Teslarati

JANUARY 16, 2024

Tesla made up more than half of the total electric vehicle sales in the United States with only two of its models, according to new figures from Kelley Blue Book. Tesla’s Model Y and Model 3 accounted for over 51 percent of the total U.S. percent, and they are only two out of the five vehicles Tesla currently offers.

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CleanTechnica EVs

APRIL 13, 2024

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.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. New data shows sales are up while inventory is finally dwindling. billion last year.

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Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. With the price increase in place, the Model 3 LR now starts at a price of $46,990. Previously, the vehicle was priced at $45,990 before options.

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EV Central

APRIL 16, 2024

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association.

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Green Car Congress

SEPTEMBER 6, 2023

On a nationwide basis, EV adoption rates have continued to rise steadily, with EV sales now representing 8.6% Luxury EVs Still Wield Outsize Influence on Affordability. Industry-wide, Tesla currently accounts for 63% of all EV sales year to date. of the total new-vehicle retail market. Methodology. Each month, the J.D.

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Teslarati

OCTOBER 5, 2023

Tesla seems determined to push as many Model 3 sedan and Model Y crossover sales in the United States this fourth quarter. As per updates on Tesla’s official order pages for its two best-selling all-electric vehicles, the Model 3 and Model Y have received a fresh batch of price cuts.

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EV Central

APRIL 9, 2024

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. READ MORE: Tesla Model Y cheaper than ever! The Tesla employees told third-parties the decision was based on economic conditions.

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The Truth About Cars

MARCH 19, 2024

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

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CleanTechnica EVs

JUNE 24, 2023

Cleanerwatt was the first to notice that Tesla just got approval for a new rear-wheel-drive (RWD) Model Y using lithium-iron-phosphate (LFP) batteries that will likely be very affordable. Who is a less expensive RWD LFP Tesla Model Y targeting, and what does it mean to the entire US automotive market for the rest of 2023 […]

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Teslarati

MARCH 18, 2023

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

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Teslarati

JANUARY 4, 2024

The Tesla Model 3 and Model Y were the two most popular used EVs among buyers in 2023, making up nearly half of the total market for pre-owned electric cars. The Model 3 and Model Y have routinely been popular used EVs due to their strong resale price and value. percent of the sales. The Model 3 made up 34.9 percent and 7.7

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Teslarati

MARCH 6, 2024

Tesla’s ( NASDAQ: TSLA ) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. “EV demand continues to decelerate despite continued price cuts,” Jonas wrote. Could Tesla lose money (sometime) this year?”

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Baua Electric

MARCH 22, 2024

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. New Tesla Model 3 (Courtesy of Tesla, Inc.)

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Teslarati

MARCH 20, 2024

Xiaomi CEO Lei Jun said that Tesla has the unique advantage of being able to raise the prices of its electric vehicles, a move that other companies cannot pull off because they are risking “huge losses.” Its top trim will be priced at $46,671, or 336,000 RMB. Tesla to increase Model Y price in the U.S.

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Teslarati

APRIL 22, 2024

Credit: CarMax While the Tesla Model 3, Tesla Model Y, and Nissan LEAF maintained their place as the top three most popular used electric cars in CarMax, the second-hand vehicle retailer observed that the vehicles saw a shift in pricing compared to the previous year. Don’t hesitate to contact us with news tips.

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Baua Electric

JANUARY 20, 2024

How can you claim up to $7,500 off some new Tesla models at the time of purchase? Which automaker announced plans to embrace the Tesla charge connector and reignite an offbeat kind of internal combustion engine, all in the same week? Looking at the latest “Highland” Model 3, as priced last week, it undercuts the Tesla by $9,000.

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Teslarati

APRIL 4, 2024

Tesla’s overall first quarter vehicle deliveries may have met some notable headwinds, but the company’s performance in specific countries proved particularly impressive last month. This was quite true in Australia, where the Tesla Model Y took its spot as the country’s most popular battery electric vehicle for March 2024.

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Teslarati

APRIL 25, 2023

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. percent in 2021.

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Teslarati

APRIL 29, 2023

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.

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Teslarati

MARCH 7, 2023

The Tesla Model Y remains Germany’s favorite EV, according to data released by the KBA today. While the Tesla Model 3 was the vehicle that redefined the Tesla brand thanks to its affordability, the Tesla Model Y has quickly surpassed its popularity. of the total market.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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Teslarati

DECEMBER 12, 2022

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4%

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Baua Electric

FEBRUARY 2, 2024

Tesla has dropped the price of the two base Model Y trims in Canada, which now means buyers of the popular Model Y AWD could get up to $12,000 in rebate in Quebec. In an overnight update of its online vehicle configurator, Tesla has slashed the price of Model Y in Canada. It now starts at $63,990.

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Teslarati

APRIL 26, 2023

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.

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EV Central

APRIL 3, 2024

The electric car pricing war is well and truly underway! The GWM Ora is now clearly the cheapest and most affordable new electric car sold in Australia thanks to $35,990 drive-away pricing announced this morning for the Standard Range model. MG4 was the price leader before the GWM Ora undercut it by $4000.

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The Truth About Cars

MAY 2, 2024

While the impacts of Tesla recent Supercharger team layoffs remain to be seen , reports have surfaced that it’s giving up on another of its innovations. Tesla had pushed toward developing a new platform for smaller, more affordable vehicles and initially thought it would cast the body in one piece.

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The Truth About Cars

APRIL 15, 2024

Things are getting a little bumpy at Tesla. Now, rumors are swirling about Tesla’s employee base, with some telling Electrek that the automaker plans to cut as much as 10 percent of its workforce in what would amount to thousands of layoffs. The situation isn’t much better with Tesla’s existing vehicles.

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Teslarati

APRIL 3, 2024

Industry data has revealed that Tesla successfully overtook Mercedes-Benz to become South Korea’s second-largest vehicle importer in March 2024. From the 25,263 imported vehicles that were registered last month, Tesla accounted for 6,025 units, as noted in a report from The Korea Times.

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Green Car Congress

JULY 18, 2023

Ford is cutting the prices on its entire F150 Lightning electric pickup truck lineup, with reductions ranging from $9,979 for the Pro to $6,079 for the top-of-the-line Platinum Extended Range. Customers will now have greater availability of their built-to-order truck as early as October at an MSRP closer to initial Lightning pricing.

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Baua Electric

MARCH 25, 2024

The 90-year-old automaker announced its new “The Arc” business plan Monday as it looks to compete with Tesla and low-cost automakers from China. Through the initiative, Nissan aims to reach 1 million in annual sales with an operating profit margin of over 6% by the end of fiscal 2026. trillion yen ($16.5

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Teslarati

FEBRUARY 23, 2023

Tesla Investor Day is just over a week away, and the automaker’s potential developments have already influenced one firm to push its price target higher. Rosner said in a note to investors that he expects Tesla’s Master Plan Part 3 to help drive the automaker’s plans for a long-term growth strategy.

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Teslarati

APRIL 2, 2024

Tesla China’s estimated domestic vehicle sales ended the first quarter of 2024 on a strong note. As per industry watchers, Tesla China saw 17,300 new vehicle insurance registrations for the week of March 25-March 31 — the highest in 2024 so far. The post Tesla China ends Q1 2024 on a strong note with 17.3k

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Teslarati

MARCH 14, 2023

The Tesla Model Y was the best-selling premium SUV in China last month. Tesla remains one of China’s top-selling EV brands. The Tesla Model 3 also nabbed a top spot in February 2023 NEV sales. Tesla sold approximately 25,526 Model Y vehicles in February. The BYD Tang DM followed Tesla with 10,783 units sold.

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Teslarati

FEBRUARY 20, 2023

Used Tesla prices have fallen dramatically since Tesla’s price cut at the beginning of this year but remain elevated compared to other used offerings. Tesla is the clear leader in electric vehicles in the United States, controlling roughly two-thirds of the market in the country. Despite its price falling 5.2

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Teslarati

APRIL 28, 2023

Ford CEO Jim Farley recently commented that Elon Musk’s strategy of lowering electric vehicle prices to maintain sales volume over profit margins is actually quite reminiscent of Henry Ford’s approach with the Model T. Similar to Musk, Henry Ford reportedly slashed the prices of the Model T to boost sales in 1913.

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