For years, we have been hearing the same old refrain about how electric cars like Tesla cost so much more than cars powered by gasoline engines that only the wealthy can afford them. For many, their attitude was, “Call me when EVs are affordable.” Well, now the call has arrived. Our own Paul Fosse recently wrote about how you can get a Tesla at the cost of a Toyota or Honda, and how to upgrade from a Honda Accord or Nissan Altima to a Tesla “for free” — and that was before some recent Tesla price cuts! Now, Canary Media says the tipping point on price parity has been reached, so people who have claimed Teslas aren’t affordable will now have to find another excuse to stick with cars that feature an infernal combustion engine.
A series of price cuts this year have brought the…
Read the full article originally published at cleantechnica.com.