5 ms·
We're talking about whether or not price is a signal of desirability. You suggested a good point about the Leaf is the ability to buy a used one for $7k. I be
by Consultant32452 6y ago
We're talking about whether or not price is a signal of desirability. You suggested a good point about the Leaf is the ability to buy a used one for $7k. I believe the way pricing works suggests that the Leaf has low desirability, because you can get one for so cheap. What you're implying appears to violate the law of demand, and I'm hoping you can explain what I'm missing.
- mhh__ 6y agoWhat you're missing is that the leaf is designed to be cheaper than a tesla. That's not hard to work out. A Bugatti veyron goes for a lot more than a specced out mercedes S-class because they're designed to be sold to different markets. The leaf's entertainment system, for example, does the job it's intended to do fine, the tesla one is designed to innovate. They are empirically desirable because they've sold half a million of them.