When leasing, the incentive jumps to $7,500.
Author: Mark Kane
Meanwhile, production of the Model Y and Cybertruck in Texas reached a new record level.
The driving range is considered "okay" but that's mostly due to the large battery, as energy consumption could be better.
In Q1 2024, Tesla's growth pace continued to cool off while new competitors step up.
Ford is the only brand besides Tesla that sold over 20,000 EVs. Kia, BMW and Hyundai exceeded 10,000, while Cadillac's EV share surged.
All-electric cars already represent roughly 90% of total new passenger car sales in the country.
Will this move boost sales to a point to balance supply with demand?
The curbside solution is promised to be easy to install and cost-efficient.
A recent study indicates that 60% of EVs will be in suburban areas, compared to just 20% in urban areas.
All-electric car sales decreased even more, by 29% year-over-year.