this post was submitted on 19 Sep 2023
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Electric Vehicles

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Shawn Fein said Detroit's Big Three should not compare their labor costs with Tesla, whose workers "are scraping to get by."

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[–] [email protected] 4 points 1 year ago (1 children)

I mean, I get the point you’re making, but 40K, even if it is the industry average, is yikes money.

Tesla specifically isn’t unaffordable.

Cars in general are unaffordable.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

Except its not 40k. it's $32,740 or less. (Edit maybe 36k in 2024 when rules change again)

Those ice cars people buy have billions and billions in subsidies, its just hidden and given to the oil industry. You can't ignore that the EVs are getting their subsidies at the point of sale right now.

[–] [email protected] 1 points 1 year ago (1 children)

Except that isn’t guaranteed. Unless I’ve got 7.5K+ in taxes I’m not getting a $7.5K federal discount. And even if I did, I still have to front that $40K bill until taxes hit.

If you have money, then 40K is nothing. If you don’t then it’s untenable.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

If I'm looking at this calculator right (I might not be...) it looks like even someone making 40k would still get 6k back, and many states have their own incentives still, so it's still going to be many thousands less than 40k either way.

40k is $19.24/h

Edit: and I'm not suggesting someone making 40k should buy a 34k car, but the median household income is 74,580, and after taking all EV savings into account its not a terrible decision at that point if you drive at least the average amount.