Ford Cuts Prices of Mustang Mach-E After Tesla Moves

Ford Cuts Prices of Mustang Mach-E After Tesla Moves
Ford Mustang Mach-E is presented at the New York International Auto Show in Manhattan, New York, on April 5, 2023. David 'Dee' Delgado/Reuters
Reuters
Updated:

WASHINGTON—Ford Motor Co. is cutting prices on its Mustang Mach-E electric vehicle and reopening orders, the No. 2 U.S. automaker said on Tuesday, the second time has reduced prices this year after a series of price cuts by rival Tesla Inc.

Ford said it is also increasing the range for standard-range battery models as it increases production of the electric crossover SUV in the second half of the year.