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Tesla’s slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids.

No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.

    • Fisch@lemmy.mlEnglish
      3·
      8 months ago

      Not gonna be able to afford that as a first car but I think that’s a reasonable price. Hopefully I’ll be able to buy an EV like that after a few years of working. Would be cool if there was an EV I could afford as a first car tho but the used market is probably just not there yet.

      • Celestus@lemm.eeEnglish
        1·
        8 months ago

        Mine is fully equipped, but the base model is approaching the $25k limit for the used EV tax credit, which gets you $4000 off. Depending on your tax situation, that ends up being a ~$20k car. Not quite as cheap as an older Model 3, but give it a few months, and it might be a viable option