Despite Tesla's reported issues with build quality and the necessity for regular service visits, its cars hold their value at an almost unheard-of level. It does make us wonder why people would be ...

The average transaction price (ATP) of a new EV hit a whopping $55,544 in December 2024. This number was largely inflated by the increasing number of EV pickups and luxury EV sales. Tesla Cybertruck ...

Tesla’s base Model 3 and Model Y now have both cheaper starting prices than the average new car in the US. This could open the eyes of more buyers who didn’t consider going electric before. When ...

Khristopher J. Brooks is a reporter for CBS MoneyWatch. He previously worked as a reporter for the Omaha World-Herald, Newsday and the Florida Times-Union. His reporting primarily focuses on the U.S.