EV Price War Likely To Intensify, Fueled by Aggressive Spending Plans
The price war that Tesla, Inc. (NASDAQ: TSLA) initiated two months ago in the electric vehicle (EV) industry is raging. Tesla has implemented two rounds of price cuts. Several Chinese carmakers have followed suit, and some U.S. EV manufacturers including Lucid Group, Inc. (NASDAQ: LCID) and Ford Motor Company (NYSE: F), on its Mustang Mach-E electric SUV, have felt compelled to reduce … Continue reading EV Price War Likely To Intensify, Fueled by Aggressive Spending Plans
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