article thumbnail

Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

Long-range all-electric trucks like the Tesla Semi will not come cheap. Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. I really expect Tesla to raise prices on the Semi, its too cheap at this point.

article thumbnail

Tesla cuts prices by $2,000 in US, Model Y back to its lowest price ever

Baua Electric

Tesla has dropped the price of the Model Y, Model S and Model X by $2,000 each in the US. Model 3 prices remain the same, as do prices of the newly-released Cybertruck. After that discount lapsed, it warned buyers ahead of time that prices would increase again by $1,000 at the end of the quarter. Cheapest US Model Y ever?

Price 52
article thumbnail

You Probably Shouldn’t Be Afraid To Buy A 2-Wheel Drive EV

CleanTechnica EVs

People are starting to see increasingly cheap EV crossovers, and the low prices are getting their attention. After the tax credit (assuming you owe enough taxes for […] .” I’ve seen this on social media and in a few in-person conversations.

article thumbnail

BMW is Willing to Pay to Attract Customers from Other EV Brands

The Truth About Cars

That said, BMW’s EVs are not cheap, so the incentives should be a welcome move for hopeful buyers. While not currently eligible for federal tax credits, BMW’s EVs can be leased to receive the $7,500 discount others get. Cars Direct noted that the iX also comes with a significant discount of up to $9,900 in lease cash.

BMW 104
article thumbnail

EVs reach 90% market share in Norway as the overall auto market falters – Charged EVs

Baua Electric

Battery EVs took a 90% share, as recent tax changes make PHEVs less appealing. The trade group OFV (Norwegian Road Federation) ascribes the ailing auto market to weakness in the broader economy—interest rates are up, and so are prices for food and electricity. In the month of February, plug-in vehicles took 92.1% year-on-year.

Norway 52
article thumbnail

Tesla Model 3s from Hertz are going for as low as $14,000

Baua Electric

Hertz is starting to sell some of its Tesla Model 3s and they are going for pretty cheap – as low as $14,000 with the used EV tax credit. In the US, there’s $4,000 tax credit for used EVs. It might be your best chance to get a cheap Tesla. More recently, the company added Model Y vehicles to the order.

article thumbnail

The Base Tesla Model 3 Is Now Even Cheaper

The Truth About Cars

Buyers lucky enough to get a new EV from the automaker were flipping their cars for way more than the asking price, and many people overpaid as a result. Tesla started cutting prices earlier this year, making all models more attainable, and now the company has slashed the price of an entry-level Model 3 to below $40,000.