Ford is boosting production of its popular Mustang Mach-E electric SUV and dropping its price to compete with Tesla.
Mandatory Credit: Peter Valdes-Dapena/CNN
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Ford drops the price of its Tesla competitor
Ford is boosting production of its popular Mustang Mach-E electric SUV and dropping its sticker price weeks after Tesla dropped prices of its vehicles. The move represents a substantial roll-back of price hikes Ford announced last summer on the 2023 models -- but buyers may still be paying somewhat more than before the increases.
