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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  • Jeff Corey thank you for another great article and a great tribute to Bruno Sacco.
  • 1995 SC They cost more while not doing anything ICE can't already do
  • Michael S6 PHEV are a transitional vehicles category until more efficient batteries are available and access to charging stations significantly improves. Currently I will buy an EV if I'm only driving in town and a PHEV if I need a road car as well.
  • Frank Bring back the gas Abarth with 250hp, that'll get peoples attention
  • EBFlex PHEVs are the ONLY reasonable solution to lowering the amount of oil we use for fuel. Because they are not being aggressively invested in and because the government is pushing EV, which are far worse than any other vehicles on the road, it’s clear the push to EVs has nothing to do with the environment.