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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

” 17:00 CDT – A question is asked about Tesla’s affordable car. Musk noted that Optimus is able to perform simple tasks, and Tesla will attempt to do an initial production for Optimus for internal use this year. He notes that the launch of Tesla’s new models is being expedited, which includes a more affordable car.

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Ford Slashed the Mach-E's Price Tag and Saw an Immediate Uptick in Sales

The Truth About Cars

Ford knocked several thousand dollars off the Mach-E’s price earlier this year and has offered aggressive financing deals with interest rates as low as zero percent. Ford aims to address the problem with its internal skunkworks team’s project to develop a more affordable EV, but there’s no word on when the effort will deliver a new vehicle.

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Rising UK sales reflects growing consumer confidence in EVs

My Energi

YOY in June alone, it’s clear that EV demand is quickly overtaking preference for internal combustion engines (ICE). While you may expect this investment to hit your finances hard, in reality EVs are far more affordable than you’d think. But why is this relevant? It’s fair to say that they’re pretty much on par.

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The Growing List of EVmatch Partners

EV Match

NeoCharge offers affordable Level 2 (220/240V) dual-port splitters to make home EV charger installations more affordable. EV Life is making it easy for drivers to finance an electric car that saves them money and the planet. Association for Energy Affordability. The Association for Energy Affordability, Inc.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

And that’s not all, while the purchase price of EVs has continued to tumble, comparable finance rates are still far higher than their internal combustion engine (ICE) counterparts. With government incentives also beginning to wane, affordability remains a major concern for many motorists. What about the elephant in the room?

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Renault shows the future of bidirectional charging

My Energi

Renault recently unveiled a glimpse into the future at this year’s Geneva International Motor Show. It’s especially great to see this innovative technology being offered to consumers in an affordable vehicle, rather than something at the luxury end of the market. But why is this important, you may ask.

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Why communication is key to accelerating electrification

My Energi

While you may expect this investment to hit your finances hard, in reality EVs are far more affordable than the anti-electrification crowd would have you believe. After all, according to the latest stats from the Finance & Leasing Association (FLA), more than 90% of all new cars are now bought on finance.

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