Submitted by 909ito on Fri, 2015-11-06 07:01
Elon recently commented that he expected autonomous cars to become commonplace, and that cars without the feature will have negative value.
If Elon is right, the true cost of ownership just improved 10k to 20k? (assuming you are replacing a normal gasoline car with a Tesla - you are getting a trade-in value that has not yet been impacted by obsolescence)
Let's call this "trade-in savings".
Then, true cost of ownership = cost of buying Tesla minus resale value minus net fuel savings minus trade-in savings.
(does not factor important benefits of ownership such as top of class safety, environmental friendliness or driving pleasure)
Please let me know if I missed anything, thanks!