Finance

EV prices are rising again as automakers pull back on discounts

EV prices are rising again as automakers pull back on discounts

Finance—

For the first time in 2026, EV prices are rising. In July, the average transaction price for a new fully electric vehicle jumped to $56,126, per Kelley Blue Book. That’s a 1.6% increase compared to the same month in 2025, and a 1.2% rise compared to June. The increase breaks a monthslong trend. EV…

Tesla ends 3-year strike in Sweden by throwing money at it

Tesla ends 3-year strike in Sweden by throwing money at it

Finance—

Elon Musk’s long battle with Tesla’s striking workers in Sweden is finally coming to an end. On Thursday, IF Metall said it is suspending its nearly three-year industrial action against Tesla, effective August 19, after the company bought out all of the Swedish union’s striking workers. The…