Category: Electric

Lectric eBikes Unveils The XP Trike & We Get The First Ride!

Lectric eBikes teased the introduction of its electric trike just weeks after Rad Power Bikes launched the RadTrike with a post from CEO Levi Conlow to an owner’s group on Facebook. This morning, after a few days of teaser posts, Lectric eBikes opened the flood gates and released the full specs for the Lectric XP […]

Tesla price cuts are the ‘right medicine at the right time,’ analyst says

With inventory reportedly piling up, Tesla analysts and investors predicted price cuts were coming — and they were right. Wedbush analyst Dan Ives said the the cuts are the “right medicine at the right time.” In a note to clients today, Ives argued that lowering prices is the correct strategic move as demand may be waning and competition is heating up.