Electric vehicles have been called the future of the automotive industry. As competition and incentives have made EVs more affordable, the tipping point for when they become a better value than gas-powered cars may be on the horizon. Chevrolet, Hyundai, and Nissan lowered prices on their entry-level EV models and Tesla cut its prices across its model line, increasing the number of vehicles that could benefit from government tax credits allowed by the Inflation Reduction Act. The subsidies could help achieve price parity with gas cars by year's end.

SEE HOW EVS HAVE CLOSED THE GAP ON GAS CARS IN COST

Twitter CEO Elon Musk "laughed" at Meta, the parent company of Facebook and Instagram, for introducing a paid subscription service for users to receive a verified blue badge. On his Twitter account, Musk replied with a laughing emoji to a meme posted by a user that implies that Meta CEO Mark Zuckerberg is copying his fellow billionaire's idea of a paid verification subscription fee. In a separate tweet, Musk said Meta's decision to use a service similar to Twitter Blue was "inevitable."

SEE MUSK'S -- AND THE PUBLIC'S -- REACTION TO META'S PLAN

As 2023's first daylight saving time (DST) change approaches, the debate on whether the biannual change should be permanent has once again come to light. At least 19 states are reportedly pushing to keep DST permanent through legislation or resolutions. However, Congress is yet to act, stalling the states' implementation of the changes to DST while the deadline to take action rapidly approaches (DST is March 12).

SEE THE PROS AND CONS FOR PULLING THE PLUG ON DST

What year was Daylight Savings Time enacted in the U.S., and why?

Monday's answer: Jimmy Carter won the Nobel Peace Prize in 2002 for his life's work. Other former U.S. presidents to receive the award were Franklin Roosevelt, Woodrow Wilson and Barack Obama.