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This is a bizarre way to look at a private transaction for a luxury good. Nobody needs a Tesla. If a wealthy person pays $100k for a car, it’s because they th
by refurb 2y ago
This is a bizarre way to look at a private transaction for a luxury good.
Nobody needs a Tesla.
If a wealthy person pays $100k for a car, it’s because they think it’s worth $100k.
If the price later drops to $80k, that’s not money out of the first persons pocket. They were willing to trade $100k for a car they wanted.
And by this very logic, lowering the price of goods over time is bad. What a insane world we’d live in if that were true.
- m463 2y ago> Nobody needs a Tesla. But does everybody need another 100 years of gasoline cars? It probably is a bizarre way to look at things, but the wealthy people are paying to develop EVs, then the not so wealthy to develop even more practical cars and so on until they are practical for normal folks. And they reach price parity with ICE cars. People have been saying that the economical/low impact car to buy is a used car that was already built. Now you can buy used teslas.