CRSKTN
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The moment the leading edge of real competition shows up, Tesla's margins get wiped out for no relative benefit as they try to compete.
The moment it becomes "a great value!", and that's your driving argument for the purchase, everyone else can match you as they're able to get cheaper too. You no longer have that "it" factor when it's a race to the bottom on price. You've given up any chance of being a Veblen good.
Once "Electric Cars" just become "Cars", Tesla is going to stop being people's "first new car in forever", who are more into technology and gadgets and what's new than cars themselves. It also explains how the standards seem to be so low for their customers for what passes for a quality product.
I personally am feeling pretty positive for the American automakers in electrification. They're positioning behind the scenes quite well.
Either way, this is good for car fans. Anything that improves affordability for people i'm for.
The moment it becomes "a great value!", and that's your driving argument for the purchase, everyone else can match you as they're able to get cheaper too. You no longer have that "it" factor when it's a race to the bottom on price. You've given up any chance of being a Veblen good.
Once "Electric Cars" just become "Cars", Tesla is going to stop being people's "first new car in forever", who are more into technology and gadgets and what's new than cars themselves. It also explains how the standards seem to be so low for their customers for what passes for a quality product.
I personally am feeling pretty positive for the American automakers in electrification. They're positioning behind the scenes quite well.
Either way, this is good for car fans. Anything that improves affordability for people i'm for.
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