I don't entirely buy the author's depreciation argument, since that assumes you're trading in your car every 5 years as opposed to driving it for 15-20+ years until it ready to literally fall apart.
But even still, when you consider significantly reduced maintenance and fuel costs, it's not that far off.
https://cleantechnica.com/2023/06/04/tesla-model-3-lifecycle...
I don't entirely buy the author's depreciation argument, since that assumes you're trading in your car every 5 years as opposed to driving it for 15-20+ years until it ready to literally fall apart.
But even still, when you consider significantly reduced maintenance and fuel costs, it's not that far off.