Elon Musk's price cuts at Tesla are working – for now

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A Tesla Model 3.
A Tesla Model 3.

David Zalubowski/AP

Tesla could extend its massive rally this year with Elon Musk's EV price war clearly stoking up demand, Wedbush says

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Model Y
Tesla has slashed the price of its Model Y and Model 3 vehicles this year in a bid to boost demand.

Matt Debord/Business Insider

Tesla reports vehicle deliveries are up about 35 percent from last year in first quarter following price cuts

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Tesla logo on the nose of a vehicle
Tesla released its Q1 production and delivery figures Sunday.

Robert Alexander/Getty Images

General Motors will phase out Apple CarPlay and Android Auto in future EVs, opting to introduce its own Google-supported system

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The GMC Hummer EV is pictured at General Motors'
The GMC Hummer EV at General Motors' "Factory Zero" in Detroit.

Nic Antaya/Getty Images

After driving 25 electric vehicles, these are my 7 favorites

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[EMBARGO 9/28 DNP] Rivian R1T
The Rivian R1T is one of the coolest electric vehicles I've driven, period.

Tim Levin/Insider

You only have until April 17 to get a hot deal on an electric car before stricter tax credit rules go into effect, making some models ineligible

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Newly manufactured Teslas sit in a lot in Burbank, California, in 2018.
For the next 17 days, you can still get the full $7,500 tax credit on EV purchases that meet less stringent criteria.

Reuters

People are so desperate to get an EV that they're putting deposits down on multiple and buying whichever one is built first

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Rivian manufacturing in Normal, Illinois
Rivian manufacturing in Normal, Illinois

Rivian

Don't but an EV — lease one instead. Here's why.

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The Tesla Model Y electric SUV.
EV leasing overall took a tumble in 2022 — but leasing may still be the better way to go if you're considering going electric.

Tim Levin/Insider

A Rivian buyer got his dream car after a 3-year wait. Days later, the car was dead and he faced a $2,100 bill.

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Chase Merrill's Rivian stuck in a snow drift.
Rivian is learning more about customer service as it ramps up production.

Chase Merrill

Ford CEO channels Elon Musk, saying the automaker's next electric truck will drive itself while you sleep

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Jim Farley and Elon Musk
Jim Farley is upping Ford's ante as it races to catch up with Elon Musk's Tesla.

Associated Press

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