Auto-New Domestic

The U.S. government has paid auto dealers over $580 million in advance point-of-sale consumer electric vehicle tax credit payments since January 1, allowing buyers to take advantage of the $7,500 new EV credit or the $4,000 used EV credit.

Auto Insurance

Advanced technology in new vehicles may enhance safety and crash prevention, but it also leads to higher repair costs, higher claims, and longer cycle times in the property/casualty insurance industry, according to according to CCC Intelligent Solutions Inc.

Auto-New Domestic

In a recent memo, Elon Musk said workforce reduction is in response to cost-cutting and productivity for future growth. This decision comes as Tesla's shares fall over 5%, reflecting challenges such as decreased electric vehicle sales growth and increasing competition.