As much as I would like to say I'm saving money, I probably don't. I could have bought a much cheaper car and overall saved money even with buying gas. But there were other reasons why the Model S was a good decision.
I drive an average of 120 miles a day using 36 kWh. Charging needs approx 20% more * 10 ct per kWh = $4.32. In a similar ICE it would be roughly $18. So far I saved approx $7000 (driving 60k miles). Adding in savings on oil changes and other ICE related things, in 5 years that will be $30k less than an ICE. Subtracting that from the price I payed for the Model S I could have gotten a decent ICE car for the same total cost of ownership. So in the end I don't save money but looking at it this way, the Model S isn't as expensive as some people see it.
I drive an average of 120 miles a day using 36 kWh. Charging needs approx 20% more * 10 ct per kWh = $4.32. In a similar ICE it would be roughly $18. So far I saved approx $7000 (driving 60k miles). Adding in savings on oil changes and other ICE related things, in 5 years that will be $30k less than an ICE. Subtracting that from the price I payed for the Model S I could have gotten a decent ICE car for the same total cost of ownership. So in the end I don't save money but looking at it this way, the Model S isn't as expensive as some people see it.