THE AVERAGE ELECTRIC VEHICLE NOW SELLS FOR LESS THAN A TESLA
Plus, investors don't care Tesla's Q2 was a bloodbath and how one of the strongest auto unions in the world is dealing with EV job losses
The cost parity between EVs and gas-powered cars isn't yet net even. It's getting closer, though, and if you consider the lifetime of maintenance, perhaps you can make an argument that it's getting close. But at least the industry average transaction price is tracking closer to that of its ICE-powered counterparts—and now even less than Tesla for the first time in over a year.
Welcome to Critical Materials, your daily roundup for all things EV and automotive tech. Today, we're chatting about the average price of EVs, Tesla's not-so-great quarter, and how a union is dealing with job automation. Let's jump in.
30%: Average EV Price Dips Below Tesla For The First Time Since February 2023
It's clear why manufacturers want to automate. On the flipside, automating a task could mean losing a human job, which is a blow to the workforce itself.
So this is where I ask you, dear reader: How do you feel about the automation of manufacturing jobs? Is it a good thing? A risky change? Or a natural progression of society? Let me know in the comments.
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