Mustang Mach E
Ford is cutting the price of the Mustang Mach-E by up to $6,000 on some models.
  • A standard Mach-E now starts at $45,995.
  • Ford is hitting back after Tesla started an EV pricing war.
  • CEO Jim Farley has publicly put Tesla in his sights.

Ford is slashing the price of its electric Mustang Mach-E by as much $6,000, keeping pace with Tesla's sweeping price cuts, announced just weeks before.

Ford is also increasing production of the Mach-E in an attempt to shorten wait times, which Marin Gjaja, chief customer officer of Ford's electric Model e division, said can be up to 150 days currently.