 compared to February 2023. New EV pricing peaked in 2022, coming down steadily since Q3 of last year. However, EV sales from Mercedes, Rivian, Lucid and other brands have increased at the same time, offsetting lower-priced Tesla products.

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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. Say what you will about Tesla stock, but over the past year, the one thing it has been, is volatile. Porsche has seen similar success. MBG stock chart by TradingView.

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Porsche Taycan facelift with expected 1,000 hp and 3 motors already being tested

Teslarati

When the Porsche Taycan was released, the reigning all-electric sedan champion was the Tesla Model S Performance. The Tesla Model S Performance was succeeded by the Model S Plaid, a tri-motor all-electric sedan that features 1,000 horsepower and a 0-60 mph time of 1.99 A lot has happened since then.

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Mercedes-AMG teases first look at its sporty electric supercar poised to rival Porsche, Lucid

Baua Electric

Shown drifting across a frozen lake during testing, the sporty Mercedes-AMG EV will rival the new +1,000 hp Porsche Taycan Turbo GT and +1,200 hp Lucid Air Sapphire. Despite its heavy camouflage, you can also see the design is closer to that of the Porsche Taycan or Lucid Air for added performance.

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Refreshed Porsche Taycan, Kia hybrid minivan, cheaper Ford and GM EVs: The Week in Reverse

Baua Electric

Which EV brand rolled out lower-priced versions of its electric pickup and SUV? Which hotels are soon getting Tesla wallbox chargers? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending February 9, 2024.

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Tesla Model Y was Germany’s best-selling SUV in February 2024

Teslarati

The Tesla Model Y is continuing its quiet conquest of Europe’s SUV and battery electric vehicle sector. of the country’s auto sales. The Tesla Model Y performed even better in Germany’s battery electric vehicle segment. The country’s best-selling plug-in hybrid was the Porsche Cayenne, which sold 1,276 units.

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