Dropping Prices

Dropping Prices

Hope you had a beautiful spring weekend. We’re in full spring mode in Colorado. Cold, Hot, Cold, Hot…. I enjoy it.

Enjoy the EV news.

“Why do I always have the feeling that everybody’s doing something better than me on Saturday afternoons?”

– Jerry Seinfeld

EPA Quiz

The EPA is expected to require ___% of new vehicles sold in the US to be electric by 2032.

  1. 50%
  2. 57%
  3. 59%
  4. 67%

Click here for the answer.

Slashing Prices

It’s like clockwork! Whenever there is news about EV tax credit updates, Tesla seems to slash prices. No complaints here! Tesla has recently reduced its vehicle prices in the US by 2% to 6%, marking the fifth price cut this year.

Prices have been lowered for all models, including Models S, 3, X, Y. Imagine qualifying for all federal and state incentives (I used the $2,000 available in CO); you could snag a brand new AWD Model Y for just $40,490. Tempting, right? But the big question is – should we wait for even more cuts or jump on this sweet deal now???

Speaking of Teslas for sale, you could have purchased Jay Leno’s 28k mile Tesla Model S P90D. It may still be for sale out there, as it hit a price of $55,000, but didn’t meet the reserve. I didn’t know that Jay sold any of his cars.

In other EV/AV News

  • Walmart and Sam’s Club in the U.S. plan to make EV ownership more accessible and convenient by building their own EV fast-charging network at thousands of locations by 2030. This will be in addition to the existing 1,300 EV fast-charging stations at over 280 facilities.
  • BYD has announced a new driver-assist technology for stabilizing car rides through rugged terrain, sharp turns, and shallow water. The new “DiSus” system, which uses lidar sensors to create detailed maps of the surrounding area, is expected to provide a foundation for the future development of advanced driver assistance systems.
  • The highly anticipated Tesla Master Plan Part 3 has been unveiled, presenting a lengthy 41-page document that offers intriguing insights into the company’s future plans. Although we are still awaiting specific information about the “Model 2,” this document provides a tantalizing glimpse into Tesla’s upcoming offerings.

For more Electric Vehicle News and Autonomous Vehicle News, check out the rest of the free newsletter.

About the Author: Parker Penn

Parker Penn
EPG is a staffing and recruiting company that is 100% focused on helping electric and autonomous vehicle clients hire the best people through their industry and product-specific expertise. To learn more, you can contact our CEO, Joe Rooney at Joe@EPGAmerica.com or schedule time on his calendar.