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Report: Kia EV3 may be made in Mexico to hit $30,000 price

Green Car Reports

market, a move that could allow it to be eligible for a federal tax credit and hit a $30,000 price point, reports Korean Car Blog (via Electrek). The Kia EV3 electric SUV could be assembled in Mexico for the U.S.

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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Musk clarified that Tesla is now seeing a lot of competitive prices from its battery suppliers due to excess capacity. “There are a bunch of markets we are not selling new cars and we are looking into accelerating that,” Musk said. Delaney asked a follow-up about Tesla’s pricing.

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LIVE BLOG: Tesla (TSLA) Q4 and full year 2023 earnings call

Teslarati

Similar to past quarters, Tesla remained profitable in Q4 despite factors like reductions in the company’s average selling price and the cost of the Cybertruck ramp. For one, the company emphasized that the Model Y became the world’s best-selling car with 1.2 Still, Tesla posted revenues of $25.17 billion and an 8.2% We shall see.

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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . “Subscription price will go up once we release FSD.

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LIVE BLOG: Tesla (TSLA) Q1 2023 earnings call

Teslarati

Once again, thanks for staying with us for yet another live blog! He also noted that Tesla uses the feedback loop to improve car design so it needs less service. Elon Musk also noted that Tesla is in a unique position because Tesla can technically sell its cars for 0% profit now and yield it in other ways in the future (i.e.

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Car Insurance Rate Increases Offset the Gradual Price Drops

The Truth About Cars

New car prices are slowly returning to reality, but the universe isn’t done torturing buyers. A new report from Reuters found that insurance rates are climbing just as the financial pain of buying a new car is easing. It just so happens that many of those places are highly populated, driving up the averages for everyone.

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Report: $60/kwh battery pack price will make EVs cheaper than combustion

Green Car Reports

Industry analysts have held up $100 per kilowatt-hour battery costs as the point where electric cars will achieve cost parity with internal combustion, but now the target has shifted to an even more ambitious $60 per kwh, according to a blog post by The Mobilist.

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