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EV Sales in 2024: Navigating the "Messy Middle"
Tesla

EV Sales in 2024: Navigating the “Messy Middle”

Despite recent reports suggesting a slowdown, electric vehicle (EV) sales are indeed on the rise, albeit not as steeply as initially predicted. JD Power forecasts that by the end of 2024, the U.S. will see sales of 1.2 million EVs, marking a 9% share of the total vehicle market, down from an earlier estimate of…

Honda Blocks Popular Auto Reviewer from Prologue EV Test Drive
Honda

Honda Blocks Popular Auto Reviewer from Prologue EV Test Drive

Renowned automotive reviewer Doug DeMuro has reportedly been denied the opportunity to test drive Honda’s new Prologue EV, sparking speculation about the automaker’s confidence in its latest electric offering. This information comes from Sawyer Merritt, a well-known figure in the automotive and tech sphere. Prologue Specs and Pricing The Honda Prologue, built on GM’s Ultium…

Tesla Adjusts Financing Rates for Model 3 in the U.S.
Model 3

Tesla Adjusts Financing Rates for Model 3 in the U.S.

Tesla has recently modified its financing options for the Model 3 in the United States, as reported by Sawyer Merritt on X. These changes affect both promotional and non-promotional rates across various loan terms, potentially impacting buyers’ decisions. New Financing Structure The electric vehicle manufacturer has implemented the following changes: “The rate for a 72-month…

Tesla Extends 1.99% Financing Offer on Model 3 and Model Y
Model 3

Tesla Extends 1.99% Financing Offer on Model 3 and Model Y

Tesla has made a significant move in the electric vehicle (EV) market by extending its attractive financing offer on two of its most popular models. According to a tweet by Sawyer Merritt, a well-known Tesla observer, the automaker has removed the order deadline for its 1.99% financing rate on new Model 3 and Model Y…

Electric Shock: Tesla's Winning Streak Shakes Short Sellers
Tesla

Tesla and Musk Win Dismissal of Dogecoin Lawsuit

Tesla and its CEO Elon Musk have successfully defended themselves against a federal lawsuit alleging cryptocurrency fraud and insider trading, according to Reuters. The case, which sought $258 billion in damages, was dismissed by U.S. District Judge Alvin Hellerstein in Manhattan on Thursday night. The Allegations Investors accused Musk and Tesla of: The Court’s Decision…

BMW Recalls Over 12,000 Mini Cooper SE EVs Due to Battery Fire Risk
BMW

BMW Recalls Over 12,000 Mini Cooper SE EVs Due to Battery Fire Risk

BMW is recalling more than 12,000 Mini Cooper SE electric vehicles due to potential battery issues that could lead to overheating and fire risks. This information comes from a report by NewsNation. Affected Models and Issue The recall affects Mini Cooper SE models manufactured between 2020 and 2024. According to documents filed with the National…

Rare Arrival Electric Van Prototype Hits eBay After Company's Collapse
Tesla

Rare Arrival Electric Van Prototype Hits eBay After Company’s Collapse

A piece of electric vehicle history is now up for grabs on eBay, offering enthusiasts a chance to own one of the few remaining Arrival electric vans. This story, reported by Engadget, sheds light on the rapid rise and fall of the once-promising British EV startup. From Billions to Bankruptcy: Arrival’s Short-Lived EV Dream Arrival,…

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