Tesla Inc (TSLA)

[Scumbag Fraudsters]

Still WAY MORE than the average American can afford.

That's nearly FIFTY THOUSAND DOLLARS! (charger not included).

That shows how disconnected you are.

Bloomberg -- April 25, 2023

At $46,990, the base Model Y now costs $759 less than the average amount paid for a car or truck in the US.Apr 25, 2023

With the average new car price at almost $50,000, it seems like only the rich can buy new cars today!

Think about it. If you follow my 1/10th rule for car buying, you need to earn $500,000 to buy the average new car. However, a $500,000 household income is the start of a top 1% income!

Even if a new car buyer violates my 1/10th rule and spends 20% of their annual gross income on a car, that still means they earn $250,000 or more a year.