Tech Insider : Economy
Photo illustration of Elon Musk
Elon Musk has started slashing prices on Tesla's electric cars. That's going to come back to burn him.

Elon Musk has started an electric-vehicle price war that Tesla can't finish.

Tech Insider : Economy, Economy
Used cars sit in the sales lot of a used car dealership in California.
On average, the annual percentage interest rate on new vehicles was 6.5% in 2022 and 4.1% in 2021, while for used vehicles it was 10% in 2022 compared to 7.4% in 2021.