17 January 2023

It begins

Worldwide EV Price War. Tesla just cut the price on the Model Y crossover model from $65 to $52K, less the $7.5K rebate. This makes it cheaper, for example, than the Hyundai Ioniq 5 in the US. This is still somewhat expensive for a car, but when you factor in longevity and cost of operation, these cars are now more economical than comparable gas powered cars on the basis of life of car overall cost, and, frankly, it's not even close. 

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