Own a Tesla? BMW will give you $1,000 off one of its electric cars if you switch, report says.

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BMW i5
The BMW i5 is one of the models that other EV owners may be able to switch to.

DANIEL KRAUS, BMW

Tesla's value has slumped by $234 billion this year — that's more than McDonald's, Disney, or Nike are worth

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Elon Musk confused gesture
Elon Musk is CEO of Tesla.

Peter Parks/AFP/Getty Images

I bought a used Tesla Model 3 for $26,000. Despite its high mileage, I'm happy with my car.

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a man takes a selfie with a Tesla in the dark
Lambrecht and his Tesla Model 3.

Andrew Lambrecht

5 classic trucks and their polarizing modern revivals

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A Hummer H2 and the 2023 Hummer EV pickup truck
A Hummer H2 and the 2023 Hummer EV pickup truck

Getty Images, General Motors

Biden is worried China will use its cars to spy on Americans

Tech Insider : Politics
A futuristic, silver sedan drives down a road in front of green trees.
The BYD Seal.

BYD

The Apple car is the latest casualty in the brutal EV market

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Apple logo

Fernando Gutierrez-Juarez/Getty Images

Toyota was right about hybrid cars all along

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Toyota logo
Toyota logo

Matt Cardy/Getty Images

Looks like there won't be an Apple car after all

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An Electric car with an apple logo on the hood
Apple is ending its electric car project that was about a decade in the making.

Grafissimo/Getty, Apple, Tyler Le/BI

The 10 most deeply discounted electric cars right now

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A Volkswagen ID.4 electric car on display at a VW dealership
A Volkswagen ID.4 electric car on display at a VW dealership in California

Josh Lefkowitz/Getty Images

Rivian's CEO can't seem to give a clear answer whether the company has enough money to build its next vehicle

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Rivian CEO RJ Scaringe
Rivian CEO RJ Scaringe skirted questions on whether it has enough capital to produce its upcoming R2 vehicle.

Carlos Delgado/AP

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