Can you compare the lifetime cost savings for owning a Tesla electric car in California over a gasoline engine car?
user
Would you like me to provide data or a personal analysis?  I can provide a link to some facts.
assistant
I would prefer some data on the topic.
user
I can compare the total cost for an individual in California to own either car, and provide details on the number of years for which the comparison is accurate.
assistant
Can you compare the lifetime cost savings for owning a Tesla electric car in California over a gasoline engine car?
user
Would you like me to provide data or a personal analysis?  I can provide a link to some facts.
assistant
I would prefer some data on the topic.
user
Here are some basic facts about California’s tax credit and the average price of a Tesla Model S in California:

Average price of Model S in California is $80,000

2017 state gas tax credit was $5,000

Average California gasoline price is $3.21

The amount of state tax credits available in California are between $2,000 and $3,000, with the higher amount being only available to high income residents.

Overall, the lifetime cost savings for buying a Tesla over a gasoline car can be calculated as follows:

$100,000 savings on gas purchases x 40 years (assumed lifetime of car) = $4 million

Cost savings on lower California gas tax credit payments over lifetime = $3,000

Cost savings from sales tax exemptions on Model S purchase price over lifetime = $2,000
assistant
Can you compare the lifetime cost savings for owning a Tesla electric car in California over a gasoline engine car?