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Appraisals and Valuation (Property), Automobile Renting and Leasing, Automobiles, Barrasso, John, Biden, Joseph R Jr, Discount Selling, Electric and Hybrid Vehicles, Fuel Emissions (Transportation), Hertz Global Holdings Inc, Musk, Elon, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Tech Industry, Tech News, Tesla Motors Inc, Traffic Accidents and Safety, United States

Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts

January 11, 2024

Jack Ewing

The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.
Read more: Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts
Automobiles, Batteries, Company Reports, Discount Selling, Electric and Hybrid Vehicles, General Motors, Prices (Fares, Fees and Rates), Shortages, Supply Chain, Tech Industry, Tech News, Toyota Motor Corp, Two Thousand Twenty Three, United States, United States Economy

Auto Sales Are Expected to Slow After a Strong 2023

January 3, 2024

Neal E. Boudette

Automakers sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from higher interest rates.
Read more: Auto Sales Are Expected to Slow After a Strong 2023
Automobiles, Batteries, BYD Co Ltd, China, Company Reports, Discount Selling, Electric and Hybrid Vehicles, europe, Ford Motor Co, General Motors, Musk, Elon, Prices (Fares, Fees and Rates), Production, Rivian Automotive LLC, Scaringe, R J, Shanghai Automotive Industry Corp, Sports Utility Vehicles and Light Trucks, Tech Industry, Tech News, Tesla Motors Inc, United States

Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand

July 19, 2023

Jack Ewing

Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies.
Read more: Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand
Automobiles, Batteries, Discount Selling, Electric and Hybrid Vehicles, Ford Motor Co, General Motors, Prices (Fares, Fees and Rates), Production, Sports Utility Vehicles and Light Trucks, Tech Industry, Tech News, Tesla Motors Inc, United States

Ford Slashes Price of Electric F-150 as Demand Weakens

July 17, 2023

Neal E. Boudette

Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a lot.
Read more: Ford Slashes Price of Electric F-150 as Demand Weakens
Automobiles, Batteries, Discount Selling, Electric and Hybrid Vehicles, Ford Motor Co, General Motors, Prices (Fares, Fees and Rates), Production, Sports Utility Vehicles and Light Trucks, Tech Industry, Tech News, Tesla Motors Inc, United States

Ford Slashes Price of Electric F-150 Lightning as Demand Weakens

July 17, 2023

Neal E. Boudette

Ford, Tesla and other automakers are having to lower prices to lure buyers as the supply of battery-powered models begins to exceed demand.
Read more: Ford Slashes Price of Electric F-150 Lightning as Demand Weakens
Automobiles, China, Company Reports, Discount Selling, Electric and Hybrid Vehicles, Musk, Elon, Prices (Fares, Fees and Rates), Tax Credits, Deductions and Exemptions, Tech Industry, Tech News, Tesla Motors Inc, United States

Tesla’s Second Quarter Sales and Deliveries Rise as Tax Credits Fuel Demand

July 2, 2023

Jack Ewing

Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.
Read more: Tesla’s Second Quarter Sales and Deliveries Rise as Tax Credits Fuel Demand
Alternative and Renewable Energy, Automobiles, Batteries, China, Company Reports, Discount Selling, Electric and Hybrid Vehicles, Musk, Elon, Stocks and Bonds, Tax Credits, Deductions and Exemptions, Tech Industry, Tech News, Tesla Motors Inc, United States

Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

April 19, 2023

Peter Eavis and Jack Ewing

The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
Read more: Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
biosimilars, California, CalRx Biosimilar Insulin Initiative, diabetes, Discount Selling, Drugs (Pharmaceuticals), Eli Lilly and Company, Generic Brands and Products, Government Contracts and Procurement, Inflation Reduction Act of 2022, insulin, Law and Legislation, Novo Nordisk A/S, Prices (Fares, Fees and Rates), Sanofi SA, Tech Industry, Tech News

California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts

March 24, 2023

Benjamin Ryan

The state awarded a $50 million contract to produce less costly treatments, but moves by major suppliers might undercut the initiative before any new product emerges.
Read more: California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts
Discount Selling, Electric and Hybrid Vehicles, Ford Motor Co, Prices (Fares, Fees and Rates), Sports Utility Vehicles and Light Trucks, Tesla Motors Inc

Ford Follows Tesla in Cutting Electric Vehicle Prices

January 30, 2023

Neal E. Boudette

The automaker reduced the price of the Mustang Mach-E by up to $5,900 after Tesla slashed prices of its cars by as much as 20 percent.
Read more: Ford Follows Tesla in Cutting Electric Vehicle Prices

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TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis – This Week in Tech (Audio)

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Encircle News!

Category: Discount Selling

Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts

Auto Sales Are Expected to Slow After a Strong 2023

Tesla’s Profit Rose in the Second Quarter as Price Cuts Spurred Demand

Ford Slashes Price of Electric F-150 as Demand Weakens

Ford Slashes Price of Electric F-150 Lightning as Demand Weakens

Tesla’s Second Quarter Sales and Deliveries Rise as Tax Credits Fuel Demand

Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts

Ford Follows Tesla in Cutting Electric Vehicle Prices

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TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis – This Week in Tech (Audio)