this post was submitted on 30 Apr 2024
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Tesla to lay off everyone working on Superchargers, new vehicles (arstechnica.com)
submitted 7 months ago by ForgottenFlux to c/technology
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[–] [email protected] 1 points 7 months ago (1 children)

The avarage used car loan in the United States is 26k. That price is not "out of reach for the vast majority of people buying used cars".

[–] themeatbridge 1 points 7 months ago (1 children)

The average is not the median, and there's about 20% of the population living below the poverty line that can't qualify for a car loan. If you exclude the top 10% that can afford much higher loans, that average goes way down.