EVs are out of reach for most US consumers

  • The inside of a Tesla vehicle is viewed as it sits parked in a new Tesla showroom and service center on July 5, 2016 in New York City. (Spencer Platt/Getty Images/TNS)

In a recent conversation with a car dealer in the Dallas area, I was asked who will afford all the electric vehicles that are coming to market in the next several years. Despite all the hype for EVs, the dealer told me, many of his customers live paycheck to paycheck and bargain for every dollar of their monthly car payment. A $60,000 Tesla isn’t happening.