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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

CEO Jim Farley recently confirmed that the company would purse sub-$30,000 electric models with its next-generation product line, and said that its existing models would become better in the meantime. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices.

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Reuters: Tesla Has Ditched Its Affordable EV Efforts in Favor of Robotaxis

The Truth About Cars

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price. Image: Tesla] Become a& TTAC insider.

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Tesla Finally Appears to Make Moves Toward Building Affordable EV Model

The Truth About Cars

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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Tesla’s Elon Musk gives subtle nod to more affordable FSD monthly subscriptions

Teslarati

Tesla CEO Elon Musk appears to have given a subtle nod to the idea of more affordable Full Self-Driving (FSD) monthly subscriptions. Musk has not removed his like on the Tesla owners’s FSD subscription post as of writing. The service was only available for vehicles that were equipped with Tesla’s Hardware 3.0

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Tesla shares battery info on upcoming affordable compact vehicle

Teslarati

Tesla officially published its Master Plan Part 3 recently. The company shared battery information about its upcoming Tesla compact vehicle in Master Plan Part 3. Tesla revealed that one of its next-generation vehicles will be a compact car using lithium iron phosphate cells in a 53 kWh battery pack.

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Tesla just made leasing a Model 3 or Y more affordable than ever

Teslarati

Tesla just made leasing a Model 3 or Model Y more affordable than ever, offering rates as low as $329 a month for an all-electric vehicle. Tesla’s leasing program gives people the opportunity to have an EV for a slightly smaller cost than owning the vehicle outright, and the terms are variable, just as any other automaker offers.

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Jeep, Ram owner is launching affordable EVs next year

Electrek

Stellantis, the parent company behind Jeep , Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. The automaker aims to reduce prices on electric models to take on industry leaders like Tesla and incoming Chinese EV makers.

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