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BTW - if you ever get a chance to roadtrip in a Tesla, check it out. Can't tell you how much more enjoyable and less stress it is to simply turn on Autopilot and let the car handle all the freeway driving.
True costs of fueling an electric vehicle, including excess charging costs and subsidies, is equal to $17.33 per gallon of gasoline, a new analysis found.
https://t.co/SSSkctoMeO
I pay full freight and I am still saving nearly $200/month in gas.
I have a V8 ICE Nissan Armada and live in the middle of no where. I don't spend $200 in gas a month. Not sure what you were driving before because you're not saving $200/mo in gas when factoring in electric. A semi?
I got no rebates, get no subsidies and pay some of the highest electricity rates in the country living in SoCal. Even with an EV, I use less electricity than my neighbors with pools and AC.
I pay full freight and I am still saving nearly $200/month in gas.
Minimum wage was $1.60 an hour back in 1970. Cars were affordable relative to minimum wage. You could spend 5 years earning minimum wage to comfortably paying off the car loan for a Maverick. City/Highway mileage was 17/22 only :-/
I average 1,200 miles a month including family road trips and gas is over $4.5/gallon.
zzyzzx says
Still paying the electric and you're not going to a super charger station every time unless you don't value your time. Or you hire an electrician to install a proper charger. There goes another $2k at least.
WookieMan says
Still paying the electric and you're not going to a super charger station every time unless you don't value your time. Or you hire an electrician to install a proper charger. There goes another $2k at least.
And I just got a letter from PG&E showing the new rate plans based upon what I paid in electricity last year. $300 more projected for EV charging plan.
Less demand for oil makes ICE vehicle cheaper.
Toyota is doing an end run around the 'designed to fail Green Electric Vehicle' by investing in production lines of hydrogen vehicles. I gather hydrogen may be a technology that works, to the consternation of the energy heroin dealers.
Bloomberg) -- Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak demand and high repair costs for its battery-powered options.
The sales of 20,000 EVs began last month and will continue over the course of 2024, the rental giant said Thursday in a regulatory filing. Hertz will record a non-cash charge in its fourth-quarter results of about $245 million related to incremental net depreciation expense.
The dramatic about-face, after Hertz announced plans in 2021 to buy 100,000 Tesla Inc. vehicles, underscores the waning demand for all-electric cars in the US. EV sales growth slowed sharply over the course of 2023, rising just 1.3% in the final quarter as consumers were put off by high costs and interest rates.
“The elevated costs associated with EVs persisted,” Hertz Chief Executive Officer Stephen Scherr said in an interview. “Efforts to wrestle it down proved to be more challenging.”
Hertz plans to use some of the money raised by selling off EVs to buy gas-powered vehicles. “The company expects this action to better balance supply against expected demand of EVs,” it said in the filing.
The shift back to more conventional cars marks a reversal of a strategy centered on EVs, which the company hoped would fetch higher prices at the counter and hold their value.
Tesla’s price cuts raised his company’s depreciation costs, Scherr said. EVs also come with higher repair costs compared to the rest of its cars, which has hurt its bottom line and played a big role in missing third-quarter earnings estimates.
Higher repair costs? You mean like having to replace an entire $26,000 battery pack if the car gets in an accident that otherwise would be a minor fender bender?
I think you should try to test drive some of those cars from the 60s and 70s. I had a friend who recently paid quite a bit of money for a well-restored Mustang V8 from that era (sadly, an automatic). He soon realized that, although our current cars are mostly soulless and have entirely too many electronic "features," they are miles easier to live with on a daily basis. He sold it pretty quickly.
That rarely happens. At least not with Teslas.
This whole story is a nothing burger for Tesla. Tesla still can't build cars fast enough to meet their astronomical demand.
80% of Hertz' EV fleet they are complaining about the repairs being costly are Teslas.
And yet Hertz is taking a bath in selling these off.
But it has nothing to do with the battery as you were alluding to.
Who wants to buy a beat-up rental Model 3 when you can get a brand new Tesla for a few thousand more?
Doesn't change the fact that EVs are shit.
How do you know?
Honest question. Have you ever owned an EV? If yes, which one(s) were they? When you say EVs are 💩. Is that based on your personal experience?
Eman says
Honest question. Have you ever owned an EV? If yes, which one(s) were they? When you say EVs are 💩. Is that based on your personal experience?
They've driven golf carts - so they know what it is all about!
Toyota guy at the dealership says Tesla is just a fancy golf cart. No difference!
Because our moron media would be screaming it to the rooftops if there was any hint of Tesla battery failures.
Honest question. Have you ever owned an EV? If yes, which one(s) were they? When you say EVs are 💩. Is that based on your personal experience?
UkraineIsFucked says
Doesn't change the fact that EVs are shit.
Honest question. Have you ever owned an EV? If yes, which one(s) were they? When you say EVs are 💩. Is that based on your personal experience?
EV's need batteries that aren't proprietary and DIY replaceable, an
Sure they work fine in Cali, but don't try that shit where it gets cold.
https://www.msn.com/en-us/autos/news/chicago-area-tesla-charging-stations-lined-with-dead-cars-in-freezing-cold-a-bunch-of-dead-robots-out-here/ar-AA1n1Q5i?ocid=hpmsn&cvid=d0d06ef048f24c9284b3d7922557d2c4&ei=60
Eman says
Honest question. Have you ever owned an EV? If yes, which one(s) were they? When you say EVs are 💩. Is that based on your personal experience?
It's based on market data. Personal experience is only something EV Fluffers resort to.
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