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Tesla was, is and for some time will be only for the rich. More adoption, competition and improved processes of manufacturing will drive the price down for the
by saiya-jin 8y ago
Tesla was, is and for some time will be only for the rich. More adoption, competition and improved processes of manufacturing will drive the price down for the masses.
- melling 8y agoYou mean the electric car? Because a lot of companies make electric cars. In China, for example, there are a couple hundred electric car companies. The Chinese will buy electric cars by the tens of millions and everything will change. It doesn’t matter if Tesla is still expensive.
- bigzyg33k 8y agoIsn't that kind of his point? Initial innovation is expensive, but it soon becomes affordable for all, and thus innovation is good for everyone
- melling 8y ago1.3 million electric vehicles were sold last year in China. https://www.cnbc.com/2019/04/08/fitch-says-chinese-electric-vehicle-sales-to-boom-despite-subsidy-cuts.html https://www.cnbc.com/2019/04/08/fitch-says-chinese-electric-... Tesla is a premium brand. There are other more affordable EV’s being sold in China. We’re way past initial innovation. The largest car market in the world is migrating to EV’s.