2023 saw a slowdown in the sale of EVs in the US, making the Biden administration's 2030 goals for electric vehicle sales feel less than realistic. Multiple headwinds for this electrification push have mounted from EV model pricing and the lack of suitable charging infrastructure. Deloitte Automotive Research Leader Ryan Robinson joins Yahoo Finance to give insight into electric vehicle adoption in the US and the progress of the market going forward amidst ongoing challenges. "Overall, in our study, we asked consumers just what they're expecting to pay for their next vehicle. So just overall kind of transaction price and about eight out of ten consumers are telling us they're expecting to pay less than $50,000 for their next vehicle. When you bring it down to what consumers are actually concerned about and where the rubber meets the road for them is monthly payment," Robinson states. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino...
Continue ReadingVietnamese electric vehicle start-up VinFast Auto made a splash with its pickup truck at the Consumer Electronics show in Las Vegas Tuesday. VinFast unveiled the VF Wild pickup truck. A prototype is on-site in Las Vegas, but the Wild is intended for production and sale...
Continue ReadingShares of the maker of electric vehicles are on pace to close lower for the seventh time in eight days, leaving investors asking what’s up with Tesla...
Continue ReadingTesla shares fell Tuesday, extending a decline from last week. Shares of the electric-vehicle maker declined 2.9% to $233.55 Tuesday. At the level, it would be the lowest close since November 13, according to Dow Jones Market Data...
Continue ReadingTesla isn’t just dominating the EV market in the US, it’s also gaining ground in the overall market for cars...
Continue ReadingTesla has lowered driving-range estimates across its lineup of electric vehicles as a new U.S. government vehicle-testing regulation takes effect with the goal of ensuring that automakers accurately reflect real-world performance. Tesla has historically issued range estimates that overstate what its cars can deliver, prompting widespread complaints from customers, according to some automotive testing experts and a Reuters investigation last year. Reuters reported in July that the automaker, about a decade ago, rigged the algorithm that controls in-dash range estimates in Tesla vehicles to give rosy projections of how far owners can drive before needing to recharge...
Continue ReadingTesla Inc. and SpaceX Founder Elon Musk, currently the richest man in the world, had an unconventional journey to the pinnacle of entrepreneurial success. As a teenager, he often followed his younger sister Tosca to clubs and parties seeking social interaction. This anecdote, as detailed in Walter Isaacson's biography "Elon Musk," portrays a stark contrast to his later life. Although he is a household name now, he hated being alone growing up. Living in Toronto with his family, Musk's teenage ye...
Continue ReadingFresh off recent stock splits, Nvidia and Tesla look poised for success in the new year and beyond...
Continue ReadingA recession scenario could easily lead to further downside in Tesla's stock price. Read why I'm bearish on TSLA stock...
Continue ReadingBYD outperformed TSLA in FY2023, with the Chinese-based automaker emerging as the king of EVs. Learn why we maintain our buy rating on BYDDF stock...
Continue Reading© 2026 Market News — All rights reserved