The 2025 Cadillac Lyriq drops the previous Tech base trim, and but lower prices for the remaining trim levels help counteract that move. The Lyriq Tech started at $58,590 for the 2024 model year but lacked many of the standard features on the Luxury 1 grade that is now the base model for 2025. Thanks … Continue reading “2025 Cadillac Lyriq drops prices and base trim”
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Tesla’s stock fell by 8% in pre-market trading on Wednesday after the company reported its lowest profit margins in five years. This has highlighted the need for Tesla to introduce more affordable electric vehicles (EVs) to boost sales instead of relying on price cuts. Falling Profit Margins and Market Reaction Tesla’s efforts to increase sales … Continue reading “Tesla Stock Drops as Profit Margins Fall, Emphasizing Need for Cheaper EVs”
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Tesla’s stock dropped 10% in early trading on Wednesday following its mixed second-quarter results. Despite the decline, the company confirmed its plan to introduce new, more affordable electric vehicles (EVs) in early 2025. CEO Elon Musk also announced that the robotaxi reveal is now scheduled for October 10, delayed from the initial August 8 date. … Continue reading “Tesla Stock Drops 10% After Mixed Q2 Results; Affordable EVs and Robotaxi Reveal Set for 2025”
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In this special vacation episode of Quick Charge, we explore the historic dive in global diesel demand, and whether it’s being caused inflation and a slowing economy or the rapid rise in EV sales displacing millions of gallons of oil demand. In this episode, we’ll focus on the rapid growth of the commercial EV market … Continue reading “Diesel demand drops while commercial EV, electric semi markets grow”