EV Prices dropping - Good time to buy?

Tesla just announced another round of price cuts. Combined with other manufacturers following suit, it seems like EV prices are finally coming down.

Do you think this is a good time to buy an EV, or should we wait for prices to stabilize further? Also curious about the impact on used EV values.

I think we'll see more price cuts in the next 12-18 months as more affordable options hit the market (Chevy Equinox EV, etc.). Could be worth waiting if you can.