[bkirkby]

With tax credit the cheapest Tesla is $30k. With default interest and loan terms, the Tesla would cost about $4500 / year.

Median annual household income in the US is $71k, so the cheapest Tesla would be ~6.3% of median household income.

Personal finance experts say car loan payments should be no more than 10% of take home pay. (https://www.nerdwallet.com/article/loans/auto-loans/much-spe...)

You not being able to afford a Tesla and the cheapest Tesla being generally affordable can both be true.

[ealhad]

Do you know what this median annual household income of $71k means outside of the USA? Inequality is a global problem, unfortunately. Cheapest Tesla being generally affordable in one country doesn't mean it's not fairly expensive.

Side notes: - the World Inequality Database is full of interesting data (https://wid.world/) - I'm not sure the median income is always relevant (I mean, if half of a given population couldn't affort to eat correctly, I wouldn't say food is "generally affordable") - fortunately, not everybody needs a Tesla, let alone a car

[mrtranscendence]

Well, what's "generally affordable"? $30k for a car isn't even that expensive these days (in the US at least), relative to the competition. The average cost of a new car in the US is almost $50k. Except for the very cheapest new cars you're almost certainly going to pay over $20k.