Also, most U.S. states have registration surcharges for EV and/or hybrid vehicles.     In my home state of Indiana, the rates are: $242 (indexed) annual registration fee for electric vehicles.  $81 (indexed) annual registration for hybrid vehicles.  Registration fees will be indexed every five years against the consumer price index (CPI).   

But your forgetting states also set fuel tax rates-for years NJ had low fuel tax rates that made our gas cheaper to buy then PA or NY. about 15 years ago that all changed and now they charge something like .30 cents per gallon. 

I agree! Mileage-based fees are the fair way to go. Even an Equivalent Fee based on the Gas tax makes sense.  The Elephant in the room is that the gas tax has not kept up with inflation, and was last raised in 1996, the year I graduated high school.

I view Rivian as a more "elevated" brand - maybe not full on luxury, but not "average" brand either......whoever said Mazda/Buick probably has good comparison.

Agreed - the only "fair" way to do it is on mileage - drive more, pay more.   But I'm also understanding of people not wanting the gov't "tracking" them (as if they can't already lol).   I do agree that EVs should at least pay something.   Maybe a solution is to determine the yearly average value a gas powered model would pay (the article mentioned $88 above) and just apply that across the board for EVs?

Bingo.  The only reason it started as a fuel tax is it was easier to regulate and collect and consumers don't really notice it compared to a separate annual tax bill.   But it should be closer in cost to the old tax.

Most of it simply accelerating depreciation of assets.  E.g whatever they spent on T3 that was capitalized was on a multi year depreciation schedule with the expense spread out over 5-10 years.  If they no longer plan to use it they'll take a charge for the full amount today so that the incremental depreciation doesn't continue to show up as an operating expense for the next 7 years.  The money was already spent - it's just bookkeeping.  The rest is actual cash that has to be spent to wind things down.

The problem with that approach is many people fiercely oppose it because it is viewed as big brother tracking them. It’s a tough problem but EVs drivers do need to pay taxes for road and bridges also.

I don't necessarily oppose this - however, the correct way is to drop the gas tax and move ALL roadgoing vehicles to a mileage based fee structure. Gas, hybrid, or EV...all equal in the eyes of the tax collector.  

US House transport committee head wants to collect EV fees for highway repairs | Reuters