Actually I do live in SF. If you put a million dollar note on a house you are the mother of all house poor.
One point I make is the Tesla is luxo-sport car. Costs a lot new like any other sporty car. So the cost of a new Tesla vs a used gasoline power car isn't really a fair comparison. Looking on Craigslist, you can get a used Nissan Leaf $10k, cost per mile is $0.035. One can run numbers but the cost of ownership is probably $300/mo.
Problematical in places like SF is the lack of parking and thus lack of charging. Though large numbers of people do have or rent garages. In Suburbs a problem can be many people have long commutes that exceed the range of an electric car.
Interestingly a friend just threw down for one of those million dollar homes in SF and is considering an electric car to avoid having to ride the google bus. I'll be interested in how it works our for him. I do have another friend that lives in Oakland, he has a leaf seems to like it.
> One point I make is the Tesla is luxo-sport car. Costs a lot new like any other sporty car. So the cost of a new Tesla vs a used gasoline power car isn't really a fair comparison. Looking on Craigslist, you can get a used Nissan Leaf $10k, cost per mile is $0.035. One can run numbers but the cost of ownership is probably $300/mo.
I guess that's kind-of my point. If millenials can't afford to buy houses they're probably not buying luxo-sports cars. It's not that a Tesla is a bad idea, it's just that the idea that millions of young people with no real assets are going to buy them is a fantasy.
I would suggest that it's roughly as silly as saying pretty soon all the millenials are going to be driving 5 and 7 series BMWs. Not unless those cars come down in price by 80%-90% or everyone somehow magically gets rich AND there's no inflation.
One point I make is the Tesla is luxo-sport car. Costs a lot new like any other sporty car. So the cost of a new Tesla vs a used gasoline power car isn't really a fair comparison. Looking on Craigslist, you can get a used Nissan Leaf $10k, cost per mile is $0.035. One can run numbers but the cost of ownership is probably $300/mo.
Problematical in places like SF is the lack of parking and thus lack of charging. Though large numbers of people do have or rent garages. In Suburbs a problem can be many people have long commutes that exceed the range of an electric car.
Interestingly a friend just threw down for one of those million dollar homes in SF and is considering an electric car to avoid having to ride the google bus. I'll be interested in how it works our for him. I do have another friend that lives in Oakland, he has a leaf seems to like it.