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 Tesla Model 3 Performance is not the fastest car in the electric vehicle maker’s lineup. The Model S Plaid, Model X Plaid, and the Cyberbeast could easily beat it when it comes to 0-60 mph times. But with a 0-60 mph time of 2.9 seconds and a top speed of 262 km/h (163 mph), the reengineered Tesla Model 3 Performance is no slouch.

Reengineered Tesla Model 3 Performance looks stable and at home in top speed Autobahn run

If you’re looking for a new or used car, there’s a good chance you checked out the Consumer Reports website at least once during your research. With help from its expansive member pool, CR conducts a bunch of surveys every year, which try to find out what the best and worst consumer items for sale in the United States are, including cars.

These Are The Worst Used Electric Cars, According To Consumer Reports

Despite a well-received refresh, Tesla’s Model 3 deliveries have fallen short of expectations in the first half of 2024. The culprit? Pricing. The base and long-range versions missed out on the federal tax credit due to their battery components, making them more expensive than the Model Y for qualified buyers.

Tesla Model 3 Update: Tax Credit Shifts & Battery Innovations Ahead

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

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'

Business Insider

Tesla is building its electric vehicles for cheaper than the competition, giving Elon Musk a leg up in a slowing EV market.

Tesla still has one massive leg up on every automaker that could keep the EV price war going

Polestar has expanded its Polestar 3 line-up with the addition of a rear-wheel drive Long-range Single motor variant. Priced from $85,000 USD, this new model is now available to order in Europe, with North America and Australia following later in 2024. The Polestar 3 Long range Single motor offers up...

Rear Wheel Drive Makes Its Way to the Polestar 3

The last several months have been messy for the electric vehicle industry, to put it mildly. Major players like General Motors, Ford and Mercedes-Benz are pumping the brakes on their electrification efforts, citing uneven and unpredictable consumer demand. Many drivers remain hesitant to go electric because they’re worried about a lack of charging stations and insufficient range.

The Facts Are In: It’s Not Looking Good For Internal Combustion

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

CarBuzz.com

Polestar 3 Long Range Single Motor offers 404 WLTP miles, 295 hp, and 361 lb-ft of torque. Affordable, rear-wheel-drive model with 111 kWh battery and 30-minute 10-80% charging. US pricing is unconfirmed, but will likely qualify for $7,500 tax credit due to US manufacturing. A month after the news was...

Single-Motor Polestar 3 Comes Out Swinging For The Tesla Model X

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Total Apex Sports & Entertainment

People have different levels of maturity. An individual’s age or upbringing can make them possess certain traits. Yet, most people believe that one matures as they grow old. On the contrary, some zodiac signs appear childish in old age. They are jumpy and careless. This strains their relationships with signs who misunderstand them. Air and fire signs are temperamental and some people refer to them as being childish. How can you identify an immature sign?

3 Zodiac Signs Who Are Immature

There’s no getting around it: Electric vehicles are still more expensive, by and large, than conventional gas-powered ones. The good news is that the federal tax credit for EV buyers can significantly slash the cost of going electric. The only roadblock is knowing which vehicles are actually eligible for...

Which Teslas Qualify For The EV Tax Credit In 2024?

An electric vehicle’s largest, most important and most expensive component is its high-voltage battery pack. Many newer bespoke EVs are built around their battery pack, and some have even incorporated it as an integral part of their chassis structure. The battery pack must store the vast amounts of electricity required by an EV, not only to provide enough power for daily driving but also to ensure a sufficient range to minimize the owners' charging anxiety.

12-Volt Batteries On Electric Cars: Everything You Need To Know

FinanceBuzz

Tesla may be the big name in the electric vehicle market, but there are plenty of other makers that you might want to check out.

14 Tesla Competitors That Are Here to Take Over The EV Market

“It’s not really a question of balls,” said Dani Sordo, three-time World Rally Championship stage winner, a day before taking on the legendary Pikes Peak International Hill Climb in a new car that was as brutally fast as it was totally unproven. “Because the stage is quite nice, even if there are some big drops.”

How Hyundai Took Tesla’s Lunch Money At Pikes Peak

Interesting Engineering

This compact and powerful battery, designed for electric vehicles, achieves an 80% charge in a mere four minutes.

Record-shattering Nyobolt’s EV battery charges 10-80% under 5 minutes

Colorado State

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Cripple Creek, CO

Colorado Jill

(Colorado) Colorado has many gems - Pikes Peak, Rocky Mountain National Park, Maroon Bells, and two of Thomas Dambo's wooden trolls. Dambo is a Danish artist, and his trolls are worldwide. Each troll serves as a unique tribute to the place they inhabit, honoring the history and culture of the location.

"Rita the Rock Planter" should be on your Colorado summer bucket list

Besides a new Cherokee and Renegade, Jeep is working on a redesigned Compass. The models will be joined by facelifted versions of the Grand Cherokee and Wagoneer / Grand Wagoneer. Jeep is also embracing electrification and will offer a total of six EVs by the end of 2027. Jeep recently...

Jeep Confirms New Compass, Updated Grand Cherokee And Wagoneer

Tesla is now distinguishing its cars between battery suppliers in order for people who are eligible for the tax credit to get it. Electric vehicle manufacturers in the US are still adapting to the increasingly more stringent rules of the $7,500 federal tax credit for electric vehicles. The increased requirements...

Tesla now distinguishes cars by battery suppliers for tax credit eligibility

NewsBreak

Average Tesla Model 3, Model Y Battery Degradation After 200,000 Miles Impresses

Tesla recently shared a chart presenting the average battery capacity retention per distance traveled of the Model 3 and Model Y cars with Long Range battery...

Average Tesla Model 3, Model Y Battery Degradation After 200,000 Miles Impresses

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