Depends.
“A Model S owner's annual income is over $150,000. - The average annual income of a Tesla Model S owner is $151,096.Jun 11, 2022”
“If you're single, and your modified adjusted gross income is over $150,000, you won't qualify for the EV tax credit. The EV tax credit income limit for married couples who are filing jointly is $300,000”
Yes, average is 151 but that means several are under. People could also pay with cap gains, savings, etc.
And if filing head of household (which I do), that bumps the income threshold up to 225k.
As far as “stretching”, yes I’d say many people stretch to get a Tesla. I was foolish to pay half my annual salary for one but it also convinced me to invest in TSLA so in the end, it worked out.
Since my OP on Feb 1, MS prices have come down dramatically which now makes the MS much more enticing again. I can now buy a new plaid for what I paid for my 2017 MS90D. That’s amazing. I wouldn’t have paid the original 140k.