EV Discussion Thread

[BigNerd]

I was going to post here:

Prediction that other EV manufacturers will react to Tesla price cuts

Tesla showed their hand today, and however you feel about Elon, guy is a business guru. A large cut in prices today (while a little can be attributed to micro), a lot of it has to be macro. I don’t think most understand the magnitude of this, but it is the canary in the coal mine. Why should you not buy a car today or this month (or really for 2 or 3 months if you can hold out)? If you’re on this forum, odds are you care about getting a good deal. There are very few (almost none) good deals t…

But it seems like I’m seeing a lot more price cuts from non-Teslas.

Even Hyundai that is doing well in EV sales has recently dropped some incentives:

https://electrek.co/2024/02/22/hyundai-cuts-ioniq-5-price-rare-0-finance-offer/