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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

While luxury automakers Audi, Mercedes-Benz, and Porsche all marked September 2023 with increases in pricing compared to the same month a year prior, Tesla helped offset these increases with cuts of its own in the United States. At last check, we had 15 new EV models for sale that were not available a year earlier.

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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

Especially if Congress removes the OEM cap which would mean at least a $7,500 tax credit and as much as $12,500, the Bolt has the potential to be the top selling EV in the US in 2022 other than models from Tesla. A fourth trend or finding is that YOY sales increased 154% for these EVs with publicly reported numbers.

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