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Investors and customers don't pay for pessimistic explanations. They want someone to say it'll happen and many people are okay paying for it then. Just take
by drw85 5y ago
Investors and customers don't pay for pessimistic explanations.
They want someone to say it'll happen and many people are okay paying for it then.
Just take a look at kickstarter and things like Star Citizen. They still make huge money, six years past their planned release date.
It's also partly an identity thing.
Many get so invested that driving a Tesla is part of their identity and lifestyle.
- chakhs 5y agoThere's a difference between a kickstarter product being delayed, and solving self driving. The first one you know it's doable, for the second you only hope it's doable. I agree with the identity part, it's more like a status symbol and hype feeds that.
- drw85 5y agoI think there is a similarity, though. As a customer or buyer, you don't know if Tesla will ever be able to do L5 self driving. Neither does someone spending 1k dollars on items in a video game ever know if it'll actually be done. You can take a wild guess in both cases and for most kickstarter projects there might just be some normal hickups and delays. People are still willing to shell out a lot of money based on some promises, because of "wanting to be involved" or part of that lifestyle.