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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run. —Lauren Bringle, Accredited Financial Counselor at Self Financial.

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Oregon’s EV incentive program that brought Tesla prices below $30k is running out of money

Teslarati

Oregon’s electric vehicle incentive program that was widely publicized for bringing the price of a Tesla Model 3 well below $30,000 is being suspended for a year starting in May because it is running out of money. According to Fox Business , Oregon expects 1.5 million people to be driving EVs in the state by 2035.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Power EV Index.

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Tesla Tequila limited edition bottle, glass set sold out lightning fast

Teslarati

Like most Elon Musk products, the Tesla Tequila limited edition set sold out lightning fast. The limited-edition Tesla Tequila set was spotted in the company’s official online shop shortly after the TSLA Q1 2020 earnings call. The Tesla Tequila bottle contains 750mL of tequila with 40% ABV. First, there’s the price.

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Tesla Insurance expanding to Maryland next

Teslarati

The Maryland Insurance Administration told Teslarati that the Balboa Insurance Company changed its name to Tesla Insurance earlier this year, hinting at the service’s arrival in Maryland. As of this writing, Tesla Insurance is available in Arizona, California, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia.

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How Tesla stock and a PPP loan landed a man four years in jail

Teslarati

million Paycheck Protection Program (PPP) loan from the United States government, Tesla stock was one of his biggest purchases. Others have used them to buy new cars, like a Maryland man who had a Tesla Model 3 and $2.2 Attorney’s Office in Eugene, Oregon, said in a statement. An additional $5.8 on Friday night.

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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Power, EV adoption in the US is growing increasingly divided, with the most active states for EV adoption already on the path to parity with internal combustion engine (ICE) vehicles and consumers steadily pulling back on EV purchases in the least-active states. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date.