Here’s some good news for electric cars: They’re cheaper than ever. Here’s some bad news for electric cars: They’re cheaper than ever.

If this sounds like a paradox, it shouldn’t. On Friday, Tesla Inc. cut prices in China for its best-selling Model 3 sedan by 5.9%, lowering the starting price to 245,900 yuan ($34,300). That pushes the cost of a new vehicle below $35,000 — a fabled level that Elon Musk has been promising since 2016, but (mostly) has failed to deliver.

QOSHE - EVs Are Cheaper Than Ever. That’s Bad for EV Owners - David Fickling
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EVs Are Cheaper Than Ever. That’s Bad for EV Owners

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15.01.2024

Here’s some good news for electric cars: They’re cheaper than ever. Here’s some bad news for electric cars: They’re cheaper........

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