Ford CEO says Tesla is having a Model T moment — it's Elon Musk's 'next big test'

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Jim Farley and Elon Musk
Ford and Tesla have been both friend and rival over the past few years as Ford races to electrify and snatch up some of Tesla's market share.

Associated Press

Cheaper Teslas are hurting profits, but Elon Musk plans to keep slashing prices. Here's why.

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Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai
Tesla's price cuts hammered its profit margins last quarter.

Aly Song/Reuters

Ford CEO Jim Farley says Tesla price cuts could start an EV price war

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Jim Farley and Elon Musk
Jim Farley and Elon Musk.

Associated Press

Tesla stock slides 8% as Elon Musk's price cuts eat into quarterly profits

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Reuters tesla plant.JPG
Tesla shares fell in Thursday's premarket with Elon Musk's price cuts eating away at the EV maker's profit margins.

Aly Song/Reuters

Tesla could extend its massive rally this year with Elon Musk's EV price war clearly stoking up demand, Wedbush says

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Model Y
Tesla has slashed the price of its Model Y and Model 3 vehicles this year in a bid to boost demand.

Matt Debord/Business Insider

Tesla has declared a price war on electric-vehicle and traditional automakers alike. There are signs Elon Musk's company is making early gains.

Tech Insider
Elon Musk speaks at the opening of a new Tesla factory.
Elon Musk's Tesla has drastically cut the cost of its vehicles in 2023.

Christian Marquardt - Pool/Getty Images

Don't expect price cuts on GM's $100,000 electric Hummer, despite EV discounts from Tesla and Ford

Tech Insider
2023 GM Cadillac Lyriq start of production
GM said Tuesday it won't respond to the recent EV price cuts from Tesla and Ford.

JD Adams for General Motors

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