[berberous]

That’s true about the buyers, but go read Elon’s grand plan. He has no interest in making luxury cars, but you can’t launch a mass market cheap car from nothing. He has gone from a 250k roadster, to a 100k luxury sedan, to a 55k fully loaded sedan, and soon to a 35k sedan. As soon as he can drop it further, he will. And in 20 years, the car transportation landscape will have been transformed.

This is the typical cycle for a new good. You could have said that the first cell phone, which cost a fortune, or the first smartphone, were each luxury goods for wealthy people to show off. Which was true, but now years later, all that money drove innovation to the point where nearly the entire world has one, interconnecting humanity to a much greater degree than before.