Ford Offers $1,500 Rebate to Lure Tesla Owners to Buy Electric F-150 or Mustang SUV
- Ford offering $1,500 rebate to Tesla owners who buy a Ford F-150 Lightning or Mustang Mach-E SUV
- Incentive runs through July 8, 2024 for 2023 and 2024 model years
- Targets Tesla owners specifically to try to boost Ford's EV sales
- Comes as EV growth is slowing in US and demand concerns mount
- Ford recently pushed back production timelines for future EVs by 1-2 years