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Lets take the product of Silicon Valley, the Tesla. Even take the cheap one at $35,000. I don't think that is much to expect in a lifestyle also considering you
by cyberpanther 10y ago
Lets take the product of Silicon Valley, the Tesla. Even take the cheap one at $35,000. I don't think that is much to expect in a lifestyle also considering you make more than most people.
Henry Ford back in the day raised wages and cut hours because he noticed not even his employees had money or time to enjoy his product.
I think Silicon Valley is at this same point. Work your butt off to not enjoy life. If your single I think the economics work out but for families the area is very hostile.
- skybrian 10y agoI don't understand why someone having trouble supporting their family would buy a new car at all. A nice used car is not that different and significantly cheaper.
- TheCoelacanth 10y agoTesla is a luxury brand. You can get a new car for half of that. A used one for even less. And a six figure income is barely higher the median for the area.
- brockers 10y agoNobody "deserves" or should "expect" a lifestyle. Life is simply a series of choices. If you choose to have a $40,000 car on 100K income, then you choose to take money from your stocks because you choose a lifestyle over substance. I make more than 100k, and I have never bought a car for more than $14,000... why? Because I choose my family over my lifestyle.
- monochr 10y agoAnd no one deserves customers. What silicon valley is doing is destroying the consumers that would be buying its products. The guy doesn't work at Tesla, but if the average employee in Tesla can't afford their standard model and have enough money left over to live they are not a viable company, as Henry Ford figured out more than a century ago. It's capitalism 101, you cut labour costs only to find that you've cut demand as well.