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Interesting that he mentions the Model T - wonder how the prices compares with a Model 3 when adjusted for inflation? Edit: 1913 Model T runabout was $525 (tak
by 3stripe 9y ago
Interesting that he mentions the Model T - wonder how the prices compares with a Model 3 when adjusted for inflation?
Edit: 1913 Model T runabout was $525 (taking the listed price 10 years after Ford’s inception as Tesla is now a similar age).
Adjusted for inflation that is now approx $13,840 according to https://data.bls.gov/cgi-bin/cpicalc.pl https://data.bls.gov/cgi-bin/cpicalc.pl
So at least 3 x cheaper than the $35,000-55,000 price of a Model 3.
(Disclaimer: calculated from bed during 4am insomnia)
- hackeraccount 9y agoSure but that's only calculating for inflation. There's also been real growth in income over the time period.