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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

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. The trend is consistent with steady growth in availability and affordability.

Price 404
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. As a result, investment decisions are becoming increasingly complex.

Price 416
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Tesla Optimus price to be less than $25k-$30k over time: Elon Musk

Teslarati

As per Musk in a recent post on X, he still thinks that the Tesla Optimus price would be around half of a car. Considering that Tesla’s most popular car today, the Model Y, starts at $43,990 in the United States, the CEO seems to be hinting at a price of less than $25,000-$30,000 for Optimus.

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Tesla Model Y price cuts have brought costs below U.S. average

Teslarati

Tesla’s most recent round of price cuts to the Model Y have brought the vehicle’s introductory trim level to a starting price below that of the average new car or truck in the United States. Data from March 2023 put the average transaction price for a new car or truck in the U.S. And they have.

Price 95
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Tesla rolls out slight Model S, Model X, and Model Y price increase in the US

Teslarati

Tesla has rolled out a minor price increase for the Model S sedan, Model X SUV, and the Model Y crossover in the United States. The changes to the vehicles’ prices were reported by EV observers on social media. The new prices represent a $1,000 increase in the cost of the two flagship electric cars in the US.

Price 117
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Report: Tesla Ditched Next-Generation Gigacasting Plans

The Truth About Cars

Tesla had pushed toward developing a new platform for smaller, more affordable vehicles and initially thought it would cast the body in one piece. It could also point to tightening profit margins and softening demand for EVs, especially in the United States.

Tesla 105
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Tesla’s vehicle prices could be lowered if inflation calms down: Elon Musk

Teslarati

Tesla has implemented a number of price increases this year, to the point where the company’s entry-level vehicles like the Model 3 and Model Y are already closing in on the prices of flagship cars like the Model S from a few years ago. “If inflation calms down, we can lower prices for cars,” Musk wrote. . .”

Price 104