this post was submitted on 26 Jan 2024

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Elon Musk says Tesla workers will be sleeping on the factory floor when new $25,000 EV goes into production next year (www.techspot.com)

submitted 9 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world

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[–] crystalmerchant@lemmy.world 48 points 9 months ago (1 children)

Wasn't the model 3 supposed to be the affordable version

[–] TheFriar@lemm.ee 18 points 9 months ago (8 children)

Is $25k affordable? How much are cars? 25k sounds like a fuckload of money.

[–] greybeard@lemmy.one 33 points 9 months ago (1 children)

For a new car? $25k is a pretty low price, at least in the US. My car was $24k new 10 years ago. It wasn't particularly special then.

[–] Peppycito@sh.itjust.works 6 points 9 months ago

Supposedly my 2016 Corolla was 25k I think. But after all the fees and taxes and shit I feel like it was closer to 30k. All I know for real was that it was about $10/day for 7 years.

*Canadian $

[–] MedicPigBabySaver@lemmy.world 24 points 9 months ago (2 children)

$25K for a full electric car is the lowest price ever in the U.S.

I paid $21K for a used gasoline Honda Civic coupe just 2 years ago.

[–] the_q@lemmy.world 12 points 9 months ago

Chevy Bolt was under $25k before the $7500 credit. Now the same car is $40k.

[–] ozymandias117@lemmy.world 1 points 9 months ago

I paid 19k off the lot for a brand new Honda Civic in 2018

Kelly Blue Book lists it as 17-18k now after I’ve driven it all these years

I think people are surprised because price gouging on cars has increased so rapidly

[–] SparrowRanjitScaur@lemmy.world 11 points 9 months ago* (last edited 9 months ago) (1 children)

Some people pay like $60-80k for those big trucks you see

[–] magnus@lemmy.ahall.se 3 points 9 months ago

Big bucks for big trucks?

[–] moon@lemmy.cafe 9 points 9 months ago

$25k is actually very affordable for what new cars go for. That was deemed affordable 10 years ago, so hitting that price point today is an even bigger deal.

[–] NewNewAccount@lemmy.world 7 points 9 months ago (1 children)

How much do you think a new car costs?

[–] LemmyKnowsBest@lemmy.world 14 points 9 months ago (2 children)

about as much as a banana, Michael

[–] empty04@lemmy.world 9 points 9 months ago

So, what, I don't know, $10?

[–] Iwasondigg@lemmy.one 1 points 9 months ago

Go see a Star War.

[–] drmeanfeel@lemmy.world 4 points 9 months ago

Affordable? No, not to many people's finances

Relatively cheap for a new car? Unfortunately

A tough combination in a country where having a car is essentially mandatory in all but a few cities

[–] macrocephalic@lemmy.world 1 points 9 months ago

USD25K would buy you a sports spec Hyundai hatch, or a low spec 2wd SUV in Australia.

[–] Wiz@midwest.social 0 points 9 months ago

How much does a banana cost? $25,000?