Ford to cut prices of Mustang Mach-E, raise production after Tesla slashes prices
Ford Motor Co F-N on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla Inc TSLA-Q slashed prices globally on its electric vehicles by as much as 20 per cent. Shares of Ford were down 2.4 per cent before the bell. Tesla was…
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