Can Tesla start an EV price war?

For the past few months, Tesla is making price reduction announcements frequently

And, this has created a buzz in the auto industry

Ford CEO Jim Farley feels these frequent price cuts can start an EV price war 

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Elon Musk's decision to bring down the cost of mid-size crossover SUVs can turn this popular model into a commodity, stresses Farley

Ford has brought down the price of its Mach-E electric crossover to match the range of Tesla Model Y

Till now, Tesla has announced price cuts of about 20% on all its models

The EV company is also pushing in terms of production numbers

Musk has indicated that apart from production, the company intends to keep the pricing pressure on

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