Tesla (TSLA) gets ninth price target hike since June deliveries
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Tesla (TSLA) Model 3 tax credits likely reduced after Dec. 31
July 12, 2023 4:27 PM EDTAccording to information posted on Tesla's (NASDAQ: TSLA) website on Tuesday evening, the federal tax credits of $7,500 for Tesla's Model 3 electric vehicles are expected to decrease after December 31.
The move comes as the U.S. government prepares to implement stricter regulations on batteries next year, with the aim of promoting domestic production of this essential... More
Mercedes-Benz doubles EV sales in 2Q
July 11, 2023 9:48 AM EDTGerman luxury automaker, Mercedes-Benz released their second quarter sales results Tuesday, reporting a 6% rise in sales (to 515,700 vehicles) compared to the same time last year. According to Mercedes, Electric vehicles continued to be the main growth driver in the quarter, with passenger cars sales more than doubling (123%) to reach 56,300... More
