Report: Average New EV Prices Fell Below Tesla's Average for the First Time in Over a Year

Despite saving owners some money on fuel, electric vehicles have remained more expensive than their gas counterparts. That’s changing slowly, as Cox Automotive recently reported that EV prices have fallen below the average Tesla price for the first time since early 2023.

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  • Akear The Germans will strip mine the company just like they did with Chrysler a quarter century ago.
  • 3-On-The-Tree Theflyersfan. Agreed, I grew up as a teenager in the late 80’s, early 90’s. My dad is a baby boomer and had the classic cars. He had a 1957 Corvette with a 283 with 2-4 barrel carbs, 68 Plymouth Belvedere with 383 V8. I had a 1973 Duster with a slant six, really wanted a 340 V8 in it. And a 74 Dodge dart custom with a 318 and last was a 1969 T- Bird with a 429. I got commissioned as a 2nd Lieutenant and sold all those cars. Fast forward 22 years post army retirement and I bought that Vette and had bought a 1985 FJ60 Land Cruisers. In addition to a 2002 Suzuki Hayabusa, 1989 Suzuki GS1000G, 1986 Suzuki GT750. So my boys appreciate the older cars and bikes, simplicity of V8’s, naturally aspirated non turbos. I also bought a 1970 7up vending machine and it’s still running with original compressor/condenser. So my boys appreciate the quality of American manufacturing both in cars and commercial items.
  • FreedMike An EV DeLorean definitely won't have any problems getting up to 88 and a half miles per hour. And that's a good thing - the original was a complete dog, and that was a big reason why they didn't sell.
  • ToolGuy The interesting thing about Foley's rental Bronco is how it has been retrofitted with 4-wheel steering with tiller fire truck levels of rear steering angle -- that or the world's slowest smoothest drift. (For clues to what is actually going on, notice the ride height relative to surrounding traffic, suspension movements and steering inputs with the 'in-car' shots of the daughter's convertible.) Does anyone watch anything anymore, or you all buried in your phones lol.
  • Duties Just a comment on auto names vs alpha-numerics. I totally agree names are sexier and more memorable than meaningless letters and numbers. However, coming up with fresh names based on animals or geography is harder to come by since so many are already taken. Secondly, securing worldwide copyright is difficult or don’t translate well. Remember the famous Chevy Nova (No Go). In the meantime, it’s fun to reminisce about the great names over the years: Thunderbird, Barracuda, Sting Ray, Mustang, Legend, Vigor, Integra, Toronado, New Yorker, Continental, Newport, Land Cruiser, Galaxie, Impala, Comet, LeBaron . . .