Comment by ruswick | Hacker News Reader

Comment by ruswick | Hacker News Reader

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The average yearly income in the US is $43,000. The base price of a Model S is $63,000. There is simply no way to afford a Tesla as an average, middle-class laborer without making massive tradeoffs in quality of life elsewhere. If you can afford a car that costs such an absurd amount of money, you are either living in squalor to afford it or you are not middle class. It's tiring to see people who are obviously the beneficiaries of economic privilege pretend as though they are "average." You are not, and to assert that you are demonstrates a fundamental ignorance about the difficulties that "average" people face.

As for the house argument, you and I both know that the two are totally incomparable. Putting a roof on your head is a much bigger priority than buying an electric supercar. People need to pay for shelter. They generally can't afford to pay a lot for luxury cars. If you argument is true, why isn't everyone buying $63,000 cars? (Not to mention the millions of people who can't even afford homes.)

Your posts demonstrates everything that is wrong with class stratification in America. I don't think you or your friends who elected to choose Teslas over Porches know what it means to be "average."

I know a local gardener/landscaper laborer in the SF bay area who makes $25 an hour in cash by working after hours. If a Tesla lease is $600 a month (the website says that, but it's based on some assumptions including where you live), he would have to work about five hours a week extra to afford a Model S.

That means this SF bay area laborer must give up a Saturday or Sunday afternoon every week, but it's hardly impossible "to afford" or a "massive tradeoff in quality of life." On the other hand, it's challenging to haul a few thousand pounds of mulch in a Tesla, I expect.

Ok, so if you commit tax evasion in an all-cash business, you too can work just an extra 1/2 week every month to lease a tesla, after factoring in the tax breaks EXCEPT... from my 5 minutes of research, the $7500 tax credit is not a refundable credit so in his all cash business if he's not at least paying $7500 a year in federal income taxes, he won't get the full benefit of that credit.

Oh, and the $600/mo assumes a $7100 down payment, which needless to say is far more than the average down payment on a car and is really more like what the average american puts down on a HOUSE. In other words: c'mon.

Not to mention the opportunity cost of that money. If you're making $25/hr in SF you do not have a high standard of living, especially when compared to your neighbors which, studies have shown, is exactly how we measure our own financial happiness.

In this case, the SF bay area fellow I know works five days a week for a landscape/gardening company and pays taxes on that income. ($25/hour cash is additional off-the-books income.) And, contrary to your research, California has a $10,000 incentive.

Though you're right about the down payment, so let's assume it will be a used Tesla and therefore cheaper. And you're right about the relative comparison point. But these were rough numbers, remember, and not intended to be a detailed argument as much as a refutation of the impossible "to afford" claim above.

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