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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . “Subscription price will go up once we release FSD.

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EIA: Crude oil demand returns faster than supply, increasing prices and reducing inventories

Green Car Congress

The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). US crude oil inventories were 440.3 million barrels by the end of June 2020.

Oil 417
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CapGemini: 87% of global consumers prefer personal vehicle to ensure safe travel, up from 57% in April 2020

Green Car Congress

This reflects a continuous shift in consumer preference towards personal mobility, fueled by the COVID-19 pandemic, as car ownership today is seen as a safeguard against the risk and spread of infection. Meanwhile, 78% of consumers will opt for using their personal vehicles over taking public transport.

Personal 265
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Elon Musk loses crown as Forbes’ Richest Person

Teslarati

Elon Musk has officially lost his position as the richest person in the world. billion today, forcing him to relinquish his spot as the wealthiest person in the world. Musk’s net worth has mostly dropped due to a significant slide in Tesla’s stock price, which has been demolished over the past year. billion today.

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Tesla’s Elon Musk expected to become the world’s richest person again

Teslarati

Tesla CEO Elon Musk appears to be well on his way toward recapturing the title of the world’s wealthiest person by net worth. As Tesla shares dropped in 2022, Elon Musk, who was then listed as the world’s wealthiest person by net worth, was overtaken by Arnault. The Teslarati team would appreciate hearing from you.

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Elon Musk net worth falls further behind world’s new richest person

Teslarati

Earlier this month, Elon Musk lost his title as the world’s wealthiest person by net worth. Further declines in Tesla’s share price at the start of the week led to more losses for Musk’s net worth. This also made Elon Musk the first person to be worth $300 billion or more. .

Personal 116
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Up close with the Rivian R2: Even better in-person [Gallery]

Baua Electric

The materials aren’t as nice as the R1T/R1S, but that’s to be expected given the price differences. I was so-so on the rims based on pictures and videos I’d seen online, but I actually thought they looked pretty sick in person. The size, to me, seems perfect. Two glove boxes, flashlight in the door, very nice. Bye, bye, Model Y.