$15K Drop In EV Prices Led By Tesla, As Model 3, Model Y Prices Fall

Electric vehicles are getting more affordable. Not quite at gas car levels but they’re getting there.

The average transaction price for a new electric vehicle dropped sharply from a year ago, says Kelley Blue Book (KBB), driving up demand.

Tesla’s price cuts have pushed electric vehicle (EV) prices down more than 22% year over year, from $65,295 to $50,683, KBB said this past week.

That’s down almost $15,000 from a year ago.

And in…