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Ford cuts price of electric mustang Mach-E in response to Tesla

Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500

Bloomberg News

Ford Motor Co. is slashing the price of its electric Mustang Mach-E by an average of $4,500 following Tesla Inc.’s own recent cuts, stepping up the price wars in a slowing EV market. The discount comes on a model that Ford has already described as unprofitable, but the automaker said it hopes to offset further […]

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