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True cost of charging an EV is equivalent to paying $17.33 a gallon.
invite response
2023 Dec 15, 6:13am 7,582 views 131 comments
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51
RWSGFY
2023 Dec 16, 9:53am
RWSGFY
2023 Dec 16, 9:53am
PumpingRedheads says
He could also be too rich to qualify. Don't remember the cut-off for singles, but MFJ get bupkes once over $300K AGI.
UPD. He explained it.
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
He could also be too rich to qualify. Don't remember the cut-off for singles, but MFJ get bupkes once over $300K AGI.
UPD. He explained it.
52
Eman
2023 Dec 16, 9:59am
Eman
2023 Dec 16, 9:59am
My point is the government will do what they’ll do. The author is using funny and one way math to come up with her result. People compare a performance car to a turtle car and say why it’s not wise to by an EV. Just like telling someone who drives a Bugatti Chiron or a Rolls Royce they’re stupid for spending $3.5M to get from point A to point B when a Prius will do. This is why the average is average for a reason. They cannot get out of their own way.
My point is we do what we can control. If there are tax credits and incentives to be had and we can obtain them legally, why not? If PG&E keeps raising their electricity rates, figure out a way to go off-grid.
One of the perks of being a real estate investor is that you work on your own schedule. You get to write off literally everything while you hardly pay any taxes due to phantom losses while the tenants are paying off your assets. One doesn’t have to be a rocket science to figure this out.
My point is we do what we can control. If there are tax credits and incentives to be had and we can obtain them legally, why not? If PG&E keeps raising their electricity rates, figure out a way to go off-grid.
One of the perks of being a real estate investor is that you work on your own schedule. You get to write off literally everything while you hardly pay any taxes due to phantom losses while the tenants are paying off your assets. One doesn’t have to be a rocket science to figure this out.
53
PeopleUnited
2023 Dec 16, 11:08am
PeopleUnited
2023 Dec 16, 11:08am
Eman says
So when government is stupid and wasting money on counterproductive “green technology” your point is that savvy people will take advantage of it. That’s pretty much a given.
But it doesn’t change the math. Batteries simply are not the best store of energy for transportation needs. Gasoline and diesel are still far superior stores of energy for many if not most peoples purposes.
Eman says
Once again your point is that savvy people know how to make the most of a corrupt/stacked deck. It doesn’t mean the system isn’t broken, it just means the people who know how to take advantage of the rigged game can almost always come out ahead.
My point is the government will do what they’ll do.
So when government is stupid and wasting money on counterproductive “green technology” your point is that savvy people will take advantage of it. That’s pretty much a given.
But it doesn’t change the math. Batteries simply are not the best store of energy for transportation needs. Gasoline and diesel are still far superior stores of energy for many if not most peoples purposes.
Eman says
One of the perks of being a real estate investor is that you work on your own schedule. You get to write off literally everything while you hardly pay any taxes due to phantom losses while the tenants are paying off your assets. One doesn’t have to be a rocket science to figure this out.
Once again your point is that savvy people know how to make the most of a corrupt/stacked deck. It doesn’t mean the system isn’t broken, it just means the people who know how to take advantage of the rigged game can almost always come out ahead.
54
HeadSet
2023 Dec 16, 12:53pm
HeadSet
2023 Dec 16, 12:53pm
socal2 says
Yes, Tesla will work to produce a low sticker price car. I am saying mandates like requiring full self drive will drive the price to $150k. Now add any use fees and mileage taxes. The goal of the WEF types is to price people of the road. Why else are there EV mandates? If EVs are getting cheaper and better, people would buy them anyway. The goal is to mandate universal EV adoption which is grid unsupportable unless we have much fewer drivers while removing the cheap and sustainable ICE cars that have everyone on the road.
HeadSet says
When cars cost over $150k, only the rich and politically connected will drive, sorta like how private jets are now.
That is not going to happen. Tesla's whole mission is to build affordable EV's at scale.
Tesla will be producing a $25K version in the next few years.
Tesla's most expensive cars (before Cybertruck) the Model X and S have dropped to $79K and are faster than $250K super cars.
Yes, Tesla will work to produce a low sticker price car. I am saying mandates like requiring full self drive will drive the price to $150k. Now add any use fees and mileage taxes. The goal of the WEF types is to price people of the road. Why else are there EV mandates? If EVs are getting cheaper and better, people would buy them anyway. The goal is to mandate universal EV adoption which is grid unsupportable unless we have much fewer drivers while removing the cheap and sustainable ICE cars that have everyone on the road.
55
PeopleUnited
2023 Dec 16, 3:46pm
PeopleUnited
2023 Dec 16, 3:46pm
socal2 says
Fixed it for you.
By the way the rapid acceleration while I’m sure is fun to experience is probably not safe for most drivers nor is it practical in traffic. Plus rapid acceleration is wearing out tires and increasing cost of ownership for EV drivers.
https://www.canarymedia.com/articles/electric-vehicles/ev-tires-wear-down-fast-and-thats-a-pollution-problem
https://www.sciencefriday.com/segments/electric-vehicle-tires-wear-out/
Tesla's most expensive cars (before Cybertruck) the Model X and S have dropped to $79K and allegedly accelerate faster than $250K super cars.
Fixed it for you.
By the way the rapid acceleration while I’m sure is fun to experience is probably not safe for most drivers nor is it practical in traffic. Plus rapid acceleration is wearing out tires and increasing cost of ownership for EV drivers.
https://www.canarymedia.com/articles/electric-vehicles/ev-tires-wear-down-fast-and-thats-a-pollution-problem
https://www.sciencefriday.com/segments/electric-vehicle-tires-wear-out/
57
Eman
2023 Dec 17, 12:02pm
Eman
2023 Dec 17, 12:02pm
@PeopleUnited,
It has nothing to do with smart or savvy, but rather the willingness to play the game based on the established rules.
Here’s a HS dropout who used to make $8.25/hour and now make $4M/year. Is he smart or savvy? 🤷♂️
https://youtube.com/shorts/ctoLJvY4vfA?si=Y2wPTXgpDQfkRAj3
This is Sean, who is a EE graduate from UCLA, and also decided he wanted more out of life than settling for a W2. He also made it in real estate and social media and got out of the W2 world. Is Sean smart or savvy? 🤷♂️
https://youtube.com/shorts/BESvxL8LTlc?si=EHFs9ftwovY7JBQE
I know both of them personally and have watched them grow over the years. Two different personalities. Both are great kids.
It has nothing to do with smart or savvy, but rather the willingness to play the game based on the established rules.
Here’s a HS dropout who used to make $8.25/hour and now make $4M/year. Is he smart or savvy? 🤷♂️
https://youtube.com/shorts/ctoLJvY4vfA?si=Y2wPTXgpDQfkRAj3
This is Sean, who is a EE graduate from UCLA, and also decided he wanted more out of life than settling for a W2. He also made it in real estate and social media and got out of the W2 world. Is Sean smart or savvy? 🤷♂️
https://youtube.com/shorts/BESvxL8LTlc?si=EHFs9ftwovY7JBQE
I know both of them personally and have watched them grow over the years. Two different personalities. Both are great kids.
58
PeopleUnited
2023 Dec 17, 5:50pm
PeopleUnited
2023 Dec 17, 5:50pm
Playing the game with success is both smart and savvy.
I’m sure you all earned your wealth and privilege. America is the land of opportunity. There’s room at the top they’re telling us still...
Really there is no reason we shouldn’t be driving Tesla’s and living off our investment property. When you play the game everyone wins right?
I’m sure you all earned your wealth and privilege. America is the land of opportunity. There’s room at the top they’re telling us still...
Really there is no reason we shouldn’t be driving Tesla’s and living off our investment property. When you play the game everyone wins right?
59
Eman
2023 Dec 17, 6:04pm
Eman
2023 Dec 17, 6:04pm
If you don’t like the game, can you change it? If you can’t change it, bitching doesn’t do anything and may affect your health.
America is not perfect, but she has proven herself to be the land of opportunity for millions of people. The majority people in the world want a chance to live in this prosperous country.
Driving a Tesla, a Ferrari, or a Prius is irrelevant. People drive whatever they like, or can afford, or fit their needs. Investment is just a vehicle to help us reach our goals. Having investments that allows us to the freedom to do whatever we want with our time is one of the ultimate goal for most people.
Who the hell wants to slave away 8-10 hours a day on a job they don’t care for so they can have 2 weeks vacation a year? Do that for 45 years and retire with not enough money to do what they want to do in old age?
America is not perfect, but she has proven herself to be the land of opportunity for millions of people. The majority people in the world want a chance to live in this prosperous country.
Driving a Tesla, a Ferrari, or a Prius is irrelevant. People drive whatever they like, or can afford, or fit their needs. Investment is just a vehicle to help us reach our goals. Having investments that allows us to the freedom to do whatever we want with our time is one of the ultimate goal for most people.
Who the hell wants to slave away 8-10 hours a day on a job they don’t care for so they can have 2 weeks vacation a year? Do that for 45 years and retire with not enough money to do what they want to do in old age?
60
Eman
2023 Dec 17, 6:08pm
Eman
2023 Dec 17, 6:08pm
Embrace what we have. Go after what we want/desire. None of us gets out of this place alive so what do we have to lose? If we’re lucky, we make it and get to enjoy what life has to offer while we still have youth in us.
If our kids and grandkids are lucky, we’ve built enough wealth to pass down to their generations where they can enjoy life while doing what they love instead of exchanging time for money in a job they don’t care for.
If our kids and grandkids are lucky, we’ve built enough wealth to pass down to their generations where they can enjoy life while doing what they love instead of exchanging time for money in a job they don’t care for.
61
Eman
2023 Dec 17, 6:12pm
Eman
2023 Dec 17, 6:12pm
In 2012, Clem Stein, a successful Bay Area real estate investor, told me it’s ok to tell your kids they’re stupid. If they’re smart, they will spend their lives proving you wrong and becoming wildly successful. If they’re truly stupid, you have nothing to lose.
Although I didn’t agree with what he said, I thought it was thought provoking. I shared what he said with the siblings. Everyone disagreed with his approach. 😂
RIP Clem! Your shared wisdoms live on through me and many others.
Although I didn’t agree with what he said, I thought it was thought provoking. I shared what he said with the siblings. Everyone disagreed with his approach. 😂
RIP Clem! Your shared wisdoms live on through me and many others.
62
PeopleUnited
2023 Dec 17, 7:38pm
PeopleUnited
2023 Dec 17, 7:38pm
I respect people who make wise investments. However this conversation got way off track because the reality is that EV (batteries) are much more costly to drive when the true costs (the many ways taxpayers and non EV owners subsidize EV through taxes, increased electric fees, etc...) are factored in. And now for some reason the conversation turned to savvy investors and their superiority.
So I respect people who make wise investments. That includes investing in eternity. Life is not a game and that is why it bothers me when people don’t tell the truth. Gasoline, and diesel are much better stores of energy for transportation than batteries. And money in the bank/real estate won’t mean a thing in eternity. Be honest, and be wealthy toward God, for what else in this life truly matters?
So I respect people who make wise investments. That includes investing in eternity. Life is not a game and that is why it bothers me when people don’t tell the truth. Gasoline, and diesel are much better stores of energy for transportation than batteries. And money in the bank/real estate won’t mean a thing in eternity. Be honest, and be wealthy toward God, for what else in this life truly matters?
63
Eman
2023 Dec 17, 9:31pm
Eman
2023 Dec 17, 9:31pm
Life is not a game. Is investment a game? Are government incentives a game? Is life a rat race? Given a choice, would everyone want to work 8-10 hours each day, or would they prefer be financially independent and spend their time however they like?
EV is a niche product. It makes sense for some and not others. Why do politicians force EV down our throat? Can we do something about it? If not, what should we do?
As I mentioned above, when comparing EV to ICE, please compare apples to apples. I’ve owned my Tesla for over 6 years. I don’t see $17.33/gallon anywhere as the author claimed. Please provide the data to back up the author’s thesis. I’d love to learn.
EV is a niche product. It makes sense for some and not others. Why do politicians force EV down our throat? Can we do something about it? If not, what should we do?
As I mentioned above, when comparing EV to ICE, please compare apples to apples. I’ve owned my Tesla for over 6 years. I don’t see $17.33/gallon anywhere as the author claimed. Please provide the data to back up the author’s thesis. I’d love to learn.
64
DemocratsAreTotallyFucked
2023 Dec 17, 10:22pm
DemocratsAreTotallyFucked
2023 Dec 17, 10:22pm
Eman says
TRUE cost. That is not the cost you pay.
As I mentioned above, when comparing EV to ICE, please compare apples to apples. I’ve owned my Tesla for over 6 years. I don’t see $17.33/gallon anywhere as the author claimed. Please provide the data to back up the author’s thesis. I’d love to learn.
TRUE cost. That is not the cost you pay.
65
WookieMan
2023 Dec 18, 4:16am
WookieMan
2023 Dec 18, 4:16am
Eman says
I don't think anyone is stating EV's are a problem if you drive one. Senseless cars have been around since they were invented. Our system is what it is and I'm no socialist, but the Ferrari driver paid more in sales tax (if your state has it) and pays for premium gas that has MFT attached to it. Call the Ferrari frivolous, they at least contribute to the system in place.
Tesla owners don't. Literally not a dime. They make electric rates higher for others. When there are subsidies they're actually a drain on our current system big time. The times are changing is all I'll say. It's just my state and Wisconsin, but I know the people in charge of this. Your EV ownership cost is going to go up in a big way. As I've said enjoy it while you can. Install solar to charge it, it won't matter in the long run. Also between the car and panels you've got yourself 6 figures deep to maybe save $100/mo? Eh, not a great return on investment when I can get a slightly used car with low miles, same size as the tiny Teslas and pay maybe $150/mo in gas for $15k.
Again, they're fun to drive. You can like them. A Ferrari is fun to drive too. They're not cheaper is all some of us are saying. They're not green/clean. All the marketing you've been fed is a lie to sell them. I think some have said Tesla doesn't advertise. Bull shit. Musk is just smart about it. Goes on the largest podcaster on the planet and doesn't pay a dime for it. Musk advertises more than the big auto makers by a long shot by doing things like podcasts. He's smart, but Tesla is advertised massively because it has to be. So that's flat out wrong.
Driving a Tesla, a Ferrari, or a Prius is irrelevant. People drive whatever they like, or can afford, or fit their needs. Investment is just a vehicle to help us reach our goals. Having investments that allows us to the freedom to do whatever we want with our time is one of the ultimate goal for most people.
I don't think anyone is stating EV's are a problem if you drive one. Senseless cars have been around since they were invented. Our system is what it is and I'm no socialist, but the Ferrari driver paid more in sales tax (if your state has it) and pays for premium gas that has MFT attached to it. Call the Ferrari frivolous, they at least contribute to the system in place.
Tesla owners don't. Literally not a dime. They make electric rates higher for others. When there are subsidies they're actually a drain on our current system big time. The times are changing is all I'll say. It's just my state and Wisconsin, but I know the people in charge of this. Your EV ownership cost is going to go up in a big way. As I've said enjoy it while you can. Install solar to charge it, it won't matter in the long run. Also between the car and panels you've got yourself 6 figures deep to maybe save $100/mo? Eh, not a great return on investment when I can get a slightly used car with low miles, same size as the tiny Teslas and pay maybe $150/mo in gas for $15k.
Again, they're fun to drive. You can like them. A Ferrari is fun to drive too. They're not cheaper is all some of us are saying. They're not green/clean. All the marketing you've been fed is a lie to sell them. I think some have said Tesla doesn't advertise. Bull shit. Musk is just smart about it. Goes on the largest podcaster on the planet and doesn't pay a dime for it. Musk advertises more than the big auto makers by a long shot by doing things like podcasts. He's smart, but Tesla is advertised massively because it has to be. So that's flat out wrong.
66
Eman
2023 Dec 18, 5:41am
Eman
2023 Dec 18, 5:41am
PumpingRedheads says
What’s the true cost of supporting the Ukraine war? What’s the true cost of not building the southern border? What’s the true cost of the stolen election? What’s the true cost of inflation, or national debt for that matter? We have no control over any of that stuff? Why worry about the stuff we have no control over?
Our government will spend money however they want. We have no say in any of it. The true cost to us is what we pay.
Eman says
As I mentioned above, when comparing EV to ICE, please compare apples to apples. I’ve owned my Tesla for over 6 years. I don’t see $17.33/gallon anywhere as the author claimed. Please provide the data to back up the author’s thesis. I’d love to learn.
TRUE cost. That is not the cost you pay.
What’s the true cost of supporting the Ukraine war? What’s the true cost of not building the southern border? What’s the true cost of the stolen election? What’s the true cost of inflation, or national debt for that matter? We have no control over any of that stuff? Why worry about the stuff we have no control over?
Our government will spend money however they want. We have no say in any of it. The true cost to us is what we pay.
67
Eman
2023 Dec 18, 5:50am
Eman
2023 Dec 18, 5:50am
Wookie,
Solar is financed 100%. It will pay for itself while I don’t get raped by the annual electricity increase.
I shared on here before. My off-peak electricity rate has gone up about 120% since I bought my Tesla in 2017. I’m not going to stand around and watch for another 120% increase b/c I could do something about it. Just like real estate. It’s about control the asset and leverage with the bank’s financing.
The car is a business deduction. The car depreciates just like the MBZ E500 I used to drive, but I enjoy driving this car a lot more. I used to buy slightly used 3 year old cars too, but I’m past that stage. I don’t see myself buying a used car ever again.
Looking forward to 2025 and your prediction. PG&E sent out a newsletters stating 32% increase in electricity between now and 2026 to be expected. At least that’s one less thing I have to worry about.
Solar is financed 100%. It will pay for itself while I don’t get raped by the annual electricity increase.
I shared on here before. My off-peak electricity rate has gone up about 120% since I bought my Tesla in 2017. I’m not going to stand around and watch for another 120% increase b/c I could do something about it. Just like real estate. It’s about control the asset and leverage with the bank’s financing.
The car is a business deduction. The car depreciates just like the MBZ E500 I used to drive, but I enjoy driving this car a lot more. I used to buy slightly used 3 year old cars too, but I’m past that stage. I don’t see myself buying a used car ever again.
Looking forward to 2025 and your prediction. PG&E sent out a newsletters stating 32% increase in electricity between now and 2026 to be expected. At least that’s one less thing I have to worry about.
68
WookieMan
2023 Dec 18, 6:56am
WookieMan
2023 Dec 18, 6:56am
Eman says
For now is all I'll say. We don't have to agree. Your RE advice is sound so I don't think you're a bull shitter. I just think you're wrong on EV's long term. We have more oil long term for centuries. We haven't yet full explored the minerals needed for EV's. I don't think there's enough. The only thing going is demographics and population decline at the moment to make it work... for now.
EV's simply are not the future without grid expansion. That involves nukes. That takes a decade plus. We don't have the electric capacity for much more EV's. Roads are already shit and we lose MTF money if you're not paying for gas. It's the system we have. Love or hate it. EV's are in a bad spot in my opinion and a lot of it legal and legislative. Your Tesla in the near future will cost more than gas when you factor everything in. You still pay for the solar panels regardless if they're financed. You paid for the car itself. And you still pay for electric as solar homes still mostly rely on the grid. Especially this time of year even in the sunniest of regions.
Again... 6 figures to save maybe, a big maybe $100/mo? You can toss $100k into a CD right now and make more than the gas savings. My take is I'm not throwing it on a roof or into a small car with little to no utility. Just me.
Solar is financed 100%. It will pay for itself while I don’t get raped by the annual electricity increase.
For now is all I'll say. We don't have to agree. Your RE advice is sound so I don't think you're a bull shitter. I just think you're wrong on EV's long term. We have more oil long term for centuries. We haven't yet full explored the minerals needed for EV's. I don't think there's enough. The only thing going is demographics and population decline at the moment to make it work... for now.
EV's simply are not the future without grid expansion. That involves nukes. That takes a decade plus. We don't have the electric capacity for much more EV's. Roads are already shit and we lose MTF money if you're not paying for gas. It's the system we have. Love or hate it. EV's are in a bad spot in my opinion and a lot of it legal and legislative. Your Tesla in the near future will cost more than gas when you factor everything in. You still pay for the solar panels regardless if they're financed. You paid for the car itself. And you still pay for electric as solar homes still mostly rely on the grid. Especially this time of year even in the sunniest of regions.
Again... 6 figures to save maybe, a big maybe $100/mo? You can toss $100k into a CD right now and make more than the gas savings. My take is I'm not throwing it on a roof or into a small car with little to no utility. Just me.
69
PeopleUnited
2023 Dec 18, 8:45am
PeopleUnited
2023 Dec 18, 8:45am
Well said Wookie, I’d only add that the point of this OP is to raise awareness that ”green technology” is costing taxpayers and others who use the roads way more than Tesla would have you believe.
Drive a Tesla if you like it. I support your decision. But people need to know that the push for EV is going to have unintended consequences due to the facts. The facts are batteries are an inefficient store of energy compared to gasoline and diesel. The facts are that cold weather severely affects battery efficiency. The facts are many people need to tow heavy trailers and/or travel long distances without stopping for hours along the way. The facts are EV owners thus far have been heavily subsidized by the rest of us. The facts are that politics is pushing EV so the EV push is not about economics or helping people better themselves, it is about helping elites gain further control and getting their minions to accept an even lower standard of living.
Drive a Tesla if you like it. I support your decision. But people need to know that the push for EV is going to have unintended consequences due to the facts. The facts are batteries are an inefficient store of energy compared to gasoline and diesel. The facts are that cold weather severely affects battery efficiency. The facts are many people need to tow heavy trailers and/or travel long distances without stopping for hours along the way. The facts are EV owners thus far have been heavily subsidized by the rest of us. The facts are that politics is pushing EV so the EV push is not about economics or helping people better themselves, it is about helping elites gain further control and getting their minions to accept an even lower standard of living.
70
socal2
2023 Dec 18, 9:19am
WookieMan says
No one is disputing this. I think they will be producing new ICE cars for at least another quarter century.
WookieMan says
My Y cost less than half that and the new Model 3 is cheaper than most new ICE sedans. What are you talking about?
EV's simply are not the future without grid expansion. That involves nukes. That takes a decade plus.
No one is disputing this. I think they will be producing new ICE cars for at least another quarter century.
WookieMan says
Again... 6 figures to save maybe, a big maybe $100/mo?
My Y cost less than half that and the new Model 3 is cheaper than most new ICE sedans. What are you talking about?
71
WookieMan
2023 Dec 18, 10:59am
WookieMan
2023 Dec 18, 10:59am
socal2 says
You haven't been looking at ICE vehicles it appears. M3 vs Civic
We're just talking new. These are totally comparable cars. $24k is cheaper than $39k. Financed you're looking at an easy $100 and potentially $200/mo. Paying cash, you could invest that $15k and make the difference in gas. Now throw in used cars that are just fine with 20k miles and there's another $7-10k savings.
I'm sorry bud, but you're defending something that doesn't make sense. It's a luxury. Enjoy it if you want. Some people don't want to pay more for a car thinking they're doing something good or saving money. You're not. That's fact.
My Y cost less than half that and the new Model 3 is cheaper than most new ICE sedans. What are you talking about?
You haven't been looking at ICE vehicles it appears. M3 vs Civic
We're just talking new. These are totally comparable cars. $24k is cheaper than $39k. Financed you're looking at an easy $100 and potentially $200/mo. Paying cash, you could invest that $15k and make the difference in gas. Now throw in used cars that are just fine with 20k miles and there's another $7-10k savings.
I'm sorry bud, but you're defending something that doesn't make sense. It's a luxury. Enjoy it if you want. Some people don't want to pay more for a car thinking they're doing something good or saving money. You're not. That's fact.
72
socal2
2023 Dec 18, 11:11am
WookieMan says
That is just MSRP with no dealer fees and you are comparing a base model Civic with a Tesla??
Please.
You haven't been looking at ICE vehicles it appears. M3 vs Civic
That is just MSRP with no dealer fees and you are comparing a base model Civic with a Tesla??
Please.
73
Eric Holder
2023 Dec 18, 11:14am
Eric Holder
2023 Dec 18, 11:14am
socal2 says
If the goal is to have a car of a certain size and # of doors and save money - why not?
WookieMan says
You haven't been looking at ICE vehicles it appears. M3 vs Civic
That is just MSRP with no dealer fees and you are comparing a base model Civic with a Tesla??
Please.
If the goal is to have a car of a certain size and # of doors and save money - why not?
74
PeopleUnited
2023 Dec 18, 11:30am
PeopleUnited
2023 Dec 18, 11:30am
socal2 says
Wookie was referencing the cost of installing solar charging capabilities and solar in general as EMan has done to battle rising electric rates. EMan is glad he did, but Wookie believes the upfront cost probably negates the nominal monthly benefits of solar. YMMV
I know where I live it would probably take 20 years just to break even with solar. It might make more sense to go with propane long term but propane costs can change too.
My Y cost less than half that and the new Model 3 is cheaper than most new ICE sedans. What are you talking about?
Wookie was referencing the cost of installing solar charging capabilities and solar in general as EMan has done to battle rising electric rates. EMan is glad he did, but Wookie believes the upfront cost probably negates the nominal monthly benefits of solar. YMMV
I know where I live it would probably take 20 years just to break even with solar. It might make more sense to go with propane long term but propane costs can change too.
75
WookieMan
2023 Dec 18, 1:22pm
WookieMan
2023 Dec 18, 1:22pm
socal2 says
Yes. I've been in both of these actual cars. Either way $15k has to come from someone to buy the Tesla. It's A to B. I don't care if you prefer a Tesla. That $15k has to come from somewhere.
Say you own a car for 5 years. That $15k comes out to $250/mo. I don't even care about models as I can get a car even cheaper than the Honda. I can get an ICE car and maintain it for under $250 a month all day. And I'm telling you, not predicting, telling you, your Tesla will cost as much as an ICE vehicle getting fueled up AND you'll have paid more.
Drive what you want to drive. Math is math. Your Tesla is more expensive and will 100% be more expensive in the future. You got lucky and bought at the right time. I don't blame you or am I jealous. I don't want a Tesla and that's okay. Enjoy yours for now. If you make good $$$$ you'll be fine, just know it's going to be more expensive in the near future.
That is just MSRP with no dealer fees and you are comparing a base model Civic with a Tesla??
Please.
Yes. I've been in both of these actual cars. Either way $15k has to come from someone to buy the Tesla. It's A to B. I don't care if you prefer a Tesla. That $15k has to come from somewhere.
Say you own a car for 5 years. That $15k comes out to $250/mo. I don't even care about models as I can get a car even cheaper than the Honda. I can get an ICE car and maintain it for under $250 a month all day. And I'm telling you, not predicting, telling you, your Tesla will cost as much as an ICE vehicle getting fueled up AND you'll have paid more.
Drive what you want to drive. Math is math. Your Tesla is more expensive and will 100% be more expensive in the future. You got lucky and bought at the right time. I don't blame you or am I jealous. I don't want a Tesla and that's okay. Enjoy yours for now. If you make good $$$$ you'll be fine, just know it's going to be more expensive in the near future.
76
Eman
2023 Dec 18, 2:03pm
Eman
2023 Dec 18, 2:03pm
This was why I asked for an apple to apple comparison. Speak fact rather than theoretical.
FACT: “Tesla Model 3 drivers traded in Honda Civics and Toyota Tacomas most frequently to get their electric vehicle, a new study shows.”
https://www.teslarati.com/tesla-driver-s-trade-in-most-frequent-honda-civic-toyota-tacoma/
The question is what kind of cars do people trade in for a Honda Civic? Tesla? 🤷♂️
FACT: “Tesla Model 3 drivers traded in Honda Civics and Toyota Tacomas most frequently to get their electric vehicle, a new study shows.”
https://www.teslarati.com/tesla-driver-s-trade-in-most-frequent-honda-civic-toyota-tacoma/
The question is what kind of cars do people trade in for a Honda Civic? Tesla? 🤷♂️
77
WookieMan
2023 Dec 18, 3:23pm
WookieMan
2023 Dec 18, 3:23pm
Eman says
Come on dude. I respect you more than most users here. You linked a Tesla site man. I stated fact and provided MSRP of similar models of cars. Sure a Civic doesn't jump off the line. It 100% is a similar car. $15k doesn't show up out of no where is my point. I don't care if over 10 years electric is cheaper. It's not when you factor in ALL costs. Like $15k more for the base model of a Tesla for a comparable car.
I'd love to be making shit up. I wouldn't have to discuss this. You guys know I'm right. Again, enjoy it for now. It ain't lasting forever.
The question is what kind of cars do people trade in for a Honda Civic? Tesla? 🤷♂️
Come on dude. I respect you more than most users here. You linked a Tesla site man. I stated fact and provided MSRP of similar models of cars. Sure a Civic doesn't jump off the line. It 100% is a similar car. $15k doesn't show up out of no where is my point. I don't care if over 10 years electric is cheaper. It's not when you factor in ALL costs. Like $15k more for the base model of a Tesla for a comparable car.
I'd love to be making shit up. I wouldn't have to discuss this. You guys know I'm right. Again, enjoy it for now. It ain't lasting forever.
78
Eman
2023 Dec 18, 5:57pm
Eman
2023 Dec 18, 5:57pm
It’s not about being right or wrong. It’s about comparing apples to apples. If it’s about getting point A to B, why buy a Tesla model 3 when a Bolt will do for $10k less? Why drive a Benz S550 when a Benz C350 will do for $50k less?
As SoCal mentioned above, the author and some folks here talk 💩 about Tesla/EV while the money/incentive is there for any car company to take. Also, Tesla paid back the loan with interest while GM got bailed out and never paid back the money. Where’s the outrage? Where’s the study about the cost per gallon for GM? Solyndra solar company took $500M from Obama and filed BK the next year. Where’s the study on that? The list goes on….
In CA, the projection is 32% increase in the cost of electricity by 2026. PG&E just got approved for 13% increase in 2024 so another 19% more to go in 2025 and 2026. I bought my EV in 2017 and saw electricity rate went up like 120% in 6 years. I saw the writing on the wall so I got solar.
I always go back to my thesis of “do what I can control”. No reason to get pissed off over stuff I can’t control.
It seems like we’re not going to agree on this so just let it go. Looking forward to 2025 and see how your prediction plays out.
As SoCal mentioned above, the author and some folks here talk 💩 about Tesla/EV while the money/incentive is there for any car company to take. Also, Tesla paid back the loan with interest while GM got bailed out and never paid back the money. Where’s the outrage? Where’s the study about the cost per gallon for GM? Solyndra solar company took $500M from Obama and filed BK the next year. Where’s the study on that? The list goes on….
In CA, the projection is 32% increase in the cost of electricity by 2026. PG&E just got approved for 13% increase in 2024 so another 19% more to go in 2025 and 2026. I bought my EV in 2017 and saw electricity rate went up like 120% in 6 years. I saw the writing on the wall so I got solar.
I always go back to my thesis of “do what I can control”. No reason to get pissed off over stuff I can’t control.
It seems like we’re not going to agree on this so just let it go. Looking forward to 2025 and see how your prediction plays out.
79
WookieMan
2023 Dec 19, 4:52am
WookieMan
2023 Dec 19, 4:52am
Eman says
I'm not looking to agree. I think that's pretty clear. Forget the utilities (though they matter). I don't think I'm being heard. Your government is going to tax the hell out of your car even if you have a grid free house. It's simple with vehicle registration. Roads don't maintain themselves for fun.
It's math. You can't have a car paying 0% taxes and using the roads that others are paying ridiculous taxes for AND they get subsidized. It's IL, but CA is substantially worse. Look at that screen shot. They will 100% tax you're EV at similar amounts. Government gets its money. Don't know this for sure, but I know the inner workings of government than probably any user here. Your EV "gas tax" is coming. That's the point I've been making. It won't be cheaper than an ICE vehicle even if you ignore price of the vehicle. It will be more expensive.
If you don't know anyone personally in government then you don't know. I am an elected official. I see multiple elected officials daily basically that have control over this. EV's are going to be taxed. Depends on how slow or fast CA wants to enact it.
Also I have no issue with Tesla or Musk. He's gaming a system and the bigs failed at taking advantage. Who cares? My point is the days of cheap EV usage are coming to an end. It will 100% be the same cost as an ICE with a higher MSRP sticker price. Where there's a market the government will take it from you. There's no disputing this. And I know it's coming.
It seems like we’re not going to agree on this so just let it go. Looking forward to 2025 and see how your prediction plays out.
I'm not looking to agree. I think that's pretty clear. Forget the utilities (though they matter). I don't think I'm being heard. Your government is going to tax the hell out of your car even if you have a grid free house. It's simple with vehicle registration. Roads don't maintain themselves for fun.
It's math. You can't have a car paying 0% taxes and using the roads that others are paying ridiculous taxes for AND they get subsidized. It's IL, but CA is substantially worse. Look at that screen shot. They will 100% tax you're EV at similar amounts. Government gets its money. Don't know this for sure, but I know the inner workings of government than probably any user here. Your EV "gas tax" is coming. That's the point I've been making. It won't be cheaper than an ICE vehicle even if you ignore price of the vehicle. It will be more expensive.
If you don't know anyone personally in government then you don't know. I am an elected official. I see multiple elected officials daily basically that have control over this. EV's are going to be taxed. Depends on how slow or fast CA wants to enact it.
Also I have no issue with Tesla or Musk. He's gaming a system and the bigs failed at taking advantage. Who cares? My point is the days of cheap EV usage are coming to an end. It will 100% be the same cost as an ICE with a higher MSRP sticker price. Where there's a market the government will take it from you. There's no disputing this. And I know it's coming.
81
socal2
2023 Dec 19, 8:20am
WookieMan says
You keep acting like it is going to be a light switch change. Maybe in crap-ass Illinois where your taxes and politicians are more retarded and corrupt than most the country and even California? But the Commies running our government are true believers in Climate Change and don't want to fuck over the transition to EV's by taxing them too hard early on.
So I fully expect that taxes on EV charging and registration will gradually phase in as more cars transition to electric - it is totally fair and needed to maintain infrastructure. No one is arguing this.
Meanwhile, I have been benefitting the last half decade driving the fastest and most advanced cars I could afford and those EV savings I already enjoyed might get gobbled up down the road in new fees. But at the same time, EV prices have come down dramatically. My first Chevy Bolt MSRP was over $45K back in 2018, now it is $30K.
I'm not looking to agree. I think that's pretty clear. Forget the utilities (though they matter). I don't think I'm being heard. Your government is going to tax the hell out of your car even if you have a grid free house. It's simple with vehicle registration. Roads don't maintain themselves for fun.
You keep acting like it is going to be a light switch change. Maybe in crap-ass Illinois where your taxes and politicians are more retarded and corrupt than most the country and even California? But the Commies running our government are true believers in Climate Change and don't want to fuck over the transition to EV's by taxing them too hard early on.
So I fully expect that taxes on EV charging and registration will gradually phase in as more cars transition to electric - it is totally fair and needed to maintain infrastructure. No one is arguing this.
Meanwhile, I have been benefitting the last half decade driving the fastest and most advanced cars I could afford and those EV savings I already enjoyed might get gobbled up down the road in new fees. But at the same time, EV prices have come down dramatically. My first Chevy Bolt MSRP was over $45K back in 2018, now it is $30K.
82
WookieMan
2023 Dec 19, 8:50am
WookieMan
2023 Dec 19, 8:50am
socal2 says
You're preaching to the choir my friend. It will be overnight. Literal flip of a switch. You appease 93% of the taxpayers in any corrupt state or keep the 3% happy? Edits after in the next comment. Slippery pinky finger and I somehow posted this.
You keep acting like it is going to be a light switch change. Maybe in crap-ass Illinois where your taxes and politicians are more retarded and corrupt than most the country and even California?
You're preaching to the choir my friend. It will be overnight. Literal flip of a switch. You appease 93% of the taxpayers in any corrupt state or keep the 3% happy? Edits after in the next comment. Slippery pinky finger and I somehow posted this.
83
WookieMan
2023 Dec 19, 9:00am
WookieMan
2023 Dec 19, 9:00am
socal2 says
Last comment was good but meant to post in one comment.
I've said multiple times over and over that you SHOULD take advantage. Long term it's not going to be cheaper is all I'm saying. This is coming from the people that tax you. Not me. It will be a flick of the switch as well and you're going to be pissed. I wouldn't blame you. I'm not the bad guy. Don't shoot the messenger. I've made predictions. Shoot me if I'm wrong. Until then I'd be cautious with what you think is a winner is all.
Also, $30k for a Bolt is hysterical. I get the prices are coming down. But seriously, that's moving in the right direction?? I can buy a lot of things for $30k that benefit me more than a car. I could get a cheaper car. You EV guys had made this a religion. I'm not arguing that they're less cost for NOW. I'm talking future. I know what I know.
But the Commies running our government are true believers in Climate Change and don't want to fuck over the transition to EV's by taxing them too hard early on.
Last comment was good but meant to post in one comment.
I've said multiple times over and over that you SHOULD take advantage. Long term it's not going to be cheaper is all I'm saying. This is coming from the people that tax you. Not me. It will be a flick of the switch as well and you're going to be pissed. I wouldn't blame you. I'm not the bad guy. Don't shoot the messenger. I've made predictions. Shoot me if I'm wrong. Until then I'd be cautious with what you think is a winner is all.
Also, $30k for a Bolt is hysterical. I get the prices are coming down. But seriously, that's moving in the right direction?? I can buy a lot of things for $30k that benefit me more than a car. I could get a cheaper car. You EV guys had made this a religion. I'm not arguing that they're less cost for NOW. I'm talking future. I know what I know.
85
Eman
2023 Dec 19, 10:27am
Eman
2023 Dec 19, 10:27am
@Wookieman,
What is long term to you? A decade or three?
What is the future to you? 2-5 years out or longer?
CA has already implemented a $175/year registration fee for EV to compensate for the “gas tax”. Backing out the number, it’s about right.
CA’s gas is freaking expensive compared to the nation due to all the required additives they make the refineries mix in with gas for “clean” burning. 😂 I still believe EV “saves” consumers money in CA. I don’t see myself going back to ICE in this life.
What is long term to you? A decade or three?
What is the future to you? 2-5 years out or longer?
CA has already implemented a $175/year registration fee for EV to compensate for the “gas tax”. Backing out the number, it’s about right.
CA’s gas is freaking expensive compared to the nation due to all the required additives they make the refineries mix in with gas for “clean” burning. 😂 I still believe EV “saves” consumers money in CA. I don’t see myself going back to ICE in this life.
86
Eman
2023 Dec 19, 10:29am
Eman
2023 Dec 19, 10:29am
The reason I ask for your time frame so I can do a “cost analysis” for all to see vs. the funny number from the author presented
87
WookieMan
2023 Dec 19, 11:21am
WookieMan
2023 Dec 19, 11:21am
Eman says
Laugh all you want. Electric will be more expensive. If I'm wrong I'm wrong. I'll own it. I don't think I will be. Willing to take the gamble.
I still believe EV “saves” consumers money in CA. I don’t see myself going back to ICE in this life.
Laugh all you want. Electric will be more expensive. If I'm wrong I'm wrong. I'll own it. I don't think I will be. Willing to take the gamble.
88
Eman
2023 Dec 19, 12:24pm
Eman
2023 Dec 19, 12:24pm
@socal2,
The moment Tesla rolls out the $25k EV be it 2025 or 2026, it’s game over for Corolla and Civic. The $7.5k tax credit is good till 2032 IIRC in addition to the state, local and utility company tax rebates.
The moment Tesla rolls out the $25k EV be it 2025 or 2026, it’s game over for Corolla and Civic. The $7.5k tax credit is good till 2032 IIRC in addition to the state, local and utility company tax rebates.
89
Eman
2023 Dec 19, 12:25pm
Eman
2023 Dec 19, 12:25pm
WookieMan says
Nothing to laugh about. I’m a numbers guy. I let that do the talking. It has served me well. No reason to change it if it’s not broken.
Eman says
I still believe EV “saves” consumers money in CA. I don’t see myself going back to ICE in this life.
Laugh all you want. Electric will be more expensive. If I'm wrong I'm wrong. I'll own it. I don't think I will be. Willing to take the gamble.
Nothing to laugh about. I’m a numbers guy. I let that do the talking. It has served me well. No reason to change it if it’s not broken.
90
Eman
2023 Dec 19, 10:00pm
Eman
2023 Dec 19, 10:00pm
Agree or disagree is irrelevant. The government will do what it wants to do. The goals, achievable or not, are up for debate. I highly doubt they’ll be achieved, but that’s just my opinion.
20% of all vehicles sold to be zero emissions by 2026
60% of all vehicles sold to be zero emissions by 2030.
100% of all vehicles sold to be zero emissions by 2035.
20% of all vehicles sold to be zero emissions by 2026
60% of all vehicles sold to be zero emissions by 2030.
100% of all vehicles sold to be zero emissions by 2035.
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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.