Posted 4/4/2024, 12:20:00 PM
Ford Cuts Prices on Mustang Mach-E EV, Highlighting Price Sensitivity of Electric Vehicle Market
- Lowering prices increases demand for items, making them "price elastic"
- Ford has lowered prices on the Mustang Mach-E EV, showing EVs are price elastic
- The U.S. used to offer a $7,500 tax credit for EVs, which made them cheaper
- One commenter laments the loss of broad EV tax credits due to Senator Manchin
- The writer congratulates the commenter and shares an unrelated song stuck in their head
