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

Baua Electric

Toyota pushes back about the viability of affordable EVs. And Tesla buyers can now get the $7,500 EV tax credit up front—if they qualify. 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.

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Tesla investors want Elon Musk to discuss these things at Q3 Earnings

Teslarati

Here are the five things investors want to know about it: Tesla $25k affordable model Tesla has yet to shed any light on whether it will build a $25,000 EV apart from the Cybercab, which Musk said would be priced below $30,000. Tesla will report its earnings tomorrow at market close, 4 p.m. on the East Coast.

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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. Tesla’s price cuts have been looked at in a good and bad light by investors and analysts. The post Tesla price cuts push EV market toward affordability with broader influence appeared first on TESLARATI.

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Kia’s EV sales surged to a new record in the US with affordable, long-range models

Baua Electric

Kia’s EV sales hit new record in first half of 2024 Kia is on a roll in the US with affordable, long-range models like the three-row EV9 and EV6, reaching buyers. With the $7,500 federal tax credit, prices fall to as low as $48,995. Kia’s EV6 is one of the most affordable and fuel-efficient EVs in the US.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Two automakers this past week, both known for affordable gasoline cars, dashed hopes of seeing more affordable EVs anytime soon. Toyota also dismisses the viability of an affordable EV —in this case, specific to the European market. 2023 Tesla Model Y – Courtesy of Tesla, Inc.

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Kia overtakes Hyundai in US electric vehicle sales in Q2 as its new EV9 sparks growth

Baua Electric

With the $7,500 federal tax credit, prices could fall to as low as $48,995. The long-range model (with up to 304 miles range) could be bought for under $55,000 (including the EV tax credit). With new incentives , including $7,500 in Customer Cash, the 2024 EV6 can be leased for as little as $249 per month.

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Tesla launches Quicksilver paint option for US Model Y inventory units

Teslarati

The most affordable Quicksilver Model Y is a Long Range Dual Motor AWD with black interior that’s priced at $49,990 or $42,490 after the federal tax credit. Tesla’s Inventory page as of writing shows nine Quicksilver Model Y units that are available for purchase. Don’t hesitate to contact us with news tips.

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