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Tesla reveals plan to address ending Model S & X sales in select markets

Teslarati

Tesla has revealed a new plan to help customers in select markets where the automaker will no longer sell the Model S or Model X. As initially reported by Sawyer Merrit on Twitter, Tesla will now be hosting seminars in select markets to answer questions from customers who have ordered but not received a Model S or a Model X.

Market 101
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Porsche Q1 sales soar, but Taycan production issues remain

Teslarati

Porsche has released its Q1 sales report, and it’s a mixed bag for Europe’s most valuable car maker. Despite Porsche’s limited EV offerings compared to its traditional rivals and its newest competitor, Tesla, the brand has been making headway, with sales climbing consistently quarter over quarter.

Porsche 118
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EV Resurgence: Is 2024 the Turning Point for Electric Cars?

The Truth About Cars

Photo credit: Suwin66 / Shutterstock.com The electric vehicle (EV) market is experiencing a significant growth in 2024 , with expectations for sales of passenger EVs to climb by 21 percent in 2024, reaching 16.7 This trend reflects a steady rise in the EV sector, despite various external factors and policy changes affecting the market.

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Tesla owners in China are being poached by Cadillac for test drives

Teslarati

Now, Cadillac sales representatives are reportedly approaching Tesla owners at Supercharger locations in China, hoping to with them over with the new Cadillac Lyriq. WTF look what’s happening Cadillac sales team are currently parked outside of Shanghai Jinqiao Supercharger. What do you think of the article?

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Out with the Old, In with the New

Clean Fleet Report

Out with the Old, In with the New The Ultimate Guide to Selling Your Car This article may contain affiliate links. Our guide includes tips on preparing your vehicle for sale so that you maximize profits while ensuring buyer satisfaction. If so, you might want to consider giving it a little bit of TLC before you put it up for sale.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

The revelation regarding used Tesla depreciation was unearthed by Recurrent’s Q2 2023 Used EV Report, which it publishes quarterly to track used EV market trends. Most prominently, Recurrent believes Tesla owners are holding onto their vehicles for longer than ever, which can be seen in the decreased number of used Teslas for sale.

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Hertz Global eyes worst day on record as EV rental business falters – ET Auto

Baua Electric

The company is slimming down the business due to weak demand, with plans to sell 10,000 more EVs, taking its total planned sales to 300,000 this year. The Estero , Florida-based company said it took a USD 588 million hit in vehicle depreciation costs during the quarter, of which USD 195 million was related to EVs held for sale.

Global 52