Tesla Model S Hits 300,000 Miles in Two Years, Saving $60,000 on Fuel Costs

Transport company Tesloop has reached 300,000 miles on one of their Model S vehicles and estimates that they would have spent between $70,000 and $86,000 in fuel costs and maintenance if a comparable gas-powered car was used for their service. Thanks to electric technology, it only had to spend $10,492 over two years, with a total of 12 days in the shop.



“…we have seen that electric, supercharged vehicles can be deployed at utilization levels unheard of with gas vehicles. And while saving over $60,000 on fuel and maintenance is a substantial economic win, we feel the bigger win is that this car is ready for another 900,000 miles over the next 6 years under its current warranty. A gas car with 300k miles would be near the end of its useful lifespan. This means that the economics for mobility services on electric is more attractive than non-electric vehicles by a multiple, and when combined with autonomous driving features, the economic advantage in cost per mile will create unprecedented disruption in the overall automotive industry.”

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Source: [H]ardOCP – Tesla Model S Hits 300,000 Miles in Two Years, Saving ,000 on Fuel Costs