In addition to that it's easy to have a felony battery charge that sticks with your for the rest of your life when you are young. All you need to be is drunk and belligerent to an arresting officer just once. I know several guys who matured once they got into their 20's who only survived not going to prison by being white and well off enough to have their own attorney. They turned out to be perfectly normal people that are hard workers and model employees 20 years later. Be poor or a minority in that situation and your life is now shot.
This is still in it's infancy but I have no doubt that there will be multiple 250+ mile range electric cars under 30k in the next 5-10 years. The leaf right now is already in this price range - it would be even cheaper if it wasn't for the cost of the batteries (and the lower amount of those to keep the price down).
The Gigafactory is supposed to drop the prices of the batteries by at least 30%. But Panasonic themselves say that's a very conservative figure by 2017 (they would like to maximize their profits after all). New factories overseas will drop those prices even more, and Panasonic/Tesla is keeping an eye on those figures to make sure the gigafactory still remains competitive on price.
Free trade doesn't work if both sides are not playing the same game.
ESPN is getting an average of 8-10 dollars per cable subscriber. But it gets this from ALL of subscribers of "basic" cable.
HBO has seen it's viewership shrinking because the cord cutters can find alternative means to get their HBO shows, and the ones who don't watch sports are the ones most likely to cut the cord. So it doesn't really hurt them much to switch people over to cable. A lot of people know that HBO is owned by Time Warner. what they don't realize is that Time Warner Cable is a separate entity, so they are not cutting their throats by doing this. In fact they are really the only entity who could realistically go up against Netflix in the short term.
ESPN can't make that move without charging at least $25 a month. And at that price they wouldn't find as many buyers because of the growth of other regional sports networks - you'd have a smaller pool of sports fans willing to pony up. It may happen eventually but it will only come because the cable model is disintegrating completely. In the meantime they'll milk every cable company in the country for as much as they can by getting 8-10 per customer even if that customer hates sports. (BTW, as a lifelong University of Louisville fan now and a big sports fan I would be a cable cutter if I could pay ESPN $25 a month and HBO $15 a month.)
In a series hybrid, each wheel has it's own motor, and the ICE engine runs at a steady speed that is very efficient to generate electricity that is then used to recharge the batteries that are fed to the electric motors.
A second part of my guess is that Toyota is licensing the recharging technology from Tesla, so that they can use the supercharger network as well. This way they can have a vehicle that can run 100% off of electricity only, but have a ICE engine that is available at any time to back that up (faster refueling, can go anywhere there is a gas station, etc.)