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Shortly after news broke that Tesla would be laying off another round of employees, including the team behind the company's Supercharging network, CEO Elon Musk took to social media to reassure owners and investors that the charging stations aren't going anywhere.
Tesla will reveal more information about its long-promised robotaxi on August 8, according to CEO Elon Musk. The annoucement came on the same day Reuters published a report claiming Tesla had canceled development on Project Redwood, an effort by the automaker to build an affordable $25,000 electric vehicle. Hours after accusing the wire service of «lying (again),» Musk took to X at 4:49pm ET to share the news. «Tesla robotaxi unveil on 8/8,» he said.
While none of BMW’s current EV lineup is particularly affordable, the automaker is taking steps to attract buyers that might balk at the entry-level i4’s more than $52,000 starting price. CarsDirect noticed that all BMW EVs come with rebates in April, with up to $7,500 off some models.
Hyundai has offered a pickup in the United States for a few years now, but its corporate cousin, Kia, has never dipped its toe into the truck market. The automaker won’t be without a ‘ute for long, however, as it recently confirmed the Tasman, a global pickup aimed at markets in South Korea, the Middle East, and elsewhere.
With electric vehicle (EV) names like Tesla and Rivian recently announcing financial woes, the former CEO and Chairman of Chrysler told a cautionary tale about the market’s future.
DETROIT — New vehicle sales in the U.S. rose nearly 5% from January through March, as buyers stayed in the market despite high interest rates. But electric vehicle sales growth slowed during the first three months of the year, with mainstream buyers wary of limited range and a lack of charging stations.
First-quarter sales numbers for 2024 are beginning to roll in. Many are eager to see if battery-electric vehicles are genuinely facing a slowdown, but if they are, it’s not affecting Hyundai just yet. EV sales for the brand are up through the first three months of the year, surging by 62 percent for the quarter and 100 percent for March.
The 2025 Polestar 4 electric SUV coupe will be available to order in April with a starting price of $56,300. U.S. deliveries are scheduled to start in the fourth quarter.