From Torque News.
The gas vs. electric debate has been settled by my wallet. I took two of the most popular vehicles on the road – the electric Tesla and the ubiquitous Ford Escape – and tracked the true monthly cost of "fueling" them. The final number shocked me, and it might make you rethink your next vehicle purchase.
I dive deep into the data from the recent Yahoo Finance article to give you the clearest breakdown possible, separating hype from reality!
Monthly Tesla Charging Cost: Calculation of the expense associated with powering a Tesla, primarily through residential charging.
Monthly Ford Escape Fuel Cost: Calculation of the expense associated with filling up a gasoline-powered Ford Escape.
Cost Difference/Savings: The direct dollar-for-dollar comparison showing the resulting savings or loss when choosing one vehicle over the other.
Impact of Home Electricity Rates: The variable factor of local electricity prices on the overall cost of EV ownership.
Impact of Gasoline Prices: The variable factor of fluctuating gas prices on the Ford Escape’s operational cost.
Public Charging Costs (Supercharging): Analysis of using Tesla’s faster, but more expensive, public charging network.
Annualized Fuel/Energy Costs: Extending the monthly comparison to an annual figure to illustrate long-term financial impact.
This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com for daily automotive news. Also, follow us on Telegram at https://t.me/teslaev
Reference: Yahoo! Finance
https://finance.yahoo.com/news/costs-charge-tesla-monthly-vs-105515575.html


