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'

The Tesla Model 3 is the second-best-selling EV, following its crossover cousin, the Model Y. Late last year, Tesla introduced the much-awaited Highland refresh, but it debuted in two trims only – the RWD and the AWD. The Performance trim took a while to come, but when it finally did, it showed improvement over its predecessor. While the lineup looked complete with something for every potential customer, the cheapest Tesla Model 3 was still a little pricey for what’s essentially an entry-level model. The 2024 Tesla Model 3 RWD starts at $38,990, and it is NOT eligible for federal tax credits.

The Tesla Model 3 Long Range RWD Is Effectively Cheaper Than The Standard RWD

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

GOBankingRates

Many people assume that millionaires just spend, spend and spend some more, but that's not always the case. Often, the rich save a lot more than they spend, making themselves even richer over time....

I’m a Millionaire: Why I Bought the Cheapest Tesla I Could Buy

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

New York City, NY

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

The world is moving towards electrification and a side effect of this is that traditional gas-powered engines are downsizing. More and more four-cylinder engines are popping up, with forced induction making them just as powerful as the V-shaped engines that they’re replacing. This has, of course, caused quite a stir.

The Most Powerful Gas-Powered Four-Cylinder SUV Available In 2024

Elon Musk is a man with many brands — but for electric vehicle shoppers, his personal brand has become increasingly toxic. In a survey of more than 7,500 of its readers, The New York Times found that a "vast majority" of respondents were critical of Musk's political views and erratic behavior. And crucially for Musk's bottom line, those sentiments seem to extend to their feelings about Tesla vehicles.

Drivers Are Not Buying Teslas Specifically Because of Elon Musk’s Annoying Behavior

CFMoto unveils the 675SR-R sports bike with a triple-cylinder engine, challenging the norm in the middleweight class. The 674cc engine delivers 94 HP, putting it in competition with Triumph and Honda offerings. It impresses with adjustable KYB suspension, aggressive design, and features like Bluetooth and quickshifter. After repetitive headlines via...

Watch Out Triumph Daytona, The CFMoto 675SR-R Is Out Of The Bag

While it remains to be seen if electric vehicles will gain total mainstream acceptance, there is no question that the EV Revolution has begun. All major automakers offer fully electric rides or will introduce them soon, and some have vowed to electrify their entire fleets in the near future. One way car companies are trying to convince people to make the switch is by producing all-electric versions of their popular models, but that's something that could backfire, especially with iconic nameplates.

10 Iconic Cars That Should Never Fall Victim To Electrification

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Total Apex Sports & Entertainment

Do your loved ones consult you regularly when they face a crisis? Intelligence is a branch of psychology that lacks a standard definition. Some scientists claim that it is a single ability and others state it comprises aptitudes and skills. Intelligent zodiac signs learn from their experiences and easily recognize and solve problems.

5 Most Intelligent Zodiac Signs

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Power-pulling events attract a specific type of crowd hungry for the roar of high-boost coal-rolling diesel engines. That’s why it’s not surprising that taking a Tesla Cybertruck or any other EV pickup to one of these venues won’t please the fans, especially if its performance isn’t significantly better than that of a diesel truck.

Tesla Cybertruck Attends Tractor Pull, Is Told To 'Go Back To California'

Some used cars are less reliable than others, based on Consumer Reports’ Annual Auto Surveys from owners. 20% of the list of 60 model years include hybrid, plug-in, and electric vehicles. Certain model years of reliable makes can be problematic. A used car can be a great value, but...

Used cars to avoid? Chevy, Ford top Consumer Reports’ list

In recent years, no segment has seen as much growth as the SUV segment, with the demand for crossovers playing a significant role in its development. Blending the drivability of smaller sedans and hatchbacks with the practicality of the standard SUV, crossover SUVs have become too good to ignore for many buyers on the market.

The Most Reliable Japanese SUV In 2024

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

For most of us, owning a new luxury SUV just isn’t in the cards. Between their incredibly high starting prices and the near-extortionate amount that you pay for maintenance, it just isn’t worth it. However, with the rate at which luxury cars depreciate, finding a plush used car isn’t a difficult task by any means.

10 Used Luxury SUVs That Are Reliable And Cheap

Tire Rack, an online tire seller, recently tested nine tires on the 2023 Tesla Model 3 Performance to find which worked best for driver needs. “Electric Vehicles (EVs) have been a rising force in the automotive industry for some time,” Tire Rack says on its website. “Their greater upfront torque, heavier weight, and focus on sustainable longevity have seen an outpouring of new tires from many manufacturers attempting to address the specific needs of EVs.”

Tire Rack puts 9 tires to the test on Tesla Model 3

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

Elon Musk's comments about his frugal spending habits have been widely publicized, including that he stays in friends' spare rooms when working at Tesla's Bay Area headquarters. Of course, Business...

How ‘Frugal’ Billionaire Elon Musk Splurges: An Inside Look at His $78 Million Private Jet

NewsBreak

Here's How Much A 5-Year-Old Tesla Model 3 Is Worth Today

The Tesla Model 3 has been a popular choice among electric vehicle enthusiasts since its launch in 2017. As with any car, the value of a...

Here's How Much A 5-Year-Old Tesla Model 3 Is Worth Today

Comments / 0