Not really.
Quoth King Barry:
"Under my plan, electricity rates will necessarily skyrocket"
coal powered cars are great
In King Barry's perfect world, there will be NO coal powered cars.
And how do you put a dollar value on your convenience?
What is the cost of buying, insuring, and maintaining two cars for the luxury of having a super-efficient electric car for local travel to supplement the gas powered car you would need for long distance travel?
I just barely stay under my tier 1 usage that is charged at $0.14707 KWH. If I get an electric car it will be at tier 2 rate of $0.17028 KWH. I don’t know what the rates are at tier 3 & 4. Seems like they always figure the electric car at the low tier 1 rates.
What is the cost of buying, insuring, and maintaining two cars for the luxury of having a super-efficient electric car for local travel to supplement the gas powered car you would need for long distance travel? “
Well, I don't think those who are worried about economic efficiency are the ones interested in spending $100k on a luxury sports sedan like the Model S.
For the situation you describe, a Chevy Volt would be perfect. It has a 40 mile electric range, which covers the daily commute of 78% of Americans, and it also has a gasoline engine for when you need to go farther. (Oh, and the fire scares associated with the Volt turned out to be baloney.)
With the $7,500 federal tax rebate and the $2,500 state tax rebate we have here in Texas, you can get a brand new Volt for $25k.
I know that the tax rebates are not popular, but less than a billion dollars was spent last year on the federal rebates for electric vehicles. Compare that to the $50 billion a year that we spend policing the oil shipping lanes of the middle east with our navy. If these rebates can spur on an industry that could allow us to cut ourselves off from the geopolitics associated with oil, then they are well worth it.