Comparing ICV to EVs to cellphones
I still hear friends complaining that EV (Electric Vehicles) are too expensive compared to ICV (Internal Combustion (gas) Vehicles). Or they are worried about the range or battery life...
Bloomberg thinks that peak ICV already here, the number of ICE vehicles sold will continue to decline year over year until there you can't buy them anymore - they are correct. Tesla vehicles are better in every way (safety, performance, reliability, price) than gas or diesel cars, already.
You might think the price is higher for EVs, but only the purchase price, if you consider the total cost of ownership, Teslas are cheaper. Cheaper because they have far better resell value, because charging is way cheaper than filling with gas (and getting cheaper), cheaper insurance, less maintenance, and more reliability. Never mind that you aren't killing the environment or children.
It's like comparing a feature phone with a smart phone:
A feature phone is:
- Cheaper to buy!
- Batter lasts longer (like a gas car has more 'range')
- It has buttons!