Elon Musk Considers Raising $3 Billion to Pay Off Part of Twitter Debt: Report
Elon Musk’s team has been exploring using as much as $3 billion in new fundraising to help repay some of…
Elon Musk says Tesla price cuts triggered demand, 2023 sales could hit 2 million vehicles
Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on, playing down…
Tesla to invest over $3.6 billion to build two new factories in Nevada
Tesla Inc said that it would invest more than $3.6 billion to build two new factories in the US state…
Commercial EV Vehicle Leases to Qualify for Tax Credits
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax…
Ford Has Most 2022 Recalls
Last summer, Ford recalled 2017-2020 Lincoln Continental sedans, plus Super Duty vehicles. IMAGE: Ford Ford tops the list of carmakers…
U.S. EV Sales Spiked in 2022
U.S. electric vehicle purchases climbed to 5.8% of all vehicles sold in 2022, up from 3.2% in 2021, according to…
New Vehicle Prices Continue to Soar
Average vehicle transaction prices continue to soar, according to data released by Kelley Blue Book. IMAGE: Pixabay New vehicle inventories…