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Tesla Might Finally Have Some Competition. From Ford.

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The Mustang Mach-E and the Volkswagen ID.4, which is due in dealerships in March, go about 250 miles on a full charge — about the same as the cheapest version of Tesla’s Model Y — and start at about $43,000 and $40,000. The base Model Y starts at about $42,000, but the Ford and Volkswagen models are eligible for a $7,500 federal tax credit that will lower the final cost to well under $40,000, or close to the average price of new cars sold in the United States. The tax credit no longer applies to purchases of Teslas.Start-up automakers will also put new cars on the …

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