Tuesday, April 3, 2018

Tesla Model 3 Costs More To Charge Than A Gasoline Car

Most people know the cost of driving a car that runs on regular gasoline. You take the price of the fuel per gallon, and divide it by the Miles Per Gallon (MPG) number that your car yields. The resulting number is the “cost per mile” in variable fuel cost terms.

So far, in the switch to electric cars, the cost of electricity per mile driven, has not been the subject of much discussion. It’s just somehow assumed that an electric car costs less to drive than a gasoline car. There are at least two reasons for this:
  • Many early adopters don’t care about the cost of the fuel (electricity) because all they want is to try the new technology. Trying new technology is, after all, cool in and of itself - especially tech for sports cars.
  • Many early adopters pay literally nothing for the electricity. Why? Because they charge their cars almost exclusively at one location: Their office, during the day, where the electricity is provided free-of-charge. You just can’t beat 100% free.
However, most of the world does not look like the parking lot at Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) headquarters, or many other larger companies in Silicon Valley. Most people in the world don’t live in houses with safe garage space, and most people don’t work at large Silicon Valley companies, where EVs make up a disproportionate share of the employee car park.

Spontaneous combustion, driver and family killed

Dead, after blowing up then crashing