- First Name
- Apr 13, 2020
- Reaction score
- Western US
- Dual Motor Cybertruck
The aggregate of all new car purchases gives you an average of $38k, but look at the data at a granular level:Not much to debate there. The average American apparently paid $37K for his car last year. The M3 is now selling for $38K without any subsidy and Tesla estimates cost savings of $7K relative to an ICE vehicle but shelve that as the consumer is interested in what he can get it off the lot for. If the promises of battery day are realized then Tesla will be at or below parity with ICE vehicles and the game will, presumably, be over for ICE.
NEW mid-sized cars average $27k, and sub/compacts even less than that (as low as $16k). A mass market, critical-mass vehicle will likely need to be in that price range.
Another glaring hole in this data is that it only captures a small segment of the entire automobile market - new car purchases. The average American is not spending $38k on car, they are probably spending close to half of that on something used (or brand new if subcompact). So if you really want all ICE vehicles off the road you need to give these people an option.
We aren't talking about blanket EV subsidies to the auto industry here (which I support). We are talking about Tesla making a shell company so that it can extract additional tax subsidies on top of what they've already received in order to boost demand on a product they already have years long backlog for.You still aren't getting it. It is an incentive to the Rivian's, Fiskers, Nikolas, Jaguars, BMWs, Fords... to produce BEVs. Unfortunately none of them are building BEVs that people want to buy because Tesla is so far out front and so the benefit intended to accrue to them by the rebate is not being realized.