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U.S. automakers expected to target 50% EV sales by 2030

U.S. automakers expected to target 50% EV sales by 2030

WASHINGTON – Detroit’s Big Three automakers plan to announce on Thursday that they aspire to have 40% to 50% of new vehicle sales by 2030 be electric models as they call for billions in U.S. government assistance to meet aggressive targets, sources briefed...
Tesla Model S price increases yet again to $89,990

Tesla Model S price increases yet again to $89,990

Tesla jacked up the price of its flagship Model S sedan another $5,000 overnight, further inflating a base MSRP that has now climbed more than $20,000 since October, when CEO Elon Musk gamely announced that it would be offered for $69,420.  Those price increases...