4 ms·
Originally stated by Elon Musk: 1. Build sports car 2. Use that money to build an affordable car 3. Use that money to build an even more affordable car 4. W
by ericmsimons 13y ago
Originally stated by Elon Musk:
1. Build sports car
2. Use that money to build an affordable car
3. Use that money to build an even more affordable car
4. While doing above, also provide zero emission electric power generation options
Tesla is on schedule with their strategy; they obviously can't just jump from step 1 to 3. We'll see if they can move from step 2 to 3, but their success from 1 to 2 is super promising IMO.
This is actually a very common strategy for introducing new technology to the market. It seems like this strategy was applied for the initial iPhone as well, as it originally cost $600 (far more than any other phone on the market). Pretty soon it was $400, and then after a generation or two, you could purchase one for $200.
- subsystem 13y agoThe iphone is a poor example as the original wasn't carrier subsidized. There were a number of phones that unsubsidized were just as expensive as the original iphone. The cheapest unlocked iphone you can buy today is still $450.