Remove Affordable Remove Porsche Remove Price Remove Tesla
article thumbnail

Tesla [TSLA] Still Worth More Than Toyota, Porsche, Mercedes, & Hyundai Combined

CleanTechnica EVs

Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales (instead of 50% growth year over year), rumors of the more affordable Tesla being canceled, and a slow Cybertruck (and Semi) ramp-up. Tesla Full Self Driving (Supervised) has improved greatly with version.

Porsche 116
article thumbnail

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.

article thumbnail

Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

Used Tesla Model 3s and Model Ys aren’t depreciating nearly as fast as their luxury vehicle counterparts, despite five price cuts in the year’s first quarter. Moreover, Recurrent Auto , the company that published the report, has more good news for current and will-be Tesla owners.

Price 109
article thumbnail

Tesla inventory volumes in Europe indicate potential upcoming price cut

Teslarati

4 The volume of Tesla inventory vehicles in Europe has spiked to its highest point this year, indicating the potential for another price cut. Despite this success, Tesla saw a slight but noticeable decline in sales in the European market during the year’s first quarter. That resulted in an increase in inventory.

Europe 95
article thumbnail

Volvo EX60 set to arrive as new Tesla Model Y, Porsche Macan luxury electric SUV rival

Baua Electric

The new EX60 will rival premium models from Tesla, Porsche, BMW, and Mercedes-Benz. After launching its most affordable EV, the EX30, last year, Volvo’s compact electric SUV is already making a significant impact on the company. Volvo is joining the luxury electric SUV market with its new EX60 launching next year.

Volvo 52
article thumbnail

Tesla Model 3 leads used EV price collapse

Teslarati

New data reveals that the Tesla Model 3 is leading the current fall in used vehicle prices, particularly in the used EV segment. At one point, vehicle prices were still spiking, largely thanks to the constrained production of new vehicles. Overall, iSeeCars found that used vehicles had contracted in price by 4.7%

Price 87
article thumbnail

Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”