Tesla among electric carmakers forced to cut prices as market stalls
by The Guardian
The Guardian— EV sales have plateaued across the world but the newfound glut of vehicles may just be temporaryElon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, Tesla, has struggled to maintain its momentum: sales have dropped this year, and so has its share price.Those struggles have become emblematic of a broader reckoning facing the electric vehicle (EV) industry. After the soaring demand and valuations of the...
Green Car Reports—Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse. Which automaker priced its hardware set allowing its EVs to back up the home? Which EV brand has the lowest ownership costs of any automotive brand? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending April 26, 2024. The Tesla Model Y undercuts the Model 3 by $5,000—for those who are EV tax
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