EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

Electric vehicles are seeing huge discounts right now, but those new lower prices are still not enough to get folks to, y’know, buy them. Now, an ever-more-bloated EV inventory is pushing automakers and dealers to slash prices even further. Five-figure price discounts are no longer out of the question. Even EVs Can’t Get A Break … Read more

European Investors Want A Unionized Tesla

Happy Thursday! It’s April 11, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: European Tesla Investors Are Fed Up With Elon Musk’s … Read more

Tesla Expects An Awful Sales Report For First Quarter Of 2024

Good morning! It’s Friday, March 29, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla And The Terrible, Horrible, No Good, Very … Read more

Lincoln Dealers Still Have Over 33,000 Unsold 2022, 2023 Models On Their Lots

2023 Lincoln Corsair ReserveImage: Lincoln Lincoln dealers have a big problem. Aside from having just four models to sell, dealers have a bunch of cars from one and two model years ago that they haven’t been able to move. As Automotive News reports, this means Lincoln dealers have some of the highest inventory levels in … Read more

The EV Price Premium Is Evaporating Thanks To Slower Sales

There are currently 57 electric vehicle models on sale in the U.S., and while Tesla is still the most popular, new players in the electric car market are driving competition and prices keep dropping. EV sales are still growing, though that rate of growth has slowed dramatically over the last year or so. The enthusiastic … Read more

Lucid Cuts Air Prices Again Because Demand Is Still Lower Than Expected

Lucid is dropping the price on its flagship and sole vehicle (for now), the Air sedan, because demand just isn’t where the nascent automaker needs it to be. Three trims of the Air — the Pure, Touring and Grand Touring — will all see varying degrees of price cuts. Tesla’s Cybertruck Has Finally Arrived The base model … Read more

No One Knows How Much Used EVs Should Cost

Much like my heart rate during last night’s Super Bowl, used electric vehicle prices are all over the place, and it doesn’t look like that will change anytime soon. Analysts tell Automotive News that used EV prices will continue to fluctuate, and it’s up to automakers to launch affordable EVs before the current ones hit … Read more

Car Buying Is Hard When You’re Paying Student Loans

Happy Thursday! It’s January 11, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Student Loans Are Getting In The Way … Read more