3 ms·
It would make sense to sell it at that price if you had competitors. So Musk was essentially saying "we are going to create a monopoly and then milk the market
by u320 3y ago
It would make sense to sell it at that price if you had competitors. So Musk was essentially saying "we are going to create a monopoly and then milk the market for all it's worth". I found it weird that nobody criticised him for that back then.
- Hamuko 3y agoWell, the competitors in this case would've been taxi companies, not other car companies. The case was basically that for every $35k Model 3 that comes off the lot can be sold for a profit up to $35k, or be added to the robotaxi fleet where it can generate whatever revenue it can produce. For example, if every Model 3 could generate $5/h of profit, then running it 24/7/365 would be $44k.
- sliken 3y agoI suspect 24/7 use of a tesla would consume most of it's useful life in 1 year. Also electricity isn't free so that's going to be a substantial code and likely several sets of tires.