Tesla price cuts push EV market toward affordability with broader influence
Teslarati
OCTOBER 12, 2023
Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. This helped to cancel out increases from BMW (4.4%), Daimler (11.5%), Ford (4.9%), GM (1%), Hyundai (2.8%), Stellantis (5.6%) and Volkswagen (4%). ” For Tesla, transaction prices decreased 5.5
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