The Tesla Model 3 is one of the most popular and sought-after electric cars currently competing in the new car market. With the recent Highland update and last year's substantial price cut, the model's popularity appears to only be increasing. Unfortunately, from an investment standpoint, you always stand to lose a lot of money when buying any electric car. EVs tend to depreciate a lot faster due to multiple instances. A lack of education and understanding places a big toll on how these cars hold their values so poorly.

Here's How Much The Tesla Model 3 Depreciates After 5 Years

The Drive

Critics wanted a redo after the first test, so they got one. The results were the same.

Tesla Cybertruck Loses to Model X in Towing Range Test—Again

After she got divorced in 2021, Sora Lee bought a brand new Tesla Model 3 for just over $70,000. But she now wishes she had spent the money differently. "I just really wanted a Tesla because it's something my ex wouldn't let me [have], and I regret buying that full price," the 34-year-old tells CNBC Make It. "Huge mistake."

34-year-old earning $400,000 a year: I regret buying a brand-new Tesla—it was a 'huge mistake'

While it's been said in the past, this year has been one of the best years when it comes to the automotive industry. With some highly anticipated vehicles released in 2024 and others getting some major upgrades, it raises interest in how these cars drive from an in-person perspective. The good news is that some of the journalists at TopSpeed had their hands full while reviewing some of the best electric and hybrid vehicles that are out this year.

10 Best Electric And Hybrid Vehicles We've Driven So Far in 2024

[Stay on top of transportation news: Get TTNews in your inbox.]. Electric vehicle prices are falling fast in the U.S., but the cheapest models remain far more costly than what other countries have on offer. The BYD Seagull sells for about $10,000 in China, the Dacia Spring starts at $20,000 in Europe, the Renault Kwid e-Tech costs $19,000 in Brazil, and the Kia Ray goes for $22,000 in South Korea.

The $25,000 Electric Car Is Coming to US Soon

CarBuzz.com

Tesla CEO Elon Musk confirms that a Model Y update won't arrive in 2024. Rumors have suggested a facelifted version would debut this year, following the Model 3 refresh. An update is needed to keep Model Y competitive, especially in the face of new challengers from China. The Tesla Model...

Elon Musk Has Bad News About The Tesla Model Y

Did you ever fantasize about road-tripping in business-class style, but you don't have the cash to make that dream a reality? Well, the used electric vehicle market is hot right now, and it's making seemingly unattainable models like the Mercedes-EQS available at unbelievably low prices. The EQS is—in theory, anyway—the...

A Used Mercedes-Benz EQS Can Be Yours For New Tesla Model 3 Prices

Irish Star

Tesla's parking lots, ports, and factories appear to be filling up with unsold electric vehicles (EVs) around the world as the automaker's first quarter saw deliveries drop 8.5 percent from the year before

Unsold Teslas pile up in EV graveyard as Elon Musk's financial woes deepen

Yesterday Tesla held the company’s annual shareholders’ meeting where among other topics Elon Musk revealed plans for a “special Cybertruck” that will be launched next year with major design changes that will allow it to comply with regulations in China and Europe. This was certainly exciting...

Elon Musk Shows-Off 3 Next-Gen Tesla Vehicles, Including a Tesla Van—Musk Says, "We Got Some New Products We're Working On, They're Going to be Pretty Special”

The Avadi MA-250 engine is a compact, high-efficiency internal combustion engine that has the potential to revolutionize the industry with its innovative design and impressive performance. One of the standout features of the Avadi MA-250 engine is its unparalleled thermal efficiency, with a brake thermal efficiency of 42.12 percent. The...

This Tiny Rotary Engine Packs A Wallop For Its Size

TopSpeed has rendering a new version of the Tesla Cybertruck that looks a little more normal without losing that typical Tesla flair.

Here's What The Tesla Cybertrcuk Should Have Looked Like

The Tesla Model 3 and Model Y are both relatively affordable EVs, but both serve a slightly different audince - here's how they stack up.

Tesla Model 3 Vs. Model Y In-Depth Comparison

A fascinating new test highlights the impressive difference EV-specific tires can make on the efficiency of a Tesla Model 3 – though it would also apply to other vehicles. Electric vehicles have had an interesting impact on the tire industry. Like many other aspects of cars, electric vehicles have pushed tires toward efficiency optimizations.

Here’s how big of a difference tires can make on Tesla Model 3

The biggest batteries in electric vehicles are typically lithium-ion packs, crucial for addressing key challenges like range, performance, and charging infrastructure. These large packs extend the driving range, mitigating range anxiety and making EVs more comparable to traditional vehicles. They also enhance performance, delivering ample power for quick acceleration and sustained high speeds, which appeals to both enthusiasts and everyday drivers alike.

10 Electric Cars With The Biggest Battery Packs

Despite the hype surrounding electric vehicles (EVs), Toyota’s focus on hybrid technology appears to be a winning strategy. Sales figures for the first quarter of 2024 reveal a remarkable surge of 138% for the Prius compared to the same timeframe last year. This trend indicates that consumers might be...

Toyota Prius Sales Surge: Hybrids Outshine EVs in 2024 Market Trends

After spending roughly three-quarters of a million dollars on nine electric cars for long-term testing purposes, our friends at Edmunds put together a list of EVs that they would buy again after driving them for several tens of thousands of miles. That said, some of the cars in the publication’s...

Edmunds Owns Nine EVs. Three Of Them Wouldn’t Be Bought A Second Time

Tesla has done it again! As electric vehicles become more affordable due to increased competition, lower raw-material costs, and more efficient manufacturing, innovations in EV technology will continue appealing to consumers compared to traditional gas-guzzling vehicles. A popular vehicle for the company, the Tesla Model S Plaid, is unique in...

Dashcam footage shows Tesla Model S Plaid flying by at full speed on professional track: 'He got up to about 190mph'

San Diego, CA

The EV manufacturer is on the brink of bankruptcy and looking to sell off inventory. Fisker is offering employees huge discounts on the Ocean One, Ocean Extreme, and Ocean Ultra. Several hundred Oceans were recently spotted at a port in San Diego. It would be an understatement to say that...

Fisker Is So Desperate It’s Offering Ocean EVs To Employees For Just $20,000

This March, Tesla launched a few new optional configurations for the Cybertruck: a brand-new Tactical Gray interior and all-season tires with core wheel covers. Until now, the only Cybertruck options available have been the Foundation Series Cybertruck AWD and tri-motor Cyberbeast. Besides differences in performance, both Cybertruck options are nearly identical in all aspects.

Tesla Has Produced the First Batch of Tactical Gray Cybertrucks Intended For Customer Deliveries

Why are Toyota's so reliable? From the plant to its philosophy, let's look at why the 2024 Camry, Tacoma, and 4Runner will be so successful - watch our video!

Why Do Toyota Models Offer Bullet-Proof Reliability

NewsBreak

Here's How Much A 1-Year-Old Tesla Model X Is Worth Today

When the time comes to shop around for new or pre-owned EVs, Tesla is an obvious go-to. Whether you prefer a sedan, SUV, or pickup truck,...

Here's How Much A 1-Year-Old Tesla Model X Is Worth Today

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