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

Lee Duna@lemmy.nz to Technology@lemmy.world – 368 points –
Elon Musk says Tesla workers will be sleeping on the factory floor when new $25,000 EV goes into production next year
techspot.com
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Wasn't the model 3 supposed to be the affordable version

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

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.

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 $

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

I live in a shitty neighborhood. The amount of Audi, bmw, Porsche SUVs is crazy.

The trick is, luxury cars drop in value insanely fast. A 2 year old Audi is often about the same price as a new Honda. The problem these people don't account for is maintenance costs. They think they are getting a deal, then they are getting dragged down by an unreliable vehicle that they can't afford to fix.

They think they are getting a deal, then they are getting dragged down by an unreliable vehicle that they can't afford to fix.

If memory serves, the outliers here are Lexus and Audi which both score high on reliability ratings. I could be wrong though, is been a couple of years since I looked into owning a car.

True, Lexus is a Toyota brand, and at least historically shared a lot of parts with Toyota cars, so maintenance wasn't always crazy. In the case of Audi, they might be quite reliable, but I know repairs/maintenance, when needed, is very expensive.

Lexus is probably highly reliable but Audi's have the same problem as other German makes- tons of cheap plastic under the hood that disintegrates at around the 5 year mark. There are lots of YouTube videos about it.

Yeah I've been keeping an eye on old beaters just to drop my kids to school and a 20yo Volvo SUV is as cheap as a 20yo Mazda.

$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.

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

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

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