Rising

Tesla (TSLA) Order Rates Are Soaring In The US As Rising Gasoline Prices Push People To Turn To Electric Vehicles.

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Tesla’s order rates in the United States are surging as record gasoline prices encourage more people to buy electric cars, according to people familiar with the matter. However, the automakers are still… so deliveries are not likely to be affected significantly. Source: electrek.co

Rising Financing Costs And Falling Values ​​put Buyers At Risk Of Flipping Their Auto Loans Upside Down

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Customers who buy cars now are at risk of defaulting on their car loans, analysts warn. As car values ​​fall, financing costs are rising. “What we’re seeing is just the tip of the negative equity iceberg,” said Edmunds analyst Ivan Drury. If you recently took out a loan to purchase a car, Source: www.usatoday.com