Thelostengineer

joined 1 year ago
[–] Thelostengineer@lemmy.world 44 points 6 months ago (5 children)

Of course, part of the reason EV prices are plunging is that consumers are not buying them as fast as dealers and automakers expected.

“consumers can not afford them.” - fixed it for ya. IMO a better way to express this analysis would be to say that expected MSRP was set too high and market is now correcting to increase demand. Place the blame on auto execs for setting the prices way too high instead of saying the people are just not wanting them.