How about for us less fortunate folks. NY 11003, which is not NYC but close enough for a commute.Depends on location and model.
I just ran quotes for Colorado Springs:
Tesla Model 3 long range: $1534 for six month
Toyota Sienna Hybrid: $834 for six months
VW ID4: $752 for six months.
That is all Progressive, which is not most affordable here in CO last 5-6 years.
There are more variables than just ZIP code income etc. Colorado Springs, where I am, has above average cost of insurance bcs. we are hail capital of the US. Las Vegas doesn’t have any storms, but my in laws pay high car insurance bcs. bunch of drunk tourists etc.How about for us less fortunate folks. NY 11003, which is not NYC but close enough for a commute.
Gotcha. My son learned the hard way moving from Whidbey Island, WA to the Tampa area of Florida, IIRC his auto insurance tripled, and then some. I have a feeling when his lease is up he's out of Florida.There are more variables than just ZIP code income etc. Colorado Springs, where I am, has above average cost of insurance bcs. we are hail capital of the US. Las Vegas doesn’t have any storms, but my in laws pay high car insurance bcs. bunch of drunk tourists etc.
in San Diego for example, where I lived before moving here, I paid around 30% less for car insurance.
Florida has double whammy. Regular storms, and anarchic insurance market.
You missed the part of industrialists backing the lobbying efforts to build roads at local, state, and federal level.The biggest difference between the times surrounding the horse/car debate is that the free market was the entire driving force behind the competition. I don't remember reading in our history books of the promised demise of fodder for the horse by the then current aristocracy.
At some point the states are going to be upset at loosing the petro tax dollars and put a huge road tax based on mileage on these things.
They already have the scheme figured out, you go for the inspection sticker once a year thy get the odometer reading and that's it they know you went x miles in this vehicle. Mass is quietly making changes as to when the car gets inspected, so far the Fed and state have been throwing money at EV buyers and the EV owners have been getting over but that is coming to a screeching halt.
I would only question why the push?..
You missed the part of industrialists backing the lobbying efforts to build roads at local, state, and federal level.
Remember roads did not exist ! They were miserable, bumpy and sometimes not passable horse and wagon trails when automobiles starting taking off.
Massive amounts of money were pushed into building a network of highways and roads. The current push of EV is smaller task to make happen in terms of infrastructure changes.
Seems to me that Tesla put in Tesla chargers - now their competitors want who to do that ?I would only question why the push?
Why tax dollars being spent? the public isnt demanding it
Yeah and think about this one. Tesla might be considered a monopoly one day and have the recharging stations split up.Seems to me that Tesla put in Tesla chargers - now their competitors want who to do that ?
Insurance companies know the insane torque ev's have and that morons will race from stoplight to stoplight so theirs a premium. What's the insurance on a dodge hellcat or a mustang gt500?Depends on location and model.
I just ran quotes for Colorado Springs:
Tesla Model 3 long range: $1534 for six month
Toyota Sienna Hybrid: $834 for six months
VW ID4: $752 for six months.
That is all Progressive, which is not most affordable here in CO last 5-6 years.
You are thinking about the oil cartelYeah and think about this one. Tesla might be considered a monopoly one day and have the recharging stations split up.
Right now, it would be like allowing GM or Toyota to control all the gas stations where their cars have to fill up.
I have no idea. You can check.Insurance companies know the insane torque ev's have and that morons will race from stoplight to stoplight so theirs a premium. What's the insurance on a dodge hellcat or a mustang gt500?
Profit from operations is incredible leverage that allows companies to grow, invest, undercut their competition and more.I understand as an investor some people may care about Tesla profit margin but the consumer could care less and why the success of Amazon.
In fact and it’s low profit margins that Amazon is the most successful retailer in the world.
It’s also fact in 2021 Tesla had zero profit in the United States and much of its profit was in China which is now under increasing price pressures as Tesla started offering incentives for the first time on the Chinese built vehicles and another company is overtaking them by huge margins.
This is why I felt when Tesla was selling at 90 times earnings except for speculation it wasn’t a stock to pour money into at that high PE but if you don’t agree it’s a perfect time to buy now that the price is down 50% from 12 months ago.
These are my personal feelings, dozens of car manufacturers around the world make motor vehicles, it’s a simple as that motor vehicle. Electric motor or gas motor it’s a vehicle and now all the gas motors in those vehicles a large percentage are being changed into electric motors. Just doesn’t seem rocket science to me when those manufacturers sell between 3 and 20 times earnings Tesla was selling at close to 100.
But again I’m just saying the public only cares about price, enthusiasts care about other stuff that adds value to their purchase and those are the people in these forums dominput is a little lope sided??
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