Remove Affordable Remove Cheap Remove Price Remove Tesla
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. The Tesla Semi would likely qualify for these incentives. Don’t hesitate to contact us with news tips.

article thumbnail

Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

article thumbnail

Xiaomi CEO admits Tesla has unique advantage over EV competitors

Teslarati

Xiaomi CEO Lei Jun said that Tesla has the unique advantage of being able to raise the prices of its electric vehicles, a move that other companies cannot pull off because they are risking “huge losses.” Its top trim will be priced at $46,671, or 336,000 RMB. Tesla to increase Model Y price in the U.S.

Tesla 145
article thumbnail

Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Tesla seems to be the first company to collaborate with CATL through LRS.

Recharge 135
article thumbnail

Chevy Detailed a Longer Range and Lower Price for the Silverado EV RST

The Truth About Cars

Chevy’s new range estimates give the Silverado EV an edge over all its competitors, including the Ford F-150 Lightning, Rivian R1T, and Tesla Cybertruck. Though stout on specs, the new truck is far from cheap. It’s still a far cry from affordable, but it is more than the trucks' rivals’ starting prices.

Silverado 104
article thumbnail

Tesla reportedly trims production output at Giga Shanghai

Teslarati

Tesla is reportedly trimming production output at Gigafactory Shanghai, attempting to match manufacturing levels with demand in a strong market with plenty of worthy competitors. In early March, Tesla told employees at the plant that it would trim output by scaling back on work days, going from 6.5

article thumbnail

Tesla margins will tighten as price cuts wage EV war: Morgan Stanley

Teslarati

Tesla ( NASDAQ: TSLA ) investors should prepare for tightening margins as price cuts wage a war between electric vehicle makers, Morgan Stanley said in a note. “We believe EV price cuts are not a fad, but a trend,” analysts wrote in a note. Others have avoided the strategy altogether.

Price 77