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$30k isn't the average either. The average is higher than the median value of $36k. You're confusing things by comparing one manufacturer to all auto sales. An
by CydeWeys 7y ago
$30k isn't the average either. The average is higher than the median value of $36k. You're confusing things by comparing one manufacturer to all auto sales.
And I'd say, sort of definitionally, that the median is the most reasonable figure to use here, precisely because it excludes all those insanely expensive hypercars driving the average up.
- ggm 7y agook. so instead of $20k, lets say $30k or $36k. If I translate that into AU$ the Tesla is $70k. Its twice that price on-road costs. its one and a half times the median wage in australia. I am sure the median car cost in Australia is nothing like that much compared to salary. Tesla cannot compete with 'boring' cars until it can deliver 'boring' prices. If the price in the USA is within reach of boring, great: Its not yet in the UK, or Europe, or most of Asia, or Australia or New Zealand. It requires substantial support in most economies, and there is no price support for EV in Australia right now.
- CydeWeys 7y agoWhy are you comparing the median cost of a car sold in the US with the average Australian wage? If you want to make that comparison, go find the median cost of a car sold in Australia. Start making valid comparisons. Anyway, yes, it's true, EVs are not yet as cheap as the cheapest gasoline-powered cars. They're a lot closer over their lifetime in fuel and maintenance, but the up-front purchase cost is more for now. And yet they're selling like gangbusters, because people clearly want them, and the more they sell the more they can benefit from economies of scale and go further downmarket. Remember, the first Tesla targeted the expensive luxury market, and they've now managed to bring the price down by more than half. Just wait.