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What Is the Monthly Cost of a Tesla? - YouTube
Channel: Ben Sullins
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hey what's up data geeks today I've got
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kind of a short video for you here I was
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doing some analysis recently on the
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money hopefully saving by having a Tesla
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and it's something that they tout on
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their website as saving six to nine
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thousand dollars a year I think and they
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even factored in when you look at the
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overall cost of you know your monthly
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payment or whatever
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so I got mine back in January and or
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early February late January and I've had
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it this whole year it's November now so
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you know good sample size here and I
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wanted to actually go back and analyze
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my bill and my electric bill and compare
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kind of the gas prices and everything
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else figure out if and how much I'm
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actually saving on by having this car so
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what I have here on my screen is some
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data I pulled together and this first
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data set here just shows the actual
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electricity bill I have from the local
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electrical company here so this is each
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month you can see the number of billing
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days the on peak the off-peak charges
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and then these super off-peak charges
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now I highlighted this because here in
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California we have a special rate that
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you get during this time for electric
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vehicle owners so if you have a Tesla or
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any other kind of electric vehicle but
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if you're going to buy one just get a
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tell so don't even worry about the other
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ones you should apply for this and you
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can get I think it's close to forty to
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fifty percent off of the actual rate the
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normal kilowatt per hour rate that they
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charge you
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and so I highlighted this column because
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essentially this is all the money going
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towards the cost of gas or what would be
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gas for my car per month and so you can
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see here the average is about sixty
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bucks and that's not nothing and so I
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wanted to get deeper and figure out you
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know how much it actually cost kind of
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per mile and all that I also did some
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analysis of times when I wasn't home and
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my car wasn't here so it wasn't charging
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so I could see you know okay maybe we
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have the dishwasher going or whatever
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else and is all of this money here all
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these charges going towards the car and
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after looking at that I figured it's 99
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percent so even with dishwashers and
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other things that you've scheduled to go
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at midnight or whatever during this time
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it really doesn't add up too much so I
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figured you know what just to be
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conservative let's apply all of it to
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the cost of transportation here so then
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I was able to pull down the number of
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miles driven and I did that with this
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app I use called mile IQ which actually
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shows you it's an easy way to classify
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business versus personal travel and all
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that kind of stuff so you can get
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reimbursed for for all your driving so I
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did that and I looked and I got the
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number of miles per month and I punched
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that in there I had to take an average
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for September because I changed my phone
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over and it lost some data or whatever
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so you know looking at that and where
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the trend was going I calculated that
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that was the number for September then I
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took the average gas price and I'm here
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at San Diego so gas is pretty cheap or
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so it's pretty expensive it's it's not
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cheap and so that's the average gas
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price I took the average miles per
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gallon of a car like mine and then I
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calculated out some other things so the
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overall average cost that somebody else
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would be paying for driving this many
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miles at this gas price is here in
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column K so you can kind of see where 90
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bucks
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low 90s maybe a little over 100 that
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month because the gas price fluctuated a
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little bit then I compare that to the
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super off-peak charges that I had and I
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can see how much money I'm actually
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saving so overall it looks like I'm
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saving on average about 34 dollars a
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month which doesn't sound like a lot you
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know in the grand
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give me things it's not a tremendous
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amount of money but if you consider the
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average percent savings that is on my
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monthly gas bill that's close to 40% so
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that's a lot so imagine if you could
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take any part of your aspect of your
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life if your monthly cost something like
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gas and save 40% on it yeah that's it
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that's really a big percentage a big
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chunk so I have this data here and of
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course like always we need to look at it
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in a visual form because spreadsheets
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are boring even though they're
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functional so if I switch over to
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tableau I can do some cool stuff I'll
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connect to Google sheets and I'll pull
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the data in it already loaded it up it
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classified everything correctly it looks
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like let me just double check so
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everything's a number pretty much yeah
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looks good
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let me go there and we can just kind of
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see the trend here so we'll drag bill
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period up and we'll change this down to
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month so we have a monthly trend there
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and I'll just drag the percent savings
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on so you can kind of see how that goes
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here is essentially the monthly percent
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savings from having a Tesla plus you get
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to drive a Tesla which is pretty awesome
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right so you're saving close to 40
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percent or 40 percent on average and
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you're also you know doing something
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good for the environment and all this
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other great stuff so if you guys are
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interested and more of this stuff I'm
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going to put it on my blog you can go
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check it out there with a link in the
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bottom of this video ciao hey thanks for
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checking out my video I really really
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appreciate it
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now I also have a blog been Sullins calm
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in case you haven't visited that on
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there I have videos like this I have
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code samples I have full articles
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describing all the tips and tricks and
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everything that I want to share with you
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to help you in your career as well as
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you can sign up for my weekly newsletter
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which is basically a digest of all that
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plus more stuff I found on the web that
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I found interesting that might be
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pertinent to you so you can click this
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link here and go check that out and
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again I appreciate your watching this
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video and I'll see you back here soon
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