Electric Vehicles are APPRECIATING assets.
Setting aside curious accounting and examining the bigger picture, it’s clear.
Currently, the lowest lifetime operating cost of the most efficient internal combustion engine vehicle operated under normal driving parameters (approximately 13,500 miles per year) is approximately $0.25/mile inclusive of depreciation, fuel, and repairs. Split use cases (i.e. buying an affordable and cheap to maintain used car and driving it to end of life) can marginally reduce this figure, but they obviously do so at a cost to some other user. In essence, it is not possible to…