It’s probably a good time to buy an electric car.
Ford is slashing the price of its electric Mustang Mach-E by as much $6,000, keeping pace with Tesla’s sweeping price cuts, announced just weeks before.
Ford is also increasing production of the Mach-E in an attempt to shorten wait times, which Marin Gjaja, chief customer officer of Ford’s electric Model e division, said can be up to 150 days currently.
Ford has already set its sights on Tesla. Now it’s the first to hit back in a pricing war started by Elon Musk earlier this month.
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