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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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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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BYD executive dubs Tesla a “very respected industry peer” amid EV transition

Teslarati

This was despite BYD overtaking Tesla as the world’s largest electric car company in late 2023. Most of the company’s vehicles are designed for the affordable, mass-market segment, though BYD also has vehicles such as the Han premium sedan that directly compete with popular electric cars like the Tesla Model 3.

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Jeep, Ram owner is launching affordable EVs next year

Electrek

Stellantis, the parent company behind Jeep , Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. auto industry appeared first on TESLARATI.

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Tesla discounts Model 3, tempting buyers with its most affordable offering yet

Teslarati

Tesla is now discounting new inventory models of the Model 3 in the United States, helping the company to attract a growing number of buyers. Tesla’s continuing dedication to making its vehicles more affordable has shaken the EV market and the automotive industry to its core. No discounts for Model Y, S or X.