Oil demand growth is set to significantly slow by 2028 thanks to the use of more EVs.

Tesla owners break down the perks of owning the electric car

Over a dozen Tesla owners told Insider some of their favorite parts of owning the EV.
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Perks they detailed included dodging gas stations and repair shops.
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Take a look at some of the benefits of owning a Tesla over a traditional vehicle or even other EVs.


Tesla owners are part of an elite club of early adopters in the push toward electric vehicles.
Over a dozen Tesla owners shared some of the top perks of owning a Tesla over any other car in a series of conversations with Insider. Reasons they gave included avoiding gas stations and repair shops, as well as enjoying its high-tech infotainment system and self-driving features. While some of the perks could apply to other electric cars, many of them point to Tesla's dominance in the EV market.*

Here are some of the benefits Tesla drivers cited.
Driving a Tesla means no more oil changes and frequent upkeep.
Some Tesla owners say they've gone years without bringing their EV into a repair shop.
For comparison, internal combustion engine (ICE) vehicles need to have their oil changed every few months, or between every 7,500 to 10,000 miles. And older ICE cars require oil changes every 3,000 miles.
ICE vehicle owners also need to replace their brake pads about every 10,000 to 20,000 miles.
Meanwhile, an electric car will never need an oil change, new fuel filter, spark plugs, or emission checks. Similarly, Teslas use regenerative braking, which means the brake pads very rarely*need to be replaced, according to Tesla CEO Elon Musk.
Consumer Reports found that Teslas were the cheapest cars to own when it comes to costs of repairs and maintenance for the first five years of ownership.
Many Tesla owners said the only times they visited service centers were for issues that were covered by the carmaker's warranty or for collisions.
"I've spent about $800 in seven years of owning my Tesla," Robbie Mack, a former Tesla salesman and owner of a Model S, said. "One of the fixes was my fault because I went over a curb."
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It also means no gas station stops.
Tesla owners say they save hundreds by charging at home. Many compared charging their EV to plugging in their phone at night — simple and efficient.
"It's hard to explain the glee of driving by a gas station knowing you don't have to worry about the prices anymore," Nelson Jackson, a Model S owner, said.
The average electric car owner saves between $1,000 to $1,200 per year in fuel costs as compared to using an EV charger, according to Consumer Reports. The publication found that EV owners will continue to save money in overall operating and maintenance costs as long as the price for gasoline remains above 50 cents per gallon.
Jonathan Baalke, a Model 3 owner based out of Kentucky, told Insider his electric bill increased by about $100 per month when he started using a home EV charger. But he estimated he's saving about $400 to $500 a month on gas because he drives about 3,000 miles a month for his job.
"Even when you stop at a Supercharger you're still paying like $15 versus $80 at a gas station," Baalke said.
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Drivers praised the vast Supercharger network.
Tesla owners say they love the ease of using the company's Supercharger network.
Several Tesla owners told Insider they would only consider buying another automaker's EV if they either had access to Tesla's network or an equally reliable network.*
"I can't even imagine owning an EV without a supercharging network," Nick Caraciolo, a Model 3 owner based in Canada, said. "Public chargers are pretty much worthless. There's like a 50-50 shot that it will even work. There's no reason to even attempt using them."
Tesla has spent over a decade building out more than 20,000 fast-charging Supercharger in North America, making it the region's largest network of roadside fast chargers. Moreover, Superchargers are widely regarded as more reliable and easy to use than other networks' chargers. Non-Tesla EV owners rely on a shakier patchwork of public chargers, which can be difficult to find and suffer reliability issues.
Musk has begun partnering with other automakers, however, to open up some of Tesla's Supercharger network to other EV owners.
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And applauded the navigation system that guides them to the best chargers.
Tesla's internal navigation system alerts drivers to which charging sites it predicts will be most efficient and which ones are busier. That's a favorite feature among owners.
Baalke said he used the system on a recent road trip and he only had to take a 15-minute charging brake every three hours or so.
"What other company is that in tune with my needs that they'd anticipate and notify me like that?" he said.
And owners raved about the EV's speed and quick pickup.
Many Tesla owners enjoy the rush of accelerating in one of Musk's cars. Whether it's a ultra-fast Model S Plaid or a cheaper Model 3, Teslas are some of the fastest street cars on the market.
When it was first released to the public, a video of a Tesla Model S Plaid leaving a Porsche Taycan Turbo S in the dust went viral. Most Tesla owners don't take their cars to the track, but they still enjoy a little speed.
"My Tesla is a spaceship on wheels," Vivek Wadhwa, a Model S owner based in California, previously told Insider. "It can practically fly. It's quiet as a mouse and it handles like nothing else."
Several drivers said they appreciate Tesla's high-tech features.
Many Tesla owners are tech lovers.
Several drivers told Insider they like all the extra Tesla features — from sentry mode and dog mode to fart noises and gaming opportunities.
"I tell people it's an iPad on wheels," Steve Almassy, a Model S owner based out of California, said.
Baalke said he likes to play around with some of the more quirky features.
"I used to be an Apple cult fan, now I'm a Tesla guy," he said.
"I've made it fart in front of people to make them laugh," he added. "It's little features like that that make a product distinct, that make people love the brand more than just having it be something that is only functional."
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Take a look at some of the benefits of owning a Tesla over a traditional vehicle or even other EVs.
Tesla owners say they save hundreds by charging at home. Many compared charging their EV to plugging in their phone at night — simple and efficient.
"It's hard to explain the glee of driving by a gas station knowing you don't have to worry about the prices anymore," Nelson Jackson, a Model S owner, said.
The average electric car owner saves between $1,000 to $1,200 per year in fuel costs as compared to using an EV charger, according to Consumer Reports. The publication found that EV owners will continue to save money in overall operating and maintenance costs as long as the price for gasoline remains above 50 cents per gallon.
Jonathan Baalke, a Model 3 owner based out of Kentucky, told Insider his electric bill increased by about $100 per month when he started using a home EV charger. But he estimated he's saving about $400 to $500 a month on gas because he drives about 3,000 miles a month for his job.
"Even when you stop at a Supercharger you're still paying like $15 versus $80 at a gas station," Baalke said
 
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