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The first Tesla is a car for rich people only. The reason for Tesla's 700b valuation is the innovation that Tesla has made in producing the model y and model 3
by fallingknife 5y ago
The first Tesla is a car for rich people only. The reason for Tesla's 700b valuation is the innovation that Tesla has made in producing the model y and model 3 and the current goal of producing the first $25k mass produced electric car.
- thow-58d4e8b 5y ago> first $25k mass produced electric car That ship has sailed a few years ago: Volkswagen e-Up, Seat Mii, Renault Twingo, several models from BYD, Dacia Spring, Smart EQ, Fiat 500e, and even Renault Zoe or MG ZS in some markets. All under 25k€, including value added tax
- Oreols 5y agoIndeed. I was recently considering getting an ev and it's amazing how much choice you have in the "budget" segment. Dacia Spring is 17k€ (VAT included) and it offers 250km of range. Granted, it's equipped only with an airco and a basic infotainment, but still. The only way Tesla can make a dent in this market is by offering autopilot and much greater range at 20k or so. Or by making a bloody fast car for young people (which will cannibalize their own sales probably).