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by ithinkinstereo 3370 days ago
This reminds me when the iPhone came out. Tesla is making a revolutionary new product. Millennials are also coming of age now through the next decade. Many of these buyers, either purchasing first-time, or upgrading their "college/hand-me-down" car, will buy Tesla, just because it's fashionable (ala iPhone).

I'm bullish on Tesla and Musk.

Edit: I should add that the product extends past the car itself. The whole direct to consumer, transparent pricing, no haggling, will win over a new generation of buyers.

2 comments

> Millennials are also coming of age now through the next decade.

Millenials start from 1981 so some of them are nearing 40. Generation Z is coming of age.

If they can deliver the cars, and at a reasonable price, you are probably spot on.
I think for a young late 20s, early 30s professional with disposable income, maybe a baby on the way, it's really a no-brainer deciding between a 3-series, C-class, Volvo, vs a Model 3.

And if you can only afford a Camry/Altima/Jetta/etc. a 5-10K increase in price for a much better (perceived) product is also a no-brainer. People will def max out their credit to get the upgrade to a Tesla.

The above, doubly-so for Chinese consumers.

Model T :: iPod --> Model 3 :: iPhone

Does the model 3 have sufficient room for a rear facing car seat? One of my main concerns
If I can fit a family of four in a 2012 Mustang it is nearly inconceivable a mid-size EV would not have enough space. Almost inconceivable that it won't have plenty of space.