Report: Used Tesla prices are dropping fast

GM hikes 2023 Chevy Bolt EV price as $7,500 tax credit returns

2023 Chevrolet Bolt EVThe 2023 Chevrolet Bolt EV once again qualifies for the federal EV tax credit, but now it's also getting a small price increase. General Motors lost eligibility for the $7,500 credit when it reached the 200,000-unit sales cap that was previously in place. Under the revamped rules enacted as part of the Inflation Reduction Act (IRA) and due to take...

Report: South Korea fines Tesla $2.2M over cold-weather range

2022 Tesla lineup  (Courtesy of Tesla, Inc.)South Korea's antitrust regulator has hit Tesla with a 2.85 billion won ($2.2 million) fine for allegedly minimizing the impact of cold weather on range, Reuters reported Tuesday. The Korea Fair Trade Commission (KFTC) said Tesla had overstated "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline...

Ford F-150 Lightning: Green Car Reports Best Car To Buy 2023

Ford F-150 Lightning: Green Car Reports Best Car To Buy 2023Ford has revolutionized the pickup truck—by making a fully electric version of its top-selling vehicle, the F-150. While doing that, and seemingly changing as little as possible about all that already makes the F-150 so desirable, it’s created a better vehicle. That's why even though the F-150 Lightning isn’t the first...

Report: Used Tesla prices are dropping fast

2016 Tesla Model STeslas have generally held their value better than other electric cars, but used Tesla prices are now dropping fast, according to a recent Reuters report. The average price of a used Tesla in November 2022 was $55,754, down 17% from a July peak of $67,297, according to the report. In comparison, overall average used car prices dropped 4% during...