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> If he built an electric car for the masses, that would be a big deal for the world. This is exactly Tesla's goal with the Model 3, targeted at $35,000. I do
by vlucas 11y ago
> If he built an electric car for the masses, that would be a big deal for the world.
This is exactly Tesla's goal with the Model 3, targeted at $35,000.
I don't think you understand the amount of time and money required to reach mass production scale of affordable vehicles. Tesla was very wise to start with high-margin sports and luxury cars, because it gives them the capital needed to continue re-investing in production capacity and battery technology for more affordable cars in the future.
Tesla is playing a long game, and so far it's working. The popularity of Tesla alone has driven other auto makers to step up their electric car game, which is indeed a "great deal for the world" to help get us all off combustion engines.
- Draiken 11y agoInteresting, was not aware of that project. Agreed that maybe the luxury car is the right way to start his attempt with a healthy cash flow. In fact, I'm a big fan of people like him, who have the money and instead of just playing the markets to get more of it, he uses it to build something that can eventually help us. The main reason for my comment was that some people idolize him like he has cured cancer or erradicated world hunger. These people should to take a step back :)