Last month, Tesla made one of the greatest price drops in EV history slicing its Model Y by almost 20%. The move sent shockwaves through the auto industry. A few weeks later, Ford made its own price cut on the Electric Mustang Mach-E. So what can Tesla and Ford’s price changes tell us regarding the fate of the EV market?
Tesla and Ford’s recent price cuts on their electric vehicles have sparked debates about the future of the EV market. Will it lead to an EV price war? In this video, we explore the implications of these price cuts and what it could mean for other automakers and consumers.”