Elon Musk doesn't care that Tesla values are tanking — but it could drive buyers to Ford and GM

Tech Insider
A red Tesla Model Y seen outside a Tesla showroom
Used Tesla values are down 30% year-over-year, but Tesla doesn't seem to mind yet. The automaker might need to, one day.

Getty Images

Automakers and dealers are playing a game of chicken — and customers could be the winners

Tech Insider
A man wearing a hat looks at cars on a dealership lot.
Car buyers are in the middle of automakers' and dealers' debates over new vehicle pricing — and shoppers might end up winning.

AP Photo/David Zalubowski

Tesla fans will stay loyal no matter what Elon Musk does

Tech Insider
A Tesla home charging
Tesla trumped all other automakers in terms of overall brand loyalty and most improved loyalty last year, according to S&P Global Mobility.

Tesla

Automakers are pausing factory lines to help keep inventory low and prices high

Tech Insider
2023 GM Cadillac Lyriq start of production
Carmakers are racing to counteract their inventory buildup in order to keep profits flowing.

JD Adams for General Motors

Electric cars could cost the same as gas-powered ones as soon as 2025 — so long as you buy small

Tech Insider
The Ram 1500 REV electric pickup truck.
Americans love SUVs and pickup trucks. That means they might not see less expensive EV options until the 2030s.

Ram

Jeep-maker Stellantis is offering buyouts to some of its most senior employees — and blaming it on EVs

Tech Insider
An employee at FCA’s Toledo North Assembly Plant works on the 2021 Jeep Wrangler 4xe.
Jeep-maker Stellantis is offering buyouts to thousands of employees.

Stellantis

China doesn't want American cars anymore — that's bad news for Ford and GM

Tech Insider
Photo collage of BYD Yuan and Buick Encore Avenir
There aren't currently any Chinese car brands for sale in the US, but there is concern they could eventually make a play to upend the US market.

Sjoerd van der Wal / Getty Images, Buick; Arif Qazi / Insider

Maserati is reviving the iconic GranTurismo as a $174,000 beast that'll come in both electric and gas-powered models — see inside

Tech Insider
Maserati
Maserati is reintroducing its GranTurismo with the Modena, Trofeo, and Folgore versions.

Maserati

The EV revolution has never felt farther away

Tech Insider
EV chassis held by robot arms on a yellow background with various images of EV manufacturing collaged
The industry won't turn back on its electric-vehicle ambitions now, but the shift isn't happening at full-speed.

GM; Rivian; Ford; Marianne Ayala/Insider

Tesla and other automakers are giving hefty discounts to make up for shrinking EV tax credits

Tech Insider
2023 GM Cadillac Lyriq start of production
GM expects the Cadillac Lyriq to qualify for tax credits, but other EVs might not, and automakers will have to take action to remain competitive.

JD Adams for General Motors

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