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Tesla outsold BMW, Mercedes-Benz and Lexus to become the best-selling luxury car brand in the United States in 2022 with its four-model lineup.
The Tesla Model Y and Model 3 were the two best selling vehicles in California last year, while Tesla was number two behind Toyota in total sales.
Ford has announced price reductions for the Mustang Mach-E electric SUV that go into effect immediately and range from $600 to $5,900, depending on the model.
The US will require more than two million electric vehicle chargers by the end of the decade – up from 150,000 now.
Tesla has responded to increased competition in the electric-car segment by cutting into its large profit margins, sending ripples across the auto industry – and delivering customers big savings.