Tesla Price Cuts, Repair Costs Impact Profits, Hertz Delays EV Plans

“The introduction of EVs will be slower than previously anticipated,” Hertz CEO Stephen Sher said during the company’s third-quarter earnings conference. at 5:05pm ET Last week, General Motors and Ford announced they would delay spending on electric vehicles, citing slowing demand for BEVs and the EV price war started by Tesla. Source: insideevs.com

Tesla: Expected Stock Price To Drop To Double Digits By End Of 2024 (NASDAQ:TSLA)

Justin Sullivan/Getty Images News Tesla, Inc. (NASDAQ:TSLA) had a very disappointing September quarter, falling short of consensus expectations for both revenue growth and profitability. While a quarterly consensus miss shouldn’t be a major headwind for most companies, this miss is likely to be a big negative for Tesla. Source: seekingalpha.com

2024 Hyundai Ioniq 6 Price Reduced By Up To $4,100, Starting At $38,615

The 2024 Hyundai Ioniq 6 costs up to $4,100 less than last year, with a new starting price of $38,615. This is for the base rear-wheel drive, standard battery Ioniq 6, with other products expected to be priced between $2,450 and $3,050. This was announced by a Hyundai spokesperson. car and driver The decline in prices is due to “production Read More

Pay Attention To Volvo C40! 2024 BMW IX2 Electric Car Price And Features Revealed, Brand Adds Model Below Luxury Car Tax Standards – Car News

BMW has confirmed the price of its iX2 electric car, which will go head-to-head with the likes of the Volvo C40 when it goes on sale next year. The German giant is also in talks for EV products, which currently include 15 types with seven battery types. Six of these models currently fall below the luxury car tax threshold for Read More

Fisker Marine Price Increases Scheduled For 2024

Fisker has announced significant price changes for its 2024 Ocean SUV. Prices for lower-down trims are rising, but prices for the top-of-the-line SUV trims have been significantly reduced. The new prices will go into effect on November 6, 2023, so shoppers who want to get their hands on a more affordable Ocean model better act soon. of… Source: Cars Direct