BYD Sales Surge As Tesla’s Continues To Drop

BYD Sales Surge As Tesla’s Continues To Drop

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

Tesla May Be Struggling, But The U.S. EV Industry Has Actually Seen Solid Growth This Year

Tesla May Be Struggling, But The U.S. EV Industry Has Actually Seen Solid Growth This Year

From layoffs at Tesla, Rivian and others to big price cuts on the Ford F-150 Lightning and Mustang Mach-E, Hertz selling off its fleet of electric vehicles, Tesla’s deliveries being down and even Volkswagen delaying the ID7’s U.S. launch, it could be easy to get the impression that the EV industry is dying. As Bloomberg … Read more

EVs Are Still Too Expensive For Buyers, Despite Huge Discounts

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

Elon Musk Is Turning Off Would-Be Tesla Buyers

Elon Musk Is Turning Off Would-Be Tesla Buyers

Good morning! It’s Monday, April 1, 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: Elon Musk Scares Off Potential Tesla Owners Elon Musk is turning … Read more

The EV Price Premium Is Evaporating Thanks To Slower Sales

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