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Because they would make far more money adding the car to their own fleet. Why sell a car for $40,000 when it could generate $300,000 in revenue over a decade?
by Causality1 7y ago
Because they would make far more money adding the car to their own fleet. Why sell a car for $40,000 when it could generate $300,000 in revenue over a decade? Tesla has already said they'll stop selling to the public after they have autonomous driving completely safe and working.
- repsilat 7y ago> ...when it could generate $300,000 in revenue over a decade? If markets are competitive the profits will be lower. If markets are not competitive (not many companies can make or license self-driving AI) the rest will sell cars with steering wheels. The variable that is actually important is demand. If lots of people want their own car, or want to drive their car, the market will provide those things. If most people are content to rent, ownership might become an unusual luxury.
- esoterica 7y agoBecause more than 1 company exists on the planet. If you won’t sell a car for $40,000 because you’re afraid of cannibalizing your taxi business then someone else will.
- beerandt 7y agoI suspect this will end up being the Tesla version of "cheap, lightweight, easy to make carbon fiber for all the rocket parts!"