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True cost of charging an EV is equivalent to paying $17.33 a gallon.
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2023 Dec 15, 6:13am 7,961 views 131 comments
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7
DOGEWontAmountToShit
2023 Dec 15, 10:10am
DOGEWontAmountToShit
2023 Dec 15, 10:10am
WookieMan says
And they don't make sense. For every EV battery pack, 2 - 4 plug in hybrids could be built instead. Way more gasoline could be saved.
There's no long term future until we build the electric capacity for them. It will take 2 decades to build out nukes at least. If it's allowed. Renewables are trash. Battery storage just raises the price of the cars because of the minerals needed for EV's that are needed in batteries. Reality and what is marketed are two completely different things. I don't like to "try" and time the market, but Tesla could be an easy one to make a shit ton of money on. There's two moves coming and they will 100% happen. Enjoy for now.
And they don't make sense. For every EV battery pack, 2 - 4 plug in hybrids could be built instead. Way more gasoline could be saved.
8
DeficitHawk
2023 Dec 15, 10:22am
Not sure how the study gets $17.33 a gallon. I tried to figure out the logic of that number, but I cant see how they arrived at it from the explanation above, or reading the links in the original story.
From my experience, I drive a car that goes 4.2 miles per kwh. Same compact car if gas or hybrid would probably get 40-45mpg. So its about 1 gallon of gas = 10 kwh equivalent (i.e. how far each will move a car of similar size). I charge in my garage and dont use any public or rapid chargers.
For me, gas costs ~$5.50. Electricity costs $0.26 per kwh. So Im paying effectively $2.60 per gallon of gas, which is about half the cost of gas in my area.. Different areas have different electricity and gas costs... ymmv.
From my experience, I drive a car that goes 4.2 miles per kwh. Same compact car if gas or hybrid would probably get 40-45mpg. So its about 1 gallon of gas = 10 kwh equivalent (i.e. how far each will move a car of similar size). I charge in my garage and dont use any public or rapid chargers.
For me, gas costs ~$5.50. Electricity costs $0.26 per kwh. So Im paying effectively $2.60 per gallon of gas, which is about half the cost of gas in my area.. Different areas have different electricity and gas costs... ymmv.
9
RWSGFY
2023 Dec 15, 10:25am
RWSGFY
2023 Dec 15, 10:25am
BTW, do utilities ask for the proof of EV registration to put one on a special EV rate plan, or simply providing a VIN would suffice? 👹
10
DeficitHawk
2023 Dec 15, 10:32am
I chose a time-of-use plan... so I get high cost electricity during peak hours (3pm to midnight) and lower cost off peak (midnight to 3pm). I dont think proof of anything is required to select a time-of use-rate plan. But I dont really remember. I do wind up trying to run my dryer and dishwasher after midnight to get the off-peak rates for my energy hog appliances.
11
RWSGFY
2023 Dec 15, 10:33am
RWSGFY
2023 Dec 15, 10:33am
RWSGFY says
On the second thought it doesn't really look like a screaming deal:
BTW, do utilities ask for the proof of EV registration to put one on a special EV rate plan, or simply providing a VIN would suffice? 👹
On the second thought it doesn't really look like a screaming deal:
14
DeficitHawk
2023 Dec 15, 10:41am
I dont think they asked for anything... but it was a long time ago and I dont really remember.
15
RWSGFY
2023 Dec 15, 10:48am
RWSGFY
2023 Dec 15, 10:48am
DeficitHawk says
They did ask for a VIN when I explored the idea of switching to an EV plan.
I dont think they asked for anything... but it was a long time ago and I dont really remember.
They did ask for a VIN when I explored the idea of switching to an EV plan.
16
socal2
2023 Dec 15, 10:51am
PumpingRedheads says
Hybrids are totally retarded.
Twice the complexity having both an ICE gas engine and battery drive train. So much more to go wrong and still have to dick around with changing oil, filters and dealing with complex transmission systems.......all which is absent from a pure EV.
And they don't make sense. For every EV battery pack, 2 - 4 plug in hybrids could be built instead. Way more gasoline could be saved.
Hybrids are totally retarded.
Twice the complexity having both an ICE gas engine and battery drive train. So much more to go wrong and still have to dick around with changing oil, filters and dealing with complex transmission systems.......all which is absent from a pure EV.
17
DeficitHawk
2023 Dec 15, 10:55am
RWSGFY says
OK I may not remember. Ive had this type of rate plan since 2015. They dont come around and check. certainly I could sell my EV and they wouldnt ask me to change rate plans or anything. (If you really want time of use plan... you could probably pull a vin from a dealer website too...) but time of use plans are mostly only beneficial if you are using lots of power that you can shift to the off-peak times by using a timer.
DeficitHawk says
I dont think they asked for anything... but it was a long time ago and I dont really remember.
They did ask for a VIN when I explored the idea of switching to an EV plan.
OK I may not remember. Ive had this type of rate plan since 2015. They dont come around and check. certainly I could sell my EV and they wouldnt ask me to change rate plans or anything. (If you really want time of use plan... you could probably pull a vin from a dealer website too...) but time of use plans are mostly only beneficial if you are using lots of power that you can shift to the off-peak times by using a timer.
18
RWSGFY
2023 Dec 15, 11:23am
RWSGFY
2023 Dec 15, 11:23am
DeficitHawk says
Already have TOU and all electricity-guzzling stuff is being ran off-peak.
RWSGFY says
DeficitHawk says
I dont think they asked for anything... but it was a long time ago and I dont really remember.
They did ask for a VIN when I explored the idea of switching to an EV plan.
OK I may not remember. Ive had this type of rate plan since 2015. They dont come around and check. certainly I could sell my EV and they wouldnt ask me to change rate plans or anything. (If you really want time of use plan... you could probably pull a vin from a dealer website too...) but time of use plans are mostly only beneficial if you are using lots of power that you can shift to the off-peak times by using a timer.
Already have TOU and all electricity-guzzling stuff is being ran off-peak.
19
Eric Holder
2023 Dec 15, 11:52am
Eric Holder
2023 Dec 15, 11:52am
socal2 says
Yet, the latest report on car reliability puts them well above both pure EVs and pure ICE cars. Go figure.
PumpingRedheads says
And they don't make sense. For every EV battery pack, 2 - 4 plug in hybrids could be built instead. Way more gasoline could be saved.
Hybrids are totally retarded.
Twice the complexity having both an ICE gas engine and battery drive train. So much more to go wrong and still have to dick around with changing oil, filters and dealing with complex transmission systems.......all which is absent from a pure EV.
Yet, the latest report on car reliability puts them well above both pure EVs and pure ICE cars. Go figure.
20
DOGEWontAmountToShit
2023 Dec 15, 12:30pm
DOGEWontAmountToShit
2023 Dec 15, 12:30pm
socal2 says
So fucking what? I thought this is about 'saving the planet'? and cutting down fossil fuel use in transportation.
Also. EVs are more energy and mineral intensive to build. And there are more parts in the battery system than in all of an ICE vehicle total.
Except EV snobs don't like being told that their EV isn't just a great deal when MATH is applied.
Hybrids are totally retarded.
Twice the complexity having both an ICE gas engine and battery drive train. So much more to go wrong and still have to dick around with changing oil, filters and dealing with complex transmission systems.......all which is absent from a pure EV.
So fucking what? I thought this is about 'saving the planet'? and cutting down fossil fuel use in transportation.
Also. EVs are more energy and mineral intensive to build. And there are more parts in the battery system than in all of an ICE vehicle total.
Except EV snobs don't like being told that their EV isn't just a great deal when MATH is applied.
21
stereotomy
2023 Dec 15, 12:37pm
stereotomy
2023 Dec 15, 12:37pm
Toyota and Honda have the only CVT transmissions worth a shit, mostly because they've worked out the kinks over the last 20 odd years with their hybrids (CVTs are crucial to hybrids).
22
Eric Holder
2023 Dec 15, 12:57pm
Eric Holder
2023 Dec 15, 12:57pm
stereotomy says
I believe Prius has always had a planetary gear tranny, not CVT. Is the new one CVT now?
Toyota and Honda have the only CVT transmissions worth a shit, mostly because they've worked out the kinks over the last 20 odd years with their hybrids (CVTs are crucial to hybrids).
I believe Prius has always had a planetary gear tranny, not CVT. Is the new one CVT now?
23
AD
2023 Dec 15, 2:44pm
AD
2023 Dec 15, 2:44pm
Chevy EV Bolt is around $28,000 MSRP (before any government subsidies). It has a warranty of 8 years, 100,000 miles for the batteries. Its range is about 260 miles.
Seems like it could compete very easily with internal combustion engine vehicles like Honda Civic.
.
Seems like it could compete very easily with internal combustion engine vehicles like Honda Civic.
.
24
RayAmerica
2023 Dec 15, 2:51pm
RayAmerica
2023 Dec 15, 2:51pm
socal2 says
What's the cost for replacing the batteries in your Tesla?
I didn't get any subsidies for my Tesla and I am able to charge in my garage using the existing 220 outlet without any extra equipment. I rarely use Tesla Superchargers unless on a rare long road trip.
I have saved thousands in fuel costs over the last 5 years of driving EVs.
What's the cost for replacing the batteries in your Tesla?
25
socal2
2023 Dec 15, 3:36pm
RayAmerica says
Don't know. Probably the equivalent of replacing an engine and transmission on a performance vehicle if you had a catastrophic failure that wasn't covered under warranty? Thankfully it is rare.
What's the cost for replacing the batteries in your Tesla?
Don't know. Probably the equivalent of replacing an engine and transmission on a performance vehicle if you had a catastrophic failure that wasn't covered under warranty? Thankfully it is rare.
26
socal2
2023 Dec 15, 3:40pm
ad says
Loved my 2018 model and it only had 238 mile range.
Chevy EV Bolt is around $28,000 MSRP (before any government subsidies). It has a warranty of 8 years, 100,000 miles for the batteries. Its range is about 260 miles.
Seems like it could compete very easily with internal combustion engine vehicles like Honda Civic.
.
Loved my 2018 model and it only had 238 mile range.
27
WookieMan
2023 Dec 15, 4:17pm
WookieMan
2023 Dec 15, 4:17pm
PumpingRedheads says
That's for sure a HUGE misnomer with the EV crowd. The infrastructure for ICE/gas vehicle has been built out for almost a century at this point. It's more efficient by a long shot to use oil for sure.
We all can argue about costs, but ICE vehicles are taxed at a different rate than EV's. For now. The day is coming. The greenies can enjoy it for now. I've warned them here and elsewhere. Your EV is soon to get MUCH more expensive besides the price tag. It likely will be more expensive than gas as more people buy them. It's a basic supply and demand equation. Someone has to get their money.
So fucking what? I thought this is about 'saving the planet'? and cutting down fossil fuel use in transportation.
That's for sure a HUGE misnomer with the EV crowd. The infrastructure for ICE/gas vehicle has been built out for almost a century at this point. It's more efficient by a long shot to use oil for sure.
We all can argue about costs, but ICE vehicles are taxed at a different rate than EV's. For now. The day is coming. The greenies can enjoy it for now. I've warned them here and elsewhere. Your EV is soon to get MUCH more expensive besides the price tag. It likely will be more expensive than gas as more people buy them. It's a basic supply and demand equation. Someone has to get their money.
28
WookieMan
2023 Dec 15, 4:28pm
WookieMan
2023 Dec 15, 4:28pm
socal2 says
Roads pave themselves? Jesus I thought I've heard it all. 50% of people pay no federal or state income taxes. Our infrastructure is financed by a large margin by MFT's. If 10% of cars aren't paying that tax, they will. It's coming. Like I've said, enjoy it for now. I will 100% not be wrong. CA will probably be the first state to implement it. Haven't talked to my people in CA I know in government. It is coming and EV's will become luxury items and not worth the cost.
I've heard rumors they'll tax them MORE than ICE/oil cars because they make substantially more waste. I'm not joking or lying either. This is what my wife does for a living. It's not even a argument or conversation. You EV WILL be more expensive in the coming years. Blame government, but it's logic and economics. EV's are not better or more efficient overall. They're just not and no one has ever produced evidence they are beside the fact they're subsidized by people that pay the taxes. Like 50% of people paying nothing and think they fucking fund the government. They don't.
Yes - there undoubtedly needs major investments in our electric grid and the Government will continue to find ways to tax EV's to support infrastructure improvement (and funding Illinois and other Blue State out of control and bonkers pension system).
Roads pave themselves? Jesus I thought I've heard it all. 50% of people pay no federal or state income taxes. Our infrastructure is financed by a large margin by MFT's. If 10% of cars aren't paying that tax, they will. It's coming. Like I've said, enjoy it for now. I will 100% not be wrong. CA will probably be the first state to implement it. Haven't talked to my people in CA I know in government. It is coming and EV's will become luxury items and not worth the cost.
I've heard rumors they'll tax them MORE than ICE/oil cars because they make substantially more waste. I'm not joking or lying either. This is what my wife does for a living. It's not even a argument or conversation. You EV WILL be more expensive in the coming years. Blame government, but it's logic and economics. EV's are not better or more efficient overall. They're just not and no one has ever produced evidence they are beside the fact they're subsidized by people that pay the taxes. Like 50% of people paying nothing and think they fucking fund the government. They don't.
29
socal2
2023 Dec 15, 4:37pm
WookieMan says
Who are you arguing with? I agree that they will increase registration and other fees on EV's as more and more cars go electric. I think it is fair.
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives. And the prices for Tesla will continue to drop as they increase scale.
What they have done at Tesla is truly an engineering marvel in terms of manufacturing.
Roads pave themselves? Jesus I thought I've heard it all. 50% of people pay no federal or state income taxes. Our infrastructure is financed by a large margin by MFT's. If 10% of cars aren't paying that tax, they will. It's coming. Like I've said, enjoy it for now.
Who are you arguing with? I agree that they will increase registration and other fees on EV's as more and more cars go electric. I think it is fair.
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives. And the prices for Tesla will continue to drop as they increase scale.
What they have done at Tesla is truly an engineering marvel in terms of manufacturing.
30
WookieMan
2023 Dec 15, 4:49pm
WookieMan
2023 Dec 15, 4:49pm
socal2 says
100% not true. Also most Americans don't want that class of car. Maybe city dwellers driving 10 miles a day. People that don't want to live in the ghetto want a functional car with utility. Tesla doesn't offer that. I'm not talking a F-350 or something either, but a car that can carry people and tow a trailer.
I don't know if it was in this thread or another. Tesla is 1,000% a golf cart dude, on an ICE designed frame and chassis. There are no engineering marvels. My friend and neighbor is a top Toyota Exec. Tesla made a fancy golf cart that is fun to drive. Great torque and acceleration. Crappy range. 90% the same parts as an ICE vehicle that need replacement and maintenance. I don't get where you're going. Enjoy it. It is more expensive and "fuel" for certain will be more expensive in the near future.
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives. And the prices for Tesla will continue to drop as they increase scale.
100% not true. Also most Americans don't want that class of car. Maybe city dwellers driving 10 miles a day. People that don't want to live in the ghetto want a functional car with utility. Tesla doesn't offer that. I'm not talking a F-350 or something either, but a car that can carry people and tow a trailer.
I don't know if it was in this thread or another. Tesla is 1,000% a golf cart dude, on an ICE designed frame and chassis. There are no engineering marvels. My friend and neighbor is a top Toyota Exec. Tesla made a fancy golf cart that is fun to drive. Great torque and acceleration. Crappy range. 90% the same parts as an ICE vehicle that need replacement and maintenance. I don't get where you're going. Enjoy it. It is more expensive and "fuel" for certain will be more expensive in the near future.
31
DeficitHawk
2023 Dec 15, 5:14pm
WookieMan says
Thats true for sure. EV's are avoiding gas tax, so that has to be made up somewhere, or the roads wont get maintained. Some states are adding this as fees to the registration for EVs. Maybe other states will find other ways to assess this tax, or maybe some will just hike the liquid fuels tax and stick it to the people still running ICE cars.
But gas tax is less than a dollar per gallon most places. Nowhere near enough to explain the OP's $17.33 per gallon number.
Its fine to say you dont agree with this or that subsidy. Its fine if you dont want an EV. Its fine to say you want EV drivers to pay their fair share of road maintenance like the gas buyers do. Doesn't make the OP's claim true.
If 10% of cars aren't paying that tax, they will. It's coming.
Thats true for sure. EV's are avoiding gas tax, so that has to be made up somewhere, or the roads wont get maintained. Some states are adding this as fees to the registration for EVs. Maybe other states will find other ways to assess this tax, or maybe some will just hike the liquid fuels tax and stick it to the people still running ICE cars.
But gas tax is less than a dollar per gallon most places. Nowhere near enough to explain the OP's $17.33 per gallon number.
Its fine to say you dont agree with this or that subsidy. Its fine if you dont want an EV. Its fine to say you want EV drivers to pay their fair share of road maintenance like the gas buyers do. Doesn't make the OP's claim true.
32
DOGEWontAmountToShit
2023 Dec 15, 6:00pm
DOGEWontAmountToShit
2023 Dec 15, 6:00pm
socal2 says
What incentives?
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives
What incentives?
33
DOGEWontAmountToShit
2023 Dec 15, 6:02pm
DOGEWontAmountToShit
2023 Dec 15, 6:02pm
socal2 says
And the electric grid infrastructure? That is paid by RATEPAYERS, not taxpayers or just EV owners (where it should).
Who are you arguing with? I agree that they will increase registration and other fees on EV's as more and more cars go electric. I think it is fair.
And the electric grid infrastructure? That is paid by RATEPAYERS, not taxpayers or just EV owners (where it should).
34
RWSGFY
2023 Dec 15, 8:28pm
RWSGFY
2023 Dec 15, 8:28pm
PumpingRedheads says
$7500 Fed and up to $4000 CA.
socal2 says
My point is that the Tesla Model 3 is ALREADY cheaper than most ICE cars in the same class even before incentives
What incentives?
$7500 Fed and up to $4000 CA.
35
Eman
2023 Dec 15, 10:05pm
Eman
2023 Dec 15, 10:05pm
I suggest we do what we can control. Tesla offers me, an early adopter, to buy, or trade in my car, for a new car, and continue to get free supercharging for life, and also get $1k off in addition to $7.5k tax credit, and whatever rebates CA has to offer.
I installed a solar system in mid July that generates 500 kWh in excess per month on average so I can run the A/C in the summer and can also accommodate another EV when we add the 3rd one to the household.
Of course, PG&E charges about 37 cents/day to use their grid, which is fair.
I installed a solar system in mid July that generates 500 kWh in excess per month on average so I can run the A/C in the summer and can also accommodate another EV when we add the 3rd one to the household.
Of course, PG&E charges about 37 cents/day to use their grid, which is fair.
36
Eman
2023 Dec 15, 10:13pm
Eman
2023 Dec 15, 10:13pm
We use the supercharger network when we travel. Otherwise, plug the car in when get home, and it’s full the next morning.
37
Eman
2023 Dec 15, 10:17pm
Eman
2023 Dec 15, 10:17pm
A brand new Model Y long range costs $49k before $7.5k tax credit plus state and local rebates. Battery and power train are guaranteed for 8 years by Tesla. Cost of electricity is known and varies by location. Not sure how the author came up with $17.33/gallon equivalent.
If the author is going to compare the EV to others, compare it to something that is equivalent to and its performance and class.
If the author is going to compare the EV to others, compare it to something that is equivalent to and its performance and class.
38
DOGEWontAmountToShit
2023 Dec 15, 10:52pm
DOGEWontAmountToShit
2023 Dec 15, 10:52pm
RWSGFY says
But socal2 said he didn't get any subsidies for his Tesla, remember?
Was he lying?
PumpingRedheads says
$7500 Fed and up to $4000 CA
But socal2 said he didn't get any subsidies for his Tesla, remember?
Was he lying?
PumpingRedheads says
socal2 says
I didn't get any subsidies for my Tesla
Uhhhhhhj....right
39
Eman
2023 Dec 16, 12:03am
Eman
2023 Dec 16, 12:03am
PumpingRedheads says
There was no subsidies for Tesla in 2021 and 2022 if I recalled correctly. $7.5k tax credit is available in 2023 and beyond due to the Inflation Reduction Act (IRA). The same with state and local rebates, etc….
RWSGFY says
$7500 Fed and up to $4000 CA
But socal2 said he didn't get any subsidies for his Tesla, remember?
Was he lying?
PumpingRedheads says
socal2 says
I didn't get any subsidies for my Tesla
Uhhhhhhj....right
There was no subsidies for Tesla in 2021 and 2022 if I recalled correctly. $7.5k tax credit is available in 2023 and beyond due to the Inflation Reduction Act (IRA). The same with state and local rebates, etc….
40
PeopleUnited
2023 Dec 16, 5:48am
PeopleUnited
2023 Dec 16, 5:48am
Here is the original article Olivia wrote:
https://www.americanthinker.com/blog/2023/10/true_costs_of_evs_revealed_by_bombshell_report_out_of_a_texas_think_tank.html
The argument that the “bombshell report” seems to be making is that when the subsidies that EV car manufacturers and EV car owners are getting are all added up over a 10 year period (this includes the money spent on charging stations and building out the infrastructure of the power grid to make those chargers possible, it includes calculations to measure the burden/unseen subsidy that everyone else pays due to EV owners using the roads and other public services such as highway patrol but accounts for the fact that EV owners are NOT paying the gas taxes that support roads and services).... the EV will actually represent a true cost of operation all other things being equal like miles driven over that 10 years, of $50,000 more than a similar ICE vehicle.
My understanding is that one way to arrive at their 17.33 per gallon figure is some simple math. To estimate the true cost of electric vehicles, which includes the cost of building them, the cost of charging them, repairing them, building infrastructure to charge and repair them, and the costs associated with wear and tear and patrolling the roads that EV use: they could just take that $50,000 and divide it by the number of miles driven by the average ICE car over the same 10 year period. From there you can extrapolate that excess cost of EV’s to the economy/infrastructure in terms of how much that excess cost breaks down per mile driven over those 10 years. From there that figure can be expressed as a cost per gallon of gas to allow us to understand how much more expensive the EV actually is to operate on a daily basis (which is hard for the EV owner to grasp because they are so heavily subsidized). The point that the article is making is not that owning an EV is more expensive for the consumer in 2023 necessarily. The point is that EV are so heavily subsidized by government and everyone else that EV owners don’t realize driving their “green” vehicle is costing them plus society the equivalent of $17.33 per gallon for them to drive. It is not sustainable.
https://www.americanthinker.com/blog/2023/10/true_costs_of_evs_revealed_by_bombshell_report_out_of_a_texas_think_tank.html
The argument that the “bombshell report” seems to be making is that when the subsidies that EV car manufacturers and EV car owners are getting are all added up over a 10 year period (this includes the money spent on charging stations and building out the infrastructure of the power grid to make those chargers possible, it includes calculations to measure the burden/unseen subsidy that everyone else pays due to EV owners using the roads and other public services such as highway patrol but accounts for the fact that EV owners are NOT paying the gas taxes that support roads and services).... the EV will actually represent a true cost of operation all other things being equal like miles driven over that 10 years, of $50,000 more than a similar ICE vehicle.
My understanding is that one way to arrive at their 17.33 per gallon figure is some simple math. To estimate the true cost of electric vehicles, which includes the cost of building them, the cost of charging them, repairing them, building infrastructure to charge and repair them, and the costs associated with wear and tear and patrolling the roads that EV use: they could just take that $50,000 and divide it by the number of miles driven by the average ICE car over the same 10 year period. From there you can extrapolate that excess cost of EV’s to the economy/infrastructure in terms of how much that excess cost breaks down per mile driven over those 10 years. From there that figure can be expressed as a cost per gallon of gas to allow us to understand how much more expensive the EV actually is to operate on a daily basis (which is hard for the EV owner to grasp because they are so heavily subsidized). The point that the article is making is not that owning an EV is more expensive for the consumer in 2023 necessarily. The point is that EV are so heavily subsidized by government and everyone else that EV owners don’t realize driving their “green” vehicle is costing them plus society the equivalent of $17.33 per gallon for them to drive. It is not sustainable.
41
GNL
2023 Dec 16, 6:39am
GNL
2023 Dec 16, 6:39am
As society solves more and more problems, gets more and more efficient and bringing costs down via automation etc., money "needs" a new vehicle of growth. I think this whole Green push is simply about change. Change can create a new vehicle to wealth. Imagine if you have the power to impose regulations/laws. Now imagine that you could frontrun these new regulations and laws. How much wealth do you think you could generate? It's exaclty like insider information where you can pay $10 for a stock and in short order sell that stock for $100 or $1,000. Change all by itself can generate vast sums of money creation/movement. Even just the movement of money can generate a ton of wealth. Wall Street can make money no matter which way the market moves. It is only important the the market moves.
42
WookieMan
2023 Dec 16, 7:19am
WookieMan
2023 Dec 16, 7:19am
It's not feasible guys. I think you know that. That's the point. The day of reckoning will come. You can show bills and say it costs you x, y and z. It does. Not for long.
My wife works in this industry, I know half the people she knows. Your cheap EV days are 100% coming to an end. I'm predicting by 2025. Either through utilities or an MFT registration tax. This is 100% being talked about. It's highly likely they will be MORE expensive to operate than ICE vehicles. We have the oil infrastructure and refineries for 100 years now Our electric grid 100% cannot handle a doubling of EV's hitting the road and needing a charge. This isn't even debatable.
Again, enjoy it now. You already bought an overpriced car and now the daily cost of running it will go through the roof. Call me out in the future. I know I won't be wrong.
My wife works in this industry, I know half the people she knows. Your cheap EV days are 100% coming to an end. I'm predicting by 2025. Either through utilities or an MFT registration tax. This is 100% being talked about. It's highly likely they will be MORE expensive to operate than ICE vehicles. We have the oil infrastructure and refineries for 100 years now Our electric grid 100% cannot handle a doubling of EV's hitting the road and needing a charge. This isn't even debatable.
Again, enjoy it now. You already bought an overpriced car and now the daily cost of running it will go through the roof. Call me out in the future. I know I won't be wrong.
43
Eman
2023 Dec 16, 7:31am
Eman
2023 Dec 16, 7:31am
WookieMan says
Based on what I know today, you will be wrong. Looking forward to 2025.
I’ve owned my EV for more than 6 years. Have been enjoying it, not just now. My wife also went EV 1.5 years ago. Also been enjoying it. We’re not going back to ICE cars, and we’re not greenies.
It's not feasible guys. I think you know that. That's the point. The day of reckoning will come. You can show bills and say it costs you x, y and z. It does. Not for long.
My wife works in this industry, I know half the people she knows. Your cheap EV days are 100% coming to an end. I'm predicting by 2025. Either through utilities or an MFT registration tax. This is 100% being talked about. It's highly likely they will be MORE expensive to operate than ICE vehicles. We have the oil infrastructure and refineries for 100 years now Our electric grid 100% cannot handle a doubling of EV's hitting the road and needing a charge. This isn't even debatable.
Again, enjoy it now. You already bought an overpriced car and now the daily cost of running it will go through the roof. Call me out in the future. I know I won't be wrong.
Based on what I know today, you will be wrong. Looking forward to 2025.
I’ve owned my EV for more than 6 years. Have been enjoying it, not just now. My wife also went EV 1.5 years ago. Also been enjoying it. We’re not going back to ICE cars, and we’re not greenies.
44
socal2
2023 Dec 16, 9:11am
PumpingRedheads says
I got my car in 2020 when there weren't any subsidies for the Model Y.
That's why.
I paid full freight.
But socal2 said he didn't get any subsidies for his Tesla, remember?
Was he lying?
I got my car in 2020 when there weren't any subsidies for the Model Y.
That's why.
I paid full freight.
45
HeadSet
2023 Dec 16, 9:18am
HeadSet
2023 Dec 16, 9:18am
WookieMan says
Are mandates for electric cars being removed? The only reason for mandates is because the ICE cars will not die off on their own. True, the grid cannot handle the nation transitioning to all EV, but that is solved by making EVs more expensive though taxes and electricity costs. The goal of the WEF types is to stop the public from driving, period. If mandating EVs does not put personal transportation costs too high for mass use, then "self driving" mandates are next. When cars cost over $150k, only the rich and politically connected will drive, sorta like how private jets are now. The general public will ride the bus or use an irregular route shared ride Uber like service. Everyone seems to be missing the point that mandating EVs and outlawing ICE is not about carbon, it is about getting the public off the roads.
It's highly likely they will be MORE expensive to operate than ICE vehicles. We have the oil infrastructure and refineries for 100 years now Our electric grid 100% cannot handle a doubling of EV's hitting the road and needing a charge. This isn't even debatable.
Are mandates for electric cars being removed? The only reason for mandates is because the ICE cars will not die off on their own. True, the grid cannot handle the nation transitioning to all EV, but that is solved by making EVs more expensive though taxes and electricity costs. The goal of the WEF types is to stop the public from driving, period. If mandating EVs does not put personal transportation costs too high for mass use, then "self driving" mandates are next. When cars cost over $150k, only the rich and politically connected will drive, sorta like how private jets are now. The general public will ride the bus or use an irregular route shared ride Uber like service. Everyone seems to be missing the point that mandating EVs and outlawing ICE is not about carbon, it is about getting the public off the roads.
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By Olivia Murray
In October, I wrote an essay on a “bombshell report” from a Texas think tank “which revealed that the actual cost of rechargeable cars and the E.V. industry is, in reality, much higher than they’re leading us to believe.”
The report is around 20-pages long, so I was only able to cover one of the explosive revelations—the average battery-powered car (E.V.) would cost “approximately $48,698 more to own over a 10-year period” were it not for the “staggering” handouts from the taxpayer via an extortionary and feckless government—but there were more.
Now, not only were the energy experts able to quantify the additional cost over time, but they were also able to put a dollar amount on the real cost of charging the vehicle, translated into price per gallon of gasoline. As you might guess, the price is astronomical, but that’s not the the end of it.
While EV advocates claim charging costs are equivalent to $1.21-per-gallon gasoline, the real amount is an order of magnitude more.
Including the charging equipment, subsidies from governments and utilities and other frequently excluded expenses, the true cost of charging an EV is equivalent to $17.33-per-gallon gasoline — but the EV owner pays less than 7% of that.
So if the E.V. owner pays less than 7% of that massively inflated cost to “fuel” a car, that means more than 93% of the financial burden falls on the taxpayer—as the NY Post authors also write:
This is socialism for the rich: a transfer of costs from higher net-worth individuals to middle- and lower-income taxpayers.
It’s the equivalent of levying taxes and fees on public-transportation users and those who walk or bicycle to work and using the money to reduce the price of gasoline.
At this stage, E.V.s, if forced to stand on their own, are an utter failure, and as I noted in my previous blog, bad ideas and inferior products only find security in a “free” market… rigorously controlled by big government fascists. If our market were truly free, an extremely expensive car that can spontaneously combust, only works in a limited temperature range, occasionally malfunctions and locks occupants inside before rolling backwards into bodies of water, and costs $17.33 per “gallon” to “fuel” up, would be dead on arrival—as it should be.