Elon Musk said he's excited about Ford's $43,895 Mustang Mach-E electric SUV — here's how it will stack up against Tesla's $39,000 Model Y

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The Ford Mustang Mach-E's most high-profile competition will be Tesla's Model Y. Both are set to be released next year.

Ford unveiled a new electric crossover SUV, the Mustang Mach-E, on Sunday in Los Angeles. Ford will release the vehicle next year. The Mustang Mach-E will start at $43,895. Tesla's Model Y crossover SUV will be the Mustang Mach-E's most high-profile competition. Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox. Visit Business Insider's homepage for more stories.

Ford unveiled a new electric crossover SUV, the Mustang Mach-E, on Sunday in Los Angeles. Ford will release the vehicle next year. The Mustang Mach-E will start at $43,895. Tesla's Model Y crossover SUV will be the Mustang Mach-E's most high-profile competition. Sign up for Business Insider's transportation newsletter, Shifting Gears, to get more stories like this in your inbox. Visit Business Insider's homepage for more stories.

 

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