I know there are a lot of snobby EV owners who would not look at an ICE, but the vast majority of drivers don't mind or feel the need to be an early adapter to EVs.
I can get a model 3 $55,000 out the door or I can get another very nice new car for $35,000 out the door and have $20,000 in my pocket. I think most people out there would prefer the latter. In fact, I would go with the latter if not for the full tax credit.
I believe for most people without excess income, the model 3 has trouble competing vs the new cars that are coming out without the tax credit and worry about TSLA selling model 3s a few years down the line. (Although i love their semi prospects)
As an investor, I would love for the model 3 to gobble up the Camry/accord market. But I don't believe that will happen within the next ten years.
I can get a model 3 $55,000 out the door or I can get another very nice new car for $35,000 out the door and have $20,000 in my pocket. I think most people out there would prefer the latter. In fact, I would go with the latter if not for the full tax credit.
I believe for most people without excess income, the model 3 has trouble competing vs the new cars that are coming out without the tax credit and worry about TSLA selling model 3s a few years down the line. (Although i love their semi prospects)
As an investor, I would love for the model 3 to gobble up the Camry/accord market. But I don't believe that will happen within the next ten years.