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AuthorTopic: Don't fear electric car price cuts  (Read 1228 times)

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Don't fear electric car price cuts
« on: August 14, 2013, 05:53:11 AM »
Comparing the Tesla Motors Inc (NASDAQ:TSLA) Model S to the General Motors Company (NYSE:GM) Chevrolet Volt is not exactly fair. Of course, the fact that these are both electric vehicles will have people making comparisons for many years to come. From a pricing point of view, these two cars are not in the same ballpark. The Model S can top out over $90,000, according to this piece  by Vince Bond, while the Volt is nowhere near as expensive with a price  of $27,495 after applying the $7,500 federal tax credit. The interesting thing, at this point, is that the Chevrolet has dropped the price of the Volt, according to Mike Colias  of Automotive News, with a new sticker price, including shipping, of  $34,995. This is a decrease of approximately $5,000, when compared to  average sticker prices from the previous year.

http://www.insidermonkey.com/blog/tesla-motors-inc-tsla-general-motors-company-gm-dont-fear-price-declines-in-the-ev-market-220688/
« Last Edit: August 14, 2013, 05:59:15 AM by SysAdmin »
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