Ford cuts EV price before earnings Mach-E
Ford’s Mustang Mach-E just got thousands of dollars cheaper. The American automaker cut the price of its electric SUV by up to $4,000 Tuesday, just hours before the release of its latest financial report. Demand for the Mustang Mach-E slowed 20% in the first quarter, Elektrek reports; the new cut could be Ford’s attempt to follow Tesla’s price-cutting strategy and attract more customers. Ford previously cut Mustang Mach-E prices by up to $5,900 in January, five months after hiking them by up to
Ford’s Mustang Mach-E just got thousands of dollars cheaper. The American automaker cut the price of its electric SUV by up to $4,000 Tuesday, just hours before the release of its latest financial report. Demand for the Mustang Mach-E slowed 20% in the first quarter, Elektrek reports; the new cut could be Ford’s attempt to follow Tesla’s price-cutting strategy and attract more customers. Ford previously cut Mustang Mach-E prices by up to $5,900 in January, five months after hiking them by up to