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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. As new vehicle transaction prices declined once again in September, according to Kelley Blue Book data, Tesla is the culprit, helping consumers find industry-leading vehicles for a reasonable price.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

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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Tesla Cybertruck resale market loses all momentum

Baua Electric

Tesla Cybertrucks were getting more than twice their value on the resale market just a few weeks ago, but the electric pickup truck has now lost all its momentum in terms of resale value. The automaker has taken actions to try to limit the Cybertruck resale market. Resellers are having issues turning them for a profit now.

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Used Tesla prices remain inflated despite price cut

Teslarati

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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Hyundai IONIQ 5 Disney100 Platinum Edition now available for sale

Teslarati

Hyundai IONIQ 5 Disney100 Platinum Edition is now available for sale at select dealerships starting at $59,400. In addition to its starting price, IONIQ 5 Disney100 Platinum Edition customers will be charged a delivery fee of $1,375. The special edition IONIQ 5 was created with visual creative input from Walt Disney’s Imagineers.

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Used Tesla vehicles crush industry average depreciation despite price cuts

Teslarati

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. One concern many Tesla owners have shared online following the series of price cuts implemented by Tesla is that their vehicles would, in turn, dramatically depreciate.

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The Chevrolet Silverado EV Will Apparently Not Have a $40K Base Price

The Truth About Cars

Our corporate colleagues at AutoGuide have scanned the Chevrolet Silverado EV first drives and noticed something -- the truck is almost certainly not going to have the previously promised price of $39,900 before destination fees. It looks like the first units for sale will be the $79,800 4WT trim -- these trucks are meant for fleet sales.