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You Could Buy the Entire Fisker Company for Less Than the Founder's Home Costs

The Truth About Cars

When the New York Stock Exchange suspended trading, the company's valuation was just under $34 million, a pittance for any automaker, but Fisker’s L.A. He and his wife purchased the home in 2021 for $21.8 million, making the new listing price a significant increase. mansion is no joke.

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Study: People Want to Buy EVs but Costs Are Still Too High

The Truth About Cars

As it turns out, the demand is there, but costs are a significant hurdle for buyers. A recent study from KPMG found that most people are interested in buying an EV, but many cite affordability as a hurdle to ownership.& One of the things that EV antagonists often cite is a lack of buyer enthusiasm for electric vehicles.

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Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. Now, the CEO is stepping down from his role.

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Study: EV interest waning amid concerns over cost, charging

Baua Electric

For the first time since the study’s launch in 2021, analysts saw a decline in consideration of EVs by new-car shoppers. Of those car shoppers surveyed, 24% said they were “very likely” to consider purchasing an EV—down from 26% a year ago. A previous J.D.

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Boulder City NV purchased new Tesla police vehicles

Teslarati

Boulder City, Nevada, purchased a new fleet of Tesla vehicles for its police department. The city announced the new purchase on its Facebook page , saying that although it’s a leader in energy production, it is now cutting down on fossil fuel consumption. Credit: Boulder City Police. Credit: Boulder City Police.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

While the environmentally-conscious vehicles will save taxpayer dollars in the long run thanks to EV credits, gas savings, and low maintenance costs, some have voiced concerns over the cost of buying a Tesla. The Long Range All Wheel Drive variant of the all-electric crossover costs $49,990. Credit: Town of Ipswich.

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Tesla $7,500 credit up front, Toyota affordable EVs, Ram electric vans: Today’s Car News

Baua Electric

Tesla has started applying the EV tax credit at the time of purchase —via its own website and affecting the up-front amount buyers will need to pay when buying a new Tesla. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. This and more, here at Green Car Reports. This, that, and whatever.