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Tesla's pricier-than-expected Cyber truck pickup, which offers driving range s that fell well short of what CEO Elon Musk had promised, has deeply disappointed some but fascinated others with its futuristic, SUV-like feel. The Cybertruck, two years behind schedule, enters a hot pickup truck market to compete with the likes of Ford's F150 Lightning, Rivian Automotive's R1T and General Motors' Hummer EV. Reddit co-founder Alexis Ohanian, who was among the first dozen customers to pick up the vehicle on Thursday, said the Cybertruck drives and feels like Tesla's Model X sport utility vehicle. "Initial feeling about this vehicle - smooth, drives a lot like my Model X. It is big but not unwieldy," Ohanian said as he live-streamed his first drive of the Cybertruck on social media platform X. He said he'd be the "coolest dad" picking up his kid at school. Starting at $60,990, the Cyber truck is over 50% more expensive than what...

The national average gas price has fallen 35 cents from a 2023 peak in September, AAA data shows. U.S. households are suffering the pinch of fast-rising prices for everything from biscuits to rent to men's underwear, government data shows. But one major expense has offered welcome relief in recent weeks: gasoline. The national average price has dropped about 35 cents a gallon from a 2023 peak in mid-September, sliding to a current level of $3.52, AAA data shows. That amounts to a more than 9% decline over the last month. In Georgia and Mississippi, the states with the lowest gas prices, the average price per gallon has dipped below $3, according to AAA. "More [ state s] will follow in the next few days," Andrew Gross, an AAA spokesperson, told ABC News, adding that he expects a continued decline in the national average. MORE: TEXT Texas, Louisiana, Alabama and South Carolina are seeing average gas prices below $3.10 a gallon, AAA data shows. In California, the state with ...

Another drop for stocks has Wall Street on track to close out its first losing week in the last six NEW YORK -- Another drop for stocks on Friday has Wall Street on track to close out its first losing week in the last six. The S &P 500 was 0.4% lower in afternoon trading, pulling back further from last week when it reached its highest level in more than a year. The Dow Jones Industrial Average was down 135 points, or 0.4%, at 33,812, as of 1:56 p.m. Eastern time, while the Nasdaq composite was 0.5% lower. Overseas markets also fell, while crude oil prices sank on worries that a global economy under threat of a recession will burn less fuel. Europe’s economy appears to be weaker than expected, according to a preliminary report measuring manufacturing and services Business es. That’s adding to this week’s hesitance in market s, caused by a crank higher in interest rates by central banks around the world as they try to get high i NFL ation under control. High rates drive down i NFL a...