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IPFS News Link • Transportation

Elon Paw

• https://www.ericpetersautos.com, By eric

In particular, the best-selling Tesla, which is the Model Y. Which is a more bulbous version of the Model 3 hatchback sedan. They are similar because EVs are essentially all the same. One "skate" fits all. Just change the shape of the plastic extruded over it.

The $66,000 to start Model Y, however, is even pricier than the Model 3 – by about $16,000. That makes it even harder to sell – without subsidies – for reasons that have nothing to do with it being electric but rather expensive.

Well, except for the fact that it is expensive because it is electric.

Battery-powered vehicles are becoming more expensive, too – because there is less lithium available. And without lithium to make the massive battery packs that power even small EVs such as the Model 3 and Model Y (both about the same overall size as a Honda Civic sedan) the EV is a no-go.

This may prove to be the EV's Achilles Heel, too. Lithium batteries have a number of advantages over lead-acid, sodium and other batteries as power storage devices for EVs but one of these is not lower cost. As EV production – goaded by mandates and subsidies – increases, so will the cost of lithium and thus, of EVs that use lithium-based battery packs.

This being what has come of putting all their EV eggs in one basket.

At any rate, the Model Y is as expensive as a Porsche Cayman – and very few people can afford a Porsche Cayman. The difference is Porsche caters to a small audience of people who have the means to buy a Porsche, whereas Tesla wants a larger audience of people – the taxpayers – to "help" a small audience of people buy its cars.


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