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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

Rivian has cut prices on two of its entry-level vehicle configurations ahead of the automaker’s launch of its next-generation vehicle next month. After Rivian added two new range options for the R1T and R1S last week, the electric truck and SUV maker has also cut prices on some of its lineup.

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Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter

Baua Electric

The statement is particularly bizarre when you consider the fact that he himself recently sold tens of billions of dollars worth of Tesla stock to buy a grossly overpriced Twitter. The CEO framed the idea as pressure from the media and politicians about the rich not paying taxes on unrealized gains. You are welcome.

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Tesla’s market disruption may lead to healthy slice of global auto market: Mizuho

Teslarati

Tesla has captured a considerable portion of the battery electric vehicle (BEV) market over the past four years, mostly due to its introduction of mass-market EVs that are affordable and land around the price point of an average new car in 2021, according to Kelley Blue Book. price target and a “Buy” rating for the stock.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1

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Pre-owned two-wheeler market: Waiting to take off | Autocar Professional

Baua Electric

Since the pandemic, automakers have increased the price of new two-wheelers by 30-40% over the past few years to offset the impact of raw material costs. So, once financing comes in, things like vehicle condition, the right pricing, and proper transfer of vehicles are ensured,” he said. Today, almost 30-40% are getting financed.

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Tesla Cybertruck resale market loses all momentum

Baua Electric

We thought that these actions would limit the availability of Cybertrucks for sale and boost pricing. Sure enough, we noted that an early Cybertruck sold for $244,000 last month, but prices are now dropping like a rock. At those prices, it is becoming harder after taxes and middlemen, which are often required at those prices.

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Why Your Auto Dealership Needs EV Charging Stations

EV Connect

With strong policy support and aggressive climate initiatives , prioritizing plug-in hybrids and fully electric vehicles makes more sense for auto dealers than ever. Despite the need, though, many auto dealers are hesitant to take on the significant cost of adding EV charging stations to their dealerships.

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