Tesla price cut 'puts pressure on owners,' expert says | LiveNOW from FOX
Tesla's massive price cuts are shaking up the auto industry and impacting decisions for current owners and prospective buyers. "These price cuts, as well as inventory on the ground, will win Tesla market share and help consumers overlook the brand's aging lineup," said Jessica Caldwell, Edmunds' executive director of insights. The Tesla website shows the Model Y with the largest drop in sticker price, from $65,990 to $52,990, a 20% decrease. The lowest-priced Model 3 dropped to $43,990 from $46,990, a 6.4% drop For people currently in, or considering entering, the Tesla market -- price cuts of 20% or more don't come around often, so acting now is in your best interest before any corrections in the opposite direction. For current Tesla owners, the best course of action is to keep the keys and wait for the market to shift. Eventually the value of your Tesla will normalize the longer it's in your possession. More LiveNOW from FOX streaming video
Tesla's massive price cuts are shaking up the auto industry and impacting decisions for current owners and prospective buyers. "These price cuts, as well as inventory on the ground, will win Tesla market share and help consumers overlook the brand's aging lineup," said Jessica Caldwell, Edmunds' executive director of insights. The Tesla website shows the Model Y with the largest drop in sticker price, from $65,990 to $52,990, a 20% decrease. The lowest-priced Model 3 dropped to $43,990 from $46,990, a 6.4% drop For people currently in, or considering entering, the Tesla market -- price cuts of 20% or more don't come around often, so acting now is in your best interest before any corrections in the opposite direction. For current Tesla owners, the best course of action is to keep the keys and wait for the market to shift. Eventually the value of your Tesla will normalize the longer it's in your possession. More LiveNOW from FOX streaming video
Vice President Mike Pence discovered classified documents in Indiana home
Vice President Mike Pence informed Congress Tuesday that he discovered documents bearing classified markings in his Carmel, Indiana, home on Jan. 16 from his time as vice president.
Vice President Mike Pence informed Congress Tuesday that he discovered documents bearing classified markings in his Carmel, Indiana, home on Jan. 16 from his time as vice president.
Biden to pick Jeff Zients as next chief of staff: AP sources
Jeff Zients ran the administration's response to the COVID-19 pandemic at the start of Biden's term.
Jeff Zients ran the administration's response to the COVID-19 pandemic at the start of Biden's term.
FBI searched Biden's home, found more classified documents: lawyer
A lawyer for the president said the search took place Friday.
A lawyer for the president said the search took place Friday.
Illegal U.S.-Mexico border crossings surge to highest levels since Biden took office
U.S. authorities stopped migrants 251,487 times along the Mexican border in December.
U.S. authorities stopped migrants 251,487 times along the Mexican border in December.
Ron Klain, Biden's chief of staff, expected to leave White House
Ron Klain's tenure as chief of staff is the longest for a Democratic president in modern times.
Ron Klain's tenure as chief of staff is the longest for a Democratic president in modern times.
Elon Musk takes stand in Tesla tweets trial
Elon Musk took the witness stand Friday to defend 2018 tweets claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. Some investors said the tweet cost them millions. At one point during Musk's testimony, he said, "I care a great deal about retail investors. They are our most loyal and steadfast investors." The trial hinges on the question of whether a pair of tweets that Musk posted on Aug. 7, 2018, damaged Tesla shareholders during a 10-day period leading up to a Musk admission that the buyout he had envisioned wasn?t going to happen. More LiveNOW from FOX streaming video
Elon Musk took the witness stand Friday to defend 2018 tweets claiming he had lined up the financing to take Tesla private in a deal that never came close to happening. Some investors said the tweet cost them millions. At one point during Musk's testimony, he said, "I care a great deal about retail investors. They are our most loyal and steadfast investors." The trial hinges on the question of whether a pair of tweets that Musk posted on Aug. 7, 2018, damaged Tesla shareholders during a 10-day period leading up to a Musk admission that the buyout he had envisioned wasn?t going to happen. More LiveNOW from FOX streaming video
Elon Musk takes witness stand to defend Tesla buyout tweets
Elon Musk was summoned to court Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.
Elon Musk was summoned to court Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.
By the numbers: A look at President Biden's first 2 years in office
President Joe Biden notches two years in office on Friday, Jan. 20. The story of the first half of his term, at least by the numbers, is a mixed bag.
President Joe Biden notches two years in office on Friday, Jan. 20. The story of the first half of his term, at least by the numbers, is a mixed bag.
Judge fines Trump, lawyer for 'frivolous' Clinton lawsuit
In a blistering filing, U.S. District Judge Donald M. Middlebrooks accused Trump of a "pattern of abuse of the courts" for filing frivolous lawsuits for political purposes, which he said "undermines the rule of law" and "amounts to obstruction of justice."
In a blistering filing, U.S. District Judge Donald M. Middlebrooks accused Trump of a "pattern of abuse of the courts" for filing frivolous lawsuits for political purposes, which he said "undermines the rule of law" and "amounts to obstruction of justice."
VP Kamala Harris promotes clean energy project in Arizona, doesn't visit border | LiveNOW from FOX
Vice President Kamala Harris arrived in Arizona on Jan. 19 where she highlighted federal efforts to create a "clean energy economy." Harris visited Tonopah, a town about 50 miles west of Phoenix, for the groundbreaking of the Ten West Link Transmission Line, an energy infrastructure project intended to connect power grids in Arizona and California. Although today?s visit was all about clean energy, critics want the White House to turn more of its attention to the southern border. ?You come to a border state where you have border community needs, that we are addressing border issues every day, the tragedies of it the sadness of it," Cochise County Sheriff Mark Dannels said. "We can?t get our vice president to even acknowledge it while she is in our state or while she is in Washington DC.? More LiveNOW from FOX streaming video
Vice President Kamala Harris arrived in Arizona on Jan. 19 where she highlighted federal efforts to create a "clean energy economy." Harris visited Tonopah, a town about 50 miles west of Phoenix, for the groundbreaking of the Ten West Link Transmission Line, an energy infrastructure project intended to connect power grids in Arizona and California. Although today?s visit was all about clean energy, critics want the White House to turn more of its attention to the southern border. ?You come to a border state where you have border community needs, that we are addressing border issues every day, the tragedies of it the sadness of it," Cochise County Sheriff Mark Dannels said. "We can?t get our vice president to even acknowledge it while she is in our state or while she is in Washington DC.? More LiveNOW from FOX streaming video
Elon Musk depicted as liar and visionary during Tesla tweet trial
The descriptions of Elon Musk emerged Wednesday in a trial focused on a Tesla buyout that didn’t occur. The case focused on two tweets indicating that Musk lined up the financing to take Tesla private at a time when the automaker’s stock was slumping.
The descriptions of Elon Musk emerged Wednesday in a trial focused on a Tesla buyout that didn’t occur. The case focused on two tweets indicating that Musk lined up the financing to take Tesla private at a time when the automaker’s stock was slumping.
White House defends its delayed disclosure of classified docs found in Biden's home
The White House is brushing aside criticism of its fragmented disclosures about the discovery of classified documents and official records at President Joe Biden’s home and former office.
The White House is brushing aside criticism of its fragmented disclosures about the discovery of classified documents and official records at President Joe Biden’s home and former office.
Elon Musk drama shifts from Twitter to tweets about billion-dollar Tesla buyout
Elon Musk claimed in a 2018 tweet that he had lined up the financing to pay for a $72 billion buyout of Tesla. But the buyout never materialized.
Elon Musk claimed in a 2018 tweet that he had lined up the financing to pay for a $72 billion buyout of Tesla. But the buyout never materialized.
Americans should 'pay attention' to MLK's legacy, Biden says in Ebenezer sermon
Biden was invited to Ebenezer, where King served as co-pastor from 1960 until he was assassinated in 1968.
Biden was invited to Ebenezer, where King served as co-pastor from 1960 until he was assassinated in 1968.
President Biden delivers sermon at MLK Jr.'s church in Atlanta
President Biden delivered a sermon on Sunday at Ebenezer Baptist Church in Atlanta, marking the birthday of Martin Luther King, Jr.
President Biden delivered a sermon on Sunday at Ebenezer Baptist Church in Atlanta, marking the birthday of Martin Luther King, Jr.
Biden classified documents: Lawyers find more at Wilmington home
The White House said Saturday that lawyers for Biden found more classified documents at his home in Delaware than previously known.
The White House said Saturday that lawyers for Biden found more classified documents at his home in Delaware than previously known.
Classified documents: 5 more found at Biden's home, WH says
The White House revealed Saturday that five additional documents with classified markings were found at President Biden's home in Wilmington, Delaware.
The White House revealed Saturday that five additional documents with classified markings were found at President Biden's home in Wilmington, Delaware.
Elon Musk rebuffed in bid to move Tesla tweet trial to Texas
Tesla CEO Elon Musk was unsuccessful in his bid to move his trial over a misleading tweet about a potential buyout, saying that negative coverage since his Twitter purchase has poisoned the jury pool in San Francisco.
Tesla CEO Elon Musk was unsuccessful in his bid to move his trial over a misleading tweet about a potential buyout, saying that negative coverage since his Twitter purchase has poisoned the jury pool in San Francisco.
Trump Organization fined $1.6 million for tax fraud
Former President Donald Trump’s company was fined $1.6 million Friday for a scheme in which top executives dodged personal income taxes on lavish job perk
Former President Donald Trump’s company was fined $1.6 million Friday for a scheme in which top executives dodged personal income taxes on lavish job perk