this post was submitted on 19 Sep 2023
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[Dormant] Electric Vehicles

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Shawn Fein said Detroit's Big Three should not compare their labor costs with Tesla, whose workers "are scraping to get by."

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[–] Wooster@startrek.website 1 points 1 year ago (1 children)

Except that isn’t guaranteed. Unless I’ve got 7.5K+ in taxes I’m not getting a $7.5K federal discount. And even if I did, I still have to front that $40K bill until taxes hit.

If you have money, then 40K is nothing. If you don’t then it’s untenable.

[–] NotMyOldRedditName@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

If I'm looking at this calculator right (I might not be...) it looks like even someone making 40k would still get 6k back, and many states have their own incentives still, so it's still going to be many thousands less than 40k either way.

40k is $19.24/h

Edit: and I'm not suggesting someone making 40k should buy a 34k car, but the median household income is 75,580, and after taking all EV savings into account its not a terrible decision.