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Ford and Tesla slashed car prices - but only one is giving customers who missed out their money back
2 monthes ago - By Business Insider
2021 Ford Mustang Mach-E. Tim Levin/Insider
Ford is working to refund Mach-E owners after cutting prices.
The move comes after Tesla's price cuts rankled current owners.
Ford is the first to hit back in Elon Musk's pricing war.
Ford is reaching out to its customers for refunds after cutting the price Monday of the electric Mustang Mach-E. Elon Musk's Tesla kicked off a pricing war earlier this month when it slashed the prices of its most popular vehicles. While the move drove a spike in new customer interest , current Tesla owners were peeved by the fact that they had shelled out more cash...
Read more ...It Took 6,000 Gallons of Water to Extinguish This Burning Tesla
2 monthes ago - By Jalopnik
Typically, it's best for your car to not be on fire. But sometimes, life has other, more on-fire plans for your car. And if you happen to be driving an electric vehicle, those fires are notoriously hard to put out. In the case of the latest Tesla that set itself on fire, it took thousands of gallons of water to...
Read more ...Ford falls after it slashes the price of the Mustang Mach-E in response to Tesla's recent price cuts
2 monthes ago - By Business Insider
The 2021 Ford Mustang Mach-E GT. Ford Shares of Ford fell on Monday after it became the first automaker to respond to Tesla's recent price cuts. The company slashed the price of its electric Mustang Mach-E by as much as 9% for certain trims. "We are responding to changes in the marketplace... We want to stay competitive," Ford said. Ford stock fell on Monday after it became the first automaker to respond to Tesla's recent electric vehicle price cuts. Ford is dropping the price of its electric Mustang Mach-E by as much as 9%, depending on the trim. The average price cut across all of its...
Read more ...Ford Follows Tesla, Slashes Mach-E Prices Across the Board
2 monthes ago - By Jalopnik
Ford has reportedly done some pretty significant slashing to the Mustang Mach-E 's price. Following in the footsteps of Tesla , the automaker is cutting prices on its electric crossover by as much as $5,900 per vehicle. That's not quite the 20 percent cut that Tesla made to some of its vehicles, but it's still a...
Read more ...Ford hits back at Tesla's price cuts by lopping nearly $6,000 off the Mustang Mach-E
2 monthes ago - By Business Insider
Ford is cutting the price of the Mustang Mach-E by up to $6,000 on some models. MARK RALSTON/AFP via Getty Images
A standard Mach-E now starts at $45,995.
Ford is hitting back after Tesla started an EV pricing war.
CEO Jim Farley has publicly put Tesla in his sights.
Ford is slashing the price of its electric Mustang Mach-E by as much $6,000, keeping pace with Tesla's sweeping price cuts, announced just weeks before. Ford is also increasing production of the Mach-E in an attempt to shorten wait times, which Marin Gjaja, chief customer officer of Ford's electric Model e division, said can...
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