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Probably, Elon has some quote about how creating a successful new car company isn't hard because cars are hard to design. It's hard because cars are generally
by aeternum 3y ago
Probably, Elon has some quote about how creating a successful new car company isn't hard because cars are hard to design.
It's hard because cars are generally sold with razor thin margins and all the money is made selling parts and service. Seems crazy but perhaps this is actually true.
- jjtheblunt 3y ago(Upvoted) i think about exactly what you wrote, now with a 2024 electric BMW, in that clearly there is an initial excess cost (not because of being BMW) over similar ICE models (like i7 vs 7 series, m440 vs i4, etc.). And i think that excess cost passed to the buyer for electric over ICE effects includes the profit an ICE would have "earned" over time, because ev models have significantly simpler and less costly powertrains to build, and service. But, i can’t back up that guess with data.