Image: Carmax The used car market has been an up-and-down mess since at least 2020, with reduced new car inventory pushing more buyers into pre-owned purchases, which reduced the revolving supply of trade-ins. This perfect storm of pandemic-induced chip-shortage used car inflation appears to finally be subsiding. According to a new report from Edmunds Q2 … Read more
Good morning! It’s Friday, August 9, 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. Tesla Had A Very Interesting Week 1st Gear: Tesla Orders Canceled Over Musk’s Support For Trump For months, … Read more
Good morning! It’s Tuesday, July 2, 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. Tesla’s Cybertruck Has Finally Arrived 1st Gear: China’s BYD Is Coming For Tesla’s Ass Again Chinese vehicle maker … Read more
Hertz gambled and lost when it placed its big EV bet on Tesla a few years ago. It was a chance for the rental car company to shake up the industry, instead the company bought 30,000 Teslas, got scared away by depreciation and expensive repairs and now wants to get rid of them. While all … Read more
![Hertz Made A Customer Pay $277 For Gas In His Tesla Rental [Update]](https://i.kinja-img.com/image/upload/c_fill,h_675,pg_1,q_80,w_1200/a9c4e89f17a3f2a2fb361a6d15e37bc3.jpg "Hertz Made A Customer Pay $277 For Gas In His Tesla Rental [Update]")
A longtime Hertz customer with President’s Circle status was slapped with an unexpected $277.39 charge after returning the Tesla Model 3 that he rented during a weekend in Los Angeles. The renter was Joshua Lee, who selected the “skip the pump and save time” option on his reservation, so he wouldn’t have to worry about … Read more
I pride myself in knowing at least a few things about every car I see on the road, but the other day I was walking in Los Angeles and came across a black Ford Mustang Mach-E with gold racing stripes that I had never seen before. I frantically Googled everything I could about it, and … Read more
It’s safe to say that the $25,000 Tesla “Model 2” — or whatever it was going to be called — probably isn’t happening. Musk and Tesla have other priorities given everything that’s happening with the company right now. Don’t fret though. If something like a Nissan Leaf or Chevy Bolt won’t do and you just … Read more
Tesla’s “no haggle” direct-buy pricing model was once heralded as the future of how Americans would buy cars. Several years later, the dealership system is still going strong. Now, according to a recent study, Elon’s insistence on adjusting MSRPs based on market conditions has had detrimental effects on Tesla’s resale value. Jon Cryer’s First Car … Read more
Good morning! It’s Tuesday, January 16, 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. Walter Isaacson On Elon Musk(s) 1st Gear: Telsa Lost $94 Billion In Two Weeks By all accounts, Tesla … Read more
Happy Friday! It’s January 12, 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: Hertz Is Selling A Third Of Its … Read more
