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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.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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Tesla Model 2 abandoned? Multiple sources say $25,000 electric car dead, Elon says it’s all lies

EV Central

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. READ MORE: Tesla Model Y cheaper than ever! Top selling electric car slashed up to $8500; could it outsell the Ford Ranger? Tesla CEO Elon Musk.

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Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

Over the past several years, automotive manufacturers from all corners of the world have jumped head-first into electric vehicle production. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives. But it goes much further than that.

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Nissan says all new vehicles for European market will be electric

Teslarati

Amidst an industry-wide transition to electric vehicles (EVs), Japanese automaker Nissan is the latest to announce a total switch from internal combustion engine (ICE) automobiles, at least in one key market. The statements also come after Nissan boosted its EV targets earlier this year with plans to debut 19 electric models by 2030.

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

Green Car Congress

Luxury EVs Still Wield Outsize Influence on Affordability. While true parity between the EV and ICE vehicle markets will only be achieved when manufacturers produce more mainstream EVs, the recent news cycle has been dominated with updates on luxury SUVs and trucks like the new Escalade IQ from Cadillac and the Tesla Cybertruck.

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Tesla is no longer just a luxury brand, says major auto outlet

Teslarati

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. In a column shared on Friday, Automotive News Executive Editor Jamie Butters laid out an update to a 2022 piece that had initially called Tesla a luxury brand. average car price.