Ford's Former CEO Says Ford Needs To Compete With China On Price -- October 3, 2024

Locator: 48481EVS.

I can't make this stuff up.

Link here. 

Here in the states, we're going the wrong direction.

From the linked article:

Tesla is no longer selling the sub-$40,000 rear-wheel drive Standard Range version of the Model 3 that has been in the company’s lineup since 2023.

The most affordable trim is now the Model 3 RWD Long Range that starts at $42,490.

The change was first pointed out by Electrek and comes as Tesla announces a year-over-year increase of vehicle deliveries in its third quarter of 2024.

Tesla has slashed — and raised — prices numerous times over the past few years as it struggles to retain its pole position in the market. But an increasing number of customers have strayed to other vehicle brands, leaving Elon Musk’s company grappling with year-over-year sales decreases.

Tesla also occasionally discontinues certain trims, often without notice or fanfare. Earlier this year, the company stopped offering the $60,990 RWD Cybertruck, the cheapest version of its angular EV truck.

Holy mackerel! The least expensive pickup truck offered by Tesla was $61K!