AUSTIN, TX - CEO Elon Musk stated via a Tuesday evening tweet that the electric-vehicle company’s so-called “Master Plan 3” would be unveiled at the company’s annual meeting and investors event being held in Austin, Texas on March 1, 2023. Musk said that the details of the “Master Plan 3” announcement would be made at the company’s Texas headquarters after he previously … [Read more...] about Tesla to Unveil “Master Plan 3” at March 1 Investors Event; What to Expect
January Draws Unusually High Demand For Used Vehicles, Driving Surge In Prices
WASHINGTON, D.C. - Following intensely – and unusually – strong demand in January, prices of pre-owned vehicles in the United States have surged to their highest wholesale value level since last 2021, a new report indicates. New data released on Tuesday by Cox Automotive show that used car values jumped 2.5 percent from December 2022 and January 2023, representing … [Read more...] about January Draws Unusually High Demand For Used Vehicles, Driving Surge In Prices
Electric Vehicles Made Up Ten Percent of All Automotive Sales in 2022, WSJ Report Says
WASHINGTON, D.C. – Electric vehicles (EV) continue their move into mainstream acceptance, with the high-tech “green” conveyances making up an impressive ten percent of all automotive sales in 2022 for the first time ever, although concerns over a weak economy and a potentially impending worldwide recession may prove to be a setback for continued sales growth in … [Read more...] about Electric Vehicles Made Up Ten Percent of All Automotive Sales in 2022, WSJ Report Says
BMW Debuts Astonishing New Color-Changing Concept Car at 2023 CES
LAS VEGAS, NV - BMW unveiled a new concept car at the 2023 Consumer Electronics Show in Las Vegas, Nevada that showcased astonishing new technology that will enable vehicles to actually change their exterior color in real-time, in addition to an innovative digital display and other features straight out of a sci-fi movie. The i Vision Dee – with “Dee” standing for … [Read more...] about BMW Debuts Astonishing New Color-Changing Concept Car at 2023 CES
Demand for Used Tesla Electric Vehicles Dries Up, Causing Prices to Drop Drastically
AUSTIN, TX - Recently, Tesla electric vehicles (EVs) were one of the hottest commodities on the market, with used models commanding hefty prices and demand far outstripping supply. However, recent reports show that the heyday of pre-owned Teslas selling like hotcakes for astronomical sums may have ended, with supply increasing more as demand for the company’s EVs evaporates … [Read more...] about Demand for Used Tesla Electric Vehicles Dries Up, Causing Prices to Drop Drastically