The Latest Breaking News on Ford U.S. EV Sales Decreased 11% In January 2024

Tesla’s (TSLA) aggressive price reduction strategy to insulate itself from broader macroeconomic uncertainties and escalating competition within the Electric Vehicle (EV) market has, unfortunately, affected its profitability. However, the automobile industry demonstrates resilience amid growing consumer demand for vehicles and an amplified transition toward EVs. Therefore, investment in better-positioned automotive…

Stellantis is now more profitable than Tesla and GM, but Carlos Tavares said the carmaker would not cut prices on his cars, squeezing production costs instead.

Tesla is taking full advantage of the battery tax credits instituted by the IRA, cashing in subsidies between $900 and $1,400 for every EV sold in the US.

Tesla's market share in California exceeds Toyota's in Q2 2023, signaling strong EV uptake in the state.

The Tesla Model Y has taken the world by storm, and it's especially popular in Europe. In fact, it's the only Tesla model produced there.

Tesla models hold their value better than other EVs over three years, while the Ford F-150 Lightning appreciated in value.

Buyers' concerns about switching to EVs are easing, but potential challenges to widespread consumer adoption remain, Autolist.com's 2023 EV Survey shows.

Tesla is reportedly interested in building an assembly plant in India that would produce low-cost electric vehicles for the local market and for export.

After the first five months of the year, we can see that not all brands are enjoying the growth of all-electric car sales in the United States.

Tesla now offers an 84 month (7 year) financing option on all models. This is mated to an estimated 6.39% APR.

Tesla revealed that its potential annual manufacturing output slightly increased, and as of the end of Q2, stands at more than 2,025,000 units.