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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Ford hasn’t had the best luck with profitability on its electric vehicle business, but the automaker is not shying away from aiming at the cheaper end of the EV spectrum. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices.

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Tesla’s Elon Musk gives subtle nod to more affordable FSD monthly subscriptions

Teslarati

Tesla CEO Elon Musk appears to have given a subtle nod to the idea of more affordable Full Self-Driving (FSD) monthly subscriptions. Musk has not removed his like on the Tesla owners’s FSD subscription post as of writing. The service was only available for vehicles that were equipped with Tesla’s Hardware 3.0

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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 & other companies form EMA to promote electric mobility in Mexico

Teslarati

Tesla and a few other companies recently announced the launch of the Electro Mobility Association (EMA) to promote the production and purchase of electric vehicles in Mexico. Along with representatives from Tesla, Chinese automaker BYD, Europe’s Volvo, JAC, SEV, and Vemo formed the EMA.

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Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

Tesla just made leasing a Model 3 or Model Y more affordable than ever, offering rates as low as $329 a month for an all-electric vehicle. Tesla decreased lease payments by as much as $100 per month on some configurations. Tesla saw a 5.5 Tesla is still expecting to deliver 1.8

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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. link] — @Tacuru007 (@tacuru007) July 28, 2022.

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Reports of an electric vehicle sales slowdown may be exaggerated

Teslarati

A look at reports in the past months would show that a narrative around electric vehicle sales has formed. Considering the trends in the sales of vehicles like the Ford F-150 Lightning and startups like Lucid Motors, skeptics have claimed that electric cars are seeing a demand problem. In 2020, this figure was at 1%.