The Truth About Cars

APRIL 5, 2024

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.

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The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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Teslarati

MARCH 27, 2024

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Green Car Congress

FEBRUARY 14, 2023

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Green Car Congress

SEPTEMBER 6, 2023

of the total new-vehicle retail market. Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Luxury EVs Still Wield Outsize Influence on Affordability.

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Electrek

MAY 3, 2023

In an increasingly competitive electric car market, EV startup NIO believes it’s well-positioned to hit its goal of becoming profitable this year. NIO is set to launch two new brands, one of which will be aimed at VW in Europe with a starting price below 30,000 euros (about $33,165), but the EV startup has other plans to take on Tesla.

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Teslarati

JANUARY 11, 2024

Tesla China has implemented a round of price cuts for the Giga Shanghai-made Model 3 sedan and Model Y crossover. As can be seen in the two vehicles’ official order pages, both versions of the upgraded Model 3 and two variants of the Model Y were affected by the recent price adjustments.

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Baua Electric

APRIL 15, 2024

As Tesla’s North American Charging Standard gradually becomes a true standard, drivers of Teslas and other EVs have more and more options for charging their NACS-capable EVs. The latest alternative to a Tesla-branded charger comes from EV charger manufacturer Emporia.

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Teslarati

MAY 20, 2023

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.

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The Truth About Cars

FEBRUARY 14, 2024

Tesla made news on several occasions last year for cutting prices on the Model 3 sedan, but the automaker appears to have reversed course with the introduction of the car’s 2024 refresh. The Model 3 is now the same cost as the Model Y, moving it away from the impressive price point it had for much of last year.

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Teslarati

MARCH 6, 2024

Tesla’s ( NASDAQ: TSLA ) price target was cut by Morgan Stanley, a firm that has had a bullish outlook on the automaker’s stock for several years. “EV demand continues to decelerate despite continued price cuts,” Jonas wrote. Could Tesla lose money (sometime) this year?”

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Teslarati

FEBRUARY 5, 2024

Just weeks after its initial release in North America, the upgraded Tesla Model 3 Long Range Dual Motor All wheel Drive (AWD) has seen a minor price increase. With the price increase in place, the Model 3 LR now starts at a price of $46,990. Previously, the vehicle was priced at $45,990 before options.

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Teslarati

JULY 29, 2022

Long-range all-electric trucks like the Tesla Semi will not come cheap. Battery costs are declining quickly, but even Tesla still lists its 300-mile Semi variant with an estimated starting price of $150,000. The Tesla Semi would likely qualify for these incentives. link] — @Tacuru007 (@tacuru007) July 28, 2022.

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Green Car Reports

MARCH 16, 2022

Tesla has once again increased prices across its lineup, pulling the automaker even further away from mass-market affordability. The Tesla Model 3 was launched with the promise of a $35,000 base price, but now the base Model 3 Rear-Wheel Drive starts at $46,690.

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EV Central

APRIL 16, 2024

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. Bargain price, 1000km road trip and charging dramas READ MORE: Shock report! per cent) Tesla Model Y – 596 (7.9 per cent) Tesla Model S – 344 (4.6

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Tesla’s Model 3 was the next closest to hitting the mark.

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Teslarati

FEBRUARY 28, 2023

The Audi Chief of Europe has stated the brand will not follow Tesla in introducing a price cut on its electric vehicles. Audi, much like many other premium German brands, has faced dramatically increased competition following the entrance of Tesla into its luxury-high-performance market.

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Teslarati

MARCH 16, 2024

One major automotive outlet says Tesla is no longer just a luxury brand, in part due to its unique pricing strategy over the past few years. In a column shared on Friday, Automotive News Executive Editor Jamie Butters laid out an update to a 2022 piece that had initially called Tesla a luxury brand. average car price.

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4

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Baua Electric

JUNE 24, 2024

The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. According to Goldman Sachs (via Wall Street Journal ), Hyundai sold over 800,000 vehicles, accounting for over 10% of the US market. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27

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Teslarati

APRIL 25, 2023

Tesla’s most recent round of price cuts to the Model Y have brought the vehicle’s introductory trim level to a starting price below that of the average new car or truck in the United States. Data from March 2023 put the average transaction price for a new car or truck in the U.S. percent in 2021.

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Teslarati

JUNE 8, 2023

Recent activities from Tesla suggest that the electric car maker is putting quite a bit of effort into marketing its vehicles to as many people as possible. The prices emphasized on the Model 3 and Model Y’s pages also list the cost of the vehicles after the IRA’s tax credit has been applied. ” Tesla stated.

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Teslarati

NOVEMBER 30, 2023

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. It debuted at the Shanghai Auto Show in April 2023 with a price tag of $11,300 in China. According to CnEVPost , the BYD Seagull currently has three variants on the market. The base Seagull variant starts at RMB 73,800 ($10,360).

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Baua Electric

JUNE 26, 2024

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. Kia opened EV3 orders in its home market, starting at $30,700 (KRW 42.08

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Teslarati

DECEMBER 12, 2022

According to sales data released by Kelly Blue Book today, EV prices were pushed ever-higher in November, likely influenced by supply and demand factors. According to data released by Kelly Blue Book , EV prices were up by 2% compared to October and up 9% from November 2021. compared to October and 4.4% compared to October and 4.4%

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Teslarati

MARCH 18, 2023

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.

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The Truth About Cars

MARCH 19, 2024

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. The first model is due in late 2026 with a starting price of around $25,000, though it’s unclear if Ford’s extensive losses on its EV business will have an impact. All automakers in the U.S.

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Baua Electric

JUNE 7, 2024

Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.

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Baua Electric

JUNE 17, 2024

Last week’s Tesla shareholder buzz brought some product and battery news. And at the same time that EV rejectors keep citing cost as the primary reason why they don’t work, the cost of new EVs keeps settling and used EV prices have plunged. We already knew that new EV transaction prices have been settling downward.

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Baua Electric

JANUARY 31, 2024

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. Kia surpasses Hyundai in market value Hyundai, which saved Kia from bankruptcy in 1998, owns around a third of the South Korean automaker. The new EV3, EV4, and EV5 will be priced between $20,000 and $50,000.

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Baua Electric

MARCH 22, 2024

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. The platform would be used for the country and other overseas markets.

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Even with the price cuts, the Mach-E’s turn rate reached 33%. billion last year.

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CleanTechnica EVs

APRIL 13, 2024

Tesla’s stock price and market cap are down considerably this year, on the back of slightly drooping sales (instead of 50% growth year over year), rumors of the more affordable Tesla being canceled, and a slow Cybertruck (and Semi) ramp-up.

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Teslarati

APRIL 29, 2023

4 The volume of Tesla inventory vehicles in Europe has spiked to its highest point this year, indicating the potential for another price cut. Despite this success, Tesla saw a slight but noticeable decline in sales in the European market during the year’s first quarter. That resulted in an increase in inventory.

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Teslarati

MARCH 20, 2024

Xiaomi CEO Lei Jun said that Tesla has the unique advantage of being able to raise the prices of its electric vehicles, a move that other companies cannot pull off because they are risking “huge losses.” Its top trim will be priced at $46,671, or 336,000 RMB. Tesla to increase Model Y price in the U.S.

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CleanTechnica EVs

JUNE 24, 2023

Cleanerwatt was the first to notice that Tesla just got approval for a new rear-wheel-drive (RWD) Model Y using lithium-iron-phosphate (LFP) batteries that will likely be very affordable. Who is a less expensive RWD LFP Tesla Model Y targeting, and what does it mean to the entire US automotive market for the rest of 2023 […]

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Teslarati

JUNE 20, 2024

Tesla bull Adam Jonas of Morgan Stanley is making bold claims about CEO Elon Musk’s recently-announced Master Plan Part 4, stating this could be a narrative that completely revolutionizes the automaker as both a business and what its main focus could be.

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