this post was submitted on 30 Apr 2024
837 points (98.5% liked)

Technology

59135 readers
3816 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
837
Tesla to lay off everyone working on Superchargers, new vehicles (arstechnica.com)
submitted 6 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world
316 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] You999@sh.itjust.works 1 points 6 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@lemmy.world 1 points 6 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.