5 ms·

People in the Bay Area perhaps.

spacebanana7 1y ago
In the UK you can get a wide range of used Tesla Model 3's for £10k-£20k that are only 2-4 years old. This makes them pretty affordable for people on average income, especially given the lack of fuel expenses and road tax.
- ivewonyoung 1y ago
  Looks like the average selling price of new cars in the UK is around 45K pounds, and there are several new Tesla cars that come below that.
ivewonyoung 1y ago
"In California, the Tesla Model 3 Is Now Cheaper Than a Toyota Camry" https://www.cnet.com/home/electric-vehicles/tesla-model-3-cheaper-than-toyota-camry-california/ https://www.cnet.com/home/electric-vehicles/tesla-model-3-ch... The average selling price for a new car in the U.S. was around $47K, both the Model 3 and some models of the Y come below that.
- ethbr1 1y ago
  >> Article updated on June 10, 2023 at 5:00 AM PDT >> Now that the Tesla Model 3 is eligible for the full $7,500 [US federal] electric vehicle tax credit >> The Model 3 is eligible for the full $7,500 [California tax credit], bringing the total amount of federal and state tax credits to $15,000. So the cheapest Model 3 (as of 2023) was $14,000 more expensive than the cheapest Camry, but offset by tax policy.
  - robertlagrant 1y ago
    That's still a massive achievement.
    - ethbr1 1y ago
      Yes and no. BEVs are fundamentally simpler than ICE, so one would expect them to be cheaper... after manufacturing was scaled. Tesla's biggest achievement on the pricing front was creating a viable scaling pathway. Although it's debatable that BYD wouldn't have done it absent Tesla, because of Chinese market incentives.
      - robertlagrant 1y ago
        Their biggest achievement is showing electric cars work and people will pay for them, and building a charging network that works really well, and neither with any useful prior art to rely on. Even if they go under tomorrow, every electric car is their legacy.
        ethbr1 1y ago
        It's overattributing to imagine electric cars wouldn't have become popular absent Tesla. Climate change would have still been discussed. The Paris Agreement would have still happened. China would have looked at its lack of long term oil reserves and pushed to shift away from non-essential consumption. There are too many incentives to develop a mass market model, so if not Tesla then someone else.
SR2Z 1y ago
The Model Y was the best-selling car in America for quite some time.
- bumby 1y ago
  This is true but I’ve wondered how much of the dynamic is because Tesla offers a limited number of models. As others have said, Tesla is a status symbol. Meaning people often want one just because it’s a Tesla. For someone who is set on a Tesla, they have five options. By contrast, someone set on a Toyota has 20 or so. Meaning, if I want a Tesla there’s a reasonably high probability my choice will be a Model Y because I don’t have many options. 66% of Teslas sold are Model Y while only 15% of Toyotas sold are Camrys.

In the UK you can get a wide range of used Tesla Model 3's for £10k-£20k that are only 2-4 years old. This makes them pretty affordable for people on average income, especially given the lack of fuel expenses and road tax.

ivewonyoung 1y ago
Looks like the average selling price of new cars in the UK is around 45K pounds, and there are several new Tesla cars that come below that.

ivewonyoung 1y ago

"In California, the Tesla Model 3 Is Now Cheaper Than a Toyota Camry" https://www.cnet.com/home/electric-vehicles/tesla-model-3-cheaper-than-toyota-camry-california/ https://www.cnet.com/home/electric-vehicles/tesla-model-3-ch... The average selling price for a new car in the U.S. was around $47K, both the Model 3 and some models of the Y come below that.

ethbr1 1y ago
>> Article updated on June 10, 2023 at 5:00 AM PDT >> Now that the Tesla Model 3 is eligible for the full $7,500 [US federal] electric vehicle tax credit >> The Model 3 is eligible for the full $7,500 [California tax credit], bringing the total amount of federal and state tax credits to $15,000. So the cheapest Model 3 (as of 2023) was $14,000 more expensive than the cheapest Camry, but offset by tax policy.
- robertlagrant 1y ago
  That's still a massive achievement.
  - ethbr1 1y ago
    Yes and no. BEVs are fundamentally simpler than ICE, so one would expect them to be cheaper... after manufacturing was scaled. Tesla's biggest achievement on the pricing front was creating a viable scaling pathway. Although it's debatable that BYD wouldn't have done it absent Tesla, because of Chinese market incentives.
    - robertlagrant 1y ago
      Their biggest achievement is showing electric cars work and people will pay for them, and building a charging network that works really well, and neither with any useful prior art to rely on. Even if they go under tomorrow, every electric car is their legacy.
      - ethbr1 1y ago
        It's overattributing to imagine electric cars wouldn't have become popular absent Tesla. Climate change would have still been discussed. The Paris Agreement would have still happened. China would have looked at its lack of long term oil reserves and pushed to shift away from non-essential consumption. There are too many incentives to develop a mass market model, so if not Tesla then someone else.

SR2Z 1y ago

The Model Y was the best-selling car in America for quite some time.

bumby 1y ago
This is true but I’ve wondered how much of the dynamic is because Tesla offers a limited number of models. As others have said, Tesla is a status symbol. Meaning people often want one just because it’s a Tesla. For someone who is set on a Tesla, they have five options. By contrast, someone set on a Toyota has 20 or so. Meaning, if I want a Tesla there’s a reasonably high probability my choice will be a Model Y because I don’t have many options. 66% of Teslas sold are Model Y while only 15% of Toyotas sold are Camrys.