Remove Affordable Remove Future Remove Industrial Remove Tesla
article thumbnail

Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Image: Tesla] Become a& TTAC insider.

article thumbnail

Tesla discounts Model 3, tempting buyers with its most affordable offering yet

Teslarati

Tesla is now discounting new inventory models of the Model 3 in the United States, helping the company to attract a growing number of buyers. Tesla’s continuing dedication to making its vehicles more affordable has shaken the EV market and the automotive industry to its core. No discounts for Model Y, S or X.

article thumbnail

Why Tesla competitors will need more than affordability to take EV pioneer’s crown

Teslarati

In an attempt to catch Tesla, who has been recognized as the industry leader, car companies have tried all strategies, including undercutting pricing, but they’ll need much more than that to catch up. Tesla’s most affordable vehicle is the Rear-Wheel Drive Model 3, which starts at $42,990 before incentives.

article thumbnail

GM CEO teases reborn Chevy Bolt — an Ultium-based, affordable contender to Tesla’s next-gen car

Teslarati

It would be a pretty interesting twist of fate, but Tesla’s next-generation vehicle might find itself competing in the market with a vehicle that was once considered a rival to the Model 3. So I can’t say more because I don’t discuss future product programs. It’s also expected to start at less than $30,000.

article thumbnail

Are Auto Companies Ready for the Future?

Clean Fleet Report

Many Changes Are Coming Quickly The world is increasingly unpredictable, and the automotive industry is feeling it. In addition to the CASE (Connected-Autonomous-Shared-Electrified)-driven transformation of the industry, a combination of additional internal and external factors is piling on complexity. In the U.S.,

Future 84
article thumbnail

Tesla China ends Q1 2024 on a strong note with 17.3k insurance registrations

Teslarati

Tesla China’s estimated domestic vehicle sales ended the first quarter of 2024 on a strong note. As per industry watchers, Tesla China saw 17,300 new vehicle insurance registrations for the week of March 25-March 31 — the highest in 2024 so far. The post Tesla China ends Q1 2024 on a strong note with 17.3k

China 139
article thumbnail

Tesla Model 3 easily earns Q1 2021’s best-selling EV title

Teslarati

The first quarter of 2021 proved something most of the electric vehicle community probably expected: the Tesla Model 3 was the best-selling EV through the first three months of the year. While Tesla continued routine and accelerated production of the Model 3 and Model Y, the Model S and Model X took a backseat during Q1 2021.

Tesla 145