they could have bought a <$25k used EV last year and saved $4k with the EV tax rebate.

The people who were in the market for a car last year are by and large not the same people who are in the market today.

Plus let’s not forget, the actual EVs on the used market 12 months ago were different than today’s. Someone looking to buy a 3-year-old car today has to look for something originally sold in 2023, whereas 12 months ago they were looking at 2022 vehicles, with fewer models available and significantly fewer vehicles actually manufactured and sold.

For everything the Trump administration has done to make solar and wind power less economically feasible, it turns out his war in Iran has done way more to make fossil fuel consumption less economically feasible as well.

There really was a huge increase in the number of EV models available between model years 2018 and 2023.

So now, when you’re looking to buy a 3-year-old car, you have so many more EV options to choose from even compared to just 2 years ago.

You can choose different form factors (small cars, sedans, wagon/crossover/small SUVs, medium SUVs, literal pickup trucks), and basically any price tier from economy to ultra luxury high end.

Not every ecological niche was filled in the past 5 years, and some still need a bit more competition, but even with some pullback over the last year there are still plenty of new EVs hitting new categories (e.g., true three-row SUVs and minivans) that will feed into tomorrow’s used market.

And not every model will survive. The future of all-electric full size pickups looks pretty grim. Some entire companies might not survive the EV transition (looking at you, Honda). But overall, the used market will fill out with what was hitting the new market 5-10 years ago, and we’ll start to see a lot of consumer preferences start showing what the future of cars will look like.

goshery store

Kinda depends on the rock, right?

Starship has charged $90m so far. That’s including a healthy profit I’m sure.

SpaceX has a contract with Voyager Technologies for a 2029 launch at $90m. I would read that in the opposite direction as you, where you assume that it’s costing SpaceX less than what they’re charging. That’s far enough away that I’m not sure they’re going to be able to keep that price or be certain that they can actually launch on time or make a profit at that price.