's most popular electric cars are now competing with gas cars on sticker price following the company's latest round of cost reductions. The carmaker began slashing prices earlier this year amid slowing demand - and made further markdowns to its Model 3 and Model Y EVs at the beginning of this month. According to fresh analysis, the upfront cost of both models is now less than the average cost of a new car - which hit roughly $48,000 earlier this year, according to Cox Automotive.
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