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It Can Take 10 Years to Break Even on an Electric Car
Breitbart ^ | 07/08/2023 | Elaine Mallon

Posted on 07/08/2023 6:38:33 PM PDT by ChicagoConservative27

Tesla announced that it delivered 466,140 electric vehicles in its second quarter — “more than 80 percent higher” than the year before.

This comes after Tesla CEO Elon Musk decided to lower prices in order to boost sales and rival competitive manufacturers, BBC reported. “We’re not ‘starting a price war’, we’re just lowering prices to enable affordability at scale,” Musk wrote on Twitter.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: automotive; break; car; electric; ev; even
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I'll pass
1 posted on 07/08/2023 6:38:33 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

That includes government subsidies and subsidized resale values.

Nothing but overpriced golf carts.


2 posted on 07/08/2023 6:41:07 PM PDT by ImJustAnotherOkie
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To: ChicagoConservative27

10 years to break even . . .

Based on what?

Today’s situation and who’s prediction of the next 10 years?

They can’t predict the next 10 minutes.


3 posted on 07/08/2023 6:43:30 PM PDT by Scrambler Bob
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To: ChicagoConservative27
It Can Take 10 Years to Break Even on an Electric Car

Shocking.

Don't pay cash, make sure you charge it.

4 posted on 07/08/2023 6:43:40 PM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: ChicagoConservative27

“I’ll pass”

Dittos


5 posted on 07/08/2023 6:50:57 PM PDT by Parley Baer (WI)
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To: ChicagoConservative27

Battery failure is a huge expense. Pickups having range failure when loaded. Huge.


6 posted on 07/08/2023 6:55:50 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: ChicagoConservative27

After 10 years one will need to replace the battery. Today’s costs are $5,000 to $20,000.


7 posted on 07/08/2023 7:00:49 PM PDT by Responsibility2nd
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To: ChicagoConservative27

3-4 years actually.


8 posted on 07/08/2023 7:02:12 PM PDT by willk (Local news media. Just as big an enemy to this country as national media.)
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To: ChicagoConservative27

https://www.youtube.com/watch?v=wSL1yWOhHoQ

Let the market rule.

Let the USA go back to self sufficiency on oil and gas.


9 posted on 07/08/2023 7:02:38 PM PDT by Paladin2
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To: ChicagoConservative27

I wonder if anyone has done a time/cost analysis on EV’s vs. ICE.

Consider it can take hours to recharge. And recharging must be done every 200-300 miles.

I wonder how many hours/days/months the average EV owners spends waiting.


10 posted on 07/08/2023 7:04:10 PM PDT by Responsibility2nd
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To: Responsibility2nd

Big issue is a Battery replacement is not an if, but when on these.

Plenty of cars out there go 200k+ on the original Transmission and Engine.

in the above it can be the car gets totaled before the engine gives out


11 posted on 07/08/2023 7:06:51 PM PDT by SPDSHDW (Ron DeSantis. The latest GOPe champion in a long list of winners. Jeb! Mitt Romney, and John McStain)
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To: ImJustAnotherOkie

Live in the Villages, fine.

Gotta haul some stuff Cross Country, not so much.


12 posted on 07/08/2023 7:10:30 PM PDT by Paladin2
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To: ChicagoConservative27

Ten years? That should be about when you have to replace the battery.


13 posted on 07/08/2023 7:26:52 PM PDT by PAR35
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To: ChicagoConservative27

I am in Vietnam, there is an electric car which is reportedly going to start selling here in two and a half months…

Now it is small, but a full real automobile.

Tariffs included (since it will actually be built in Vietnam) for less than $5000.

Not shabby


14 posted on 07/08/2023 7:58:32 PM PDT by cba123 (Tôi là người Mỹ. Hiện tôi đang ở Việt Nam)
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To: PAR35

“Ten years? That should be about when you have to replace the battery.”

A friend bought his first Tesla Model S in 2014. When he traded it in for a 2021 Model S the 2014’s battery was still charging at over 80%. The 2021 has an improved battery and will do even better.


15 posted on 07/08/2023 8:35:00 PM PDT by Pelham (President Eisenhower. Operation Wetback 1953-54)
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To: ChicagoConservative27

And 15 to alleviate the environmental impact.


16 posted on 07/08/2023 8:40:08 PM PDT by Starstruck ( Living life, Binge watching re-runs of actual history.)
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To: ChicagoConservative27

2008
Needed a commuter vehicle because I was driving high mileage that I didn’t want on my truck.
Looked at the options
Prius $42k...45mpg
Yaris $14k (including $1k in upgrades)...39mpg and that was even after I slammed it down 1.5” with rock solid suspension, mags, exhaust, short shift kit and cold air intake.

The math was so easy in this decision.

Liberals are so stupid in thier short-sighted virtue signaling.


17 posted on 07/08/2023 8:48:19 PM PDT by SheepWhisperer (Get involved with, or start a home fellowship group. It will be the final church. ACTS 2:42-47)
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To: willk

“3-4 years actually”

I have an all electric Hyundai Ioniq 5. It is just so comfortable and fun to drive I would not know what to compare it too. Let’s just say a Honda Accord. Then the break even would happen around 3-4 years. 5-6 without the $7500 tax break. I love it for the comfort and technology.


18 posted on 07/08/2023 8:50:19 PM PDT by willk (Local news media. Just as big an enemy to this country as national media.)
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To: ChicagoConservative27

Oversized electric golf cart fanboyz will not be pleased with you posting this.


19 posted on 07/08/2023 8:52:43 PM PDT by doorgunner69 (Let's go Brandon)
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To: ChicagoConservative27

The EV vs ICE vehicle debate was settled by 1920. EV’s had basically the same issues then as they do now. The big upside in 1920 is that your EV might not burn your house down.


20 posted on 07/08/2023 9:20:41 PM PDT by wjcsux (On 3/14/1883 Karl Marx gave humanity his best gift, he died. )
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