Automakers

Tesla threat moves from Mercedes to Ford as it cuts prices

Ford Mach E
Ford has been forced to discount its Mustang Mach-E SUV by about $4,500 on average in the U.S. to stay competitive with Tesla. (Ford)
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By:
Bloomberg
April 24, 2023 09:36 AM

Tesla has entered a new era: one in which Elon Musk keeps a different set of car executives up at night, while others rest a little easier.

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