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"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-calif

"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.

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.