You Can Already Buy A Tesla For $25,000, They’re Just Used

It’s safe to say that the $25,000 Tesla “Model 2” — or whatever it was going to be called — probably isn’t happening. Musk and Tesla have other priorities given everything that’s happening with the company right now. Don’t fret though. If something like a Nissan Leaf or Chevy Bolt won’t do and you just … Read more

Tesla Cars Lose Value Three Times Faster Than A Maserati, Study Says

Tesla’s “no haggle” direct-buy pricing model was once heralded as the future of how Americans would buy cars. Several years later, the dealership system is still going strong. Now, according to a recent study, Elon’s insistence on adjusting MSRPs based on market conditions has had detrimental effects on Tesla’s resale value. Jon Cryer’s First Car … Read more

Hertz Is Getting Rid Of 20,000 EVs

Happy Friday! It’s January 12, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Hertz Is Selling A Third Of Its … Read more

Rental Company Sixt Will Begin Dumping Tesla Fleet Due To Repair Costs

Image: Sixt Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving. Following the news that Hertz would slow its purchases from Tesla, German competitor Sixt is going a step further, discontinuing purchases of … Read more