New Tesla Model Y; via Tesla. EVs got a little more affordable in May, and Tesla’s price drop had a lot to do with that. According to new data from Kelley Blue Book, the average transaction price (ATP) for a new EV in May was $57,734. That’s down from $59,123 in April. Year-over-year, that’s a… Continue reading EV prices dipped in May – and Tesla Model Y led the slide
Author: Electrek Newsfeed
The Chevy Equinox EV is selling like hotcakes
Starting at under $35,000 with over 315 miles of range, Chevy’s electric SUV is proving to be a hit. The all-electric Equinox helped propel Chevy past Ford to become the fastest-growing EV brand in the US. Chevy races past Ford in the US with the Equinox EV With over 37,000 electric vehicles sold through May,… Continue reading The Chevy Equinox EV is selling like hotcakes
Tesla teases new Model Y 7-seater option
Tesla teases that the 7-seater option is soon going to make a comeback in the new Model Y. When Tesla launched the Model Y in 2019, it announced that it would have an optional third row for a total of 7 seats. It took approximately a year after Tesla began production to introduce the $3,000… Continue reading Tesla teases new Model Y 7-seater option
Tesla (TSLA) sales are crashing in China, and things are about to get worse
Tesla (TSLA) sales are currently crashing in China, based on both new monthly and weekly data released today. That’s despite the new Model Y, record discounts, and incentives. Competition and a new electric vehicle (EV) price war are putting significant pressure on Tesla in China. Tesla experienced a slow first quarter globally, including in China,… Continue reading Tesla (TSLA) sales are crashing in China, and things are about to get worse
Tesla officially starts autonomous ‘testing’ phase in Austin days before planned launch
Tesla has officially entered the autonomous vehicle ‘testing’ phase in Austin, Texas days before its planned launch of a commercial service. For months, Tesla has been discussing the launch of a self-driving ride-hailing fleet in June in Austin, Texas. As we previously reported, the move is a major shift from Tesla’s long promise to enable… Continue reading Tesla officially starts autonomous ‘testing’ phase in Austin days before planned launch
Cadillac’s new Optiq-V is an entry-level luxury sports EV with a Tesla NACS port
Another Cadillac EV has earned the iconic “V” badge. The 2026 Cadillac Optiq-V is a new entry-level sports electric vehicle (EV) with over 500 horsepower, sporty styling both inside and out, and additional upgrades. It’s also GM’s first vehicle with a built-in NACS port, unlocking access to Tesla Superchargers. Cadillac unveils 2026 Optiq-V EV prices… Continue reading Cadillac’s new Optiq-V is an entry-level luxury sports EV with a Tesla NACS port
Several Waymo self-driving I-Pace electric cars set on fire in LA riots
At least 5 Waymo self-driving I-Pace electric cars were set on fire amid protests that turned violent in Los Angeles this weekend. It could represent as much as 5% of Waymo’s fleet in Los Angeles being destroyed. The United States Immigration and Customs Enforcement (ICE) launched several raids in the Los Angeles area last week… Continue reading Several Waymo self-driving I-Pace electric cars set on fire in LA riots
Tesla’s head of Optimus humanoid robot leaves the ‘$25 trillion’ product behind
Tesla’s head of Optimus humanoid robot, Milan Kovac, announced that he is leaving the automaker after 9 years. It leaves just as CEO Elon Musk claimed that the humanoid robot is going to make Tesla a”$25 trillion company.” Electrek first reported on Tesla hiring Kovac back in 2016 to work on the early Autopilot program.… Continue reading Tesla’s head of Optimus humanoid robot leaves the ‘$25 trillion’ product behind
Toyota has another $20,000 electric SUV for China: Meet the bZ5
When will Toyota launch an electric SUV for under $20,000 in the US or Europe? We’ll keep dreaming. Toyota is launching the new bZ5 electric SUV next week in China amid an intensifying EV price war. The new SUV will draw power from BYD’s batteries and EV powertrain as Toyota looks to get a leg… Continue reading Toyota has another $20,000 electric SUV for China: Meet the bZ5
‘Everything’s computer’ no more: Trump wants to sell his Tesla from that dumb ad
Not even three months ago, convicted felon Donald Trump and his largest funder, ketamine-fueled Tesla CEO Elon Musk, appeared together on the White House lawn, improperly using government resources to do a low-budget ad to help Tesla get out of the sales ditch that Musk has dug for it. Now, amidst an explosive feud between… Continue reading ‘Everything’s computer’ no more: Trump wants to sell his Tesla from that dumb ad