Hertz is selling used Teslas for under $20K

Hertz is selling used Teslas for under K

Tesla CEO Elon Musk recently nixed hopes of a regular Tesla model ever selling for $25,000. But he was talking about new models. For car rental company Hertz, the race to sell used Teslas and other EVs at ever-lower prices is not only still on but accelerating. Hertz had kicked off 2024 by announcing it was … Read more

Trump administration prepares to end Biden’s EV tax incentive

Trump administration prepares to end Biden’s EV tax incentive

If you’re looking to buy or lease an electric vehicle (EV) and benefit from the Biden administration’s $7,500 tax incentive, you’d better act soon. The transition team of the incoming Trump administration is already planning to end the credit, according to a report from Reuters citing sources with direct knowledge of the matter. Under the Biden … Read more

A regular $25,000 Tesla model would be pointless, says CEO

A regular ,000 Tesla model would be pointless, says CEO

Enthusiasts expecting to one day put their hands on the steering wheel of a $25,000 Tesla EV may feel like they’ve been taken for a ride. CEO Elon Musk has just put a serious damper on those expectations, saying that outside of the driverless Robotaxi recently unveiled by Tesla, a regular $25,000 model … Read more