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Maybe Tesla Didn't Cancel the Affordable EV After All, Or Did It?

The Truth About Cars

Following Tesla has always been a whiplash-inducing experience. The will they, won’t they themes continue in 2024, as the automaker recently reversed its reported decision to nix affordable EV plans, though the flip appears related to less-than-stellar first-quarter performance. billion, and revenue tumbled nine percent.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Green Car Reports

Toyota pushes back about the viability of affordable EVs. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. Tesla has started applying the EV tax credit at the time of purchase—via its own website and affecting the up-front. Ram introduces a lineup of electric vans.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Toyota pushes back about the viability of affordable EVs. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla.

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Tesla China promotes Model 3/Y’s affordability with new incentive program

Teslarati

Tesla China is starting the second quarter with new incentives for customers in the form of limited-time finance policies such as low downpayment offers and zero-interest loans. Customers who trade-in their vehicle for a Tesla Model 3 or Model Y could receive a zero-interest loan for up to five years.

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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

Farley noted that company executives are aware of buyers’ desire for more affordable EVs, noting Ford’s recent price cuts on the Mustang Mach-E, which gave the SUV a striking sales bump. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices. Image: Ford] Become a& TTAC insider.

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QOTD: Will An Affordable EV Help You Go Electric?

The Truth About Cars

Today we covered Tesla's back-and-forth on whether it will or won't build an affordable EV. If it helps, take Tesla out of the equation and think about a $25K EV sold by Ford or GM or Honda or whoever. Image: Tesla] Become a& TTAC insider. Does that ring true? Sound off below.

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Kia will beat Rivian and Tesla into affordable mass-market EVs

Electrek

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. One of them, the Kia EV3, is expected to launch by the end of the year.

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