No, electric vehicle sales aren’t dropping. Here’s what’s really going on::Tesla has been slashing prices. Ford just cut the price of its Mustang Mach-E, too, plus it cut back production of its electric pickup. And General Motors is thinking about bringing back plug-in hybrids, arguably a step back from EVs.
Mine is fully equipped, but the base model is approaching the $25k limit for the used EV tax credit, which gets you $4000 off. Depending on your tax situation, that ends up being a ~$20k car. Not quite as cheap as an older Model 3, but give it a few months, and it might be a viable option