[Gpetrium]

This quote serves three purposes: (1) It emphasizes the value in software, not the car's 'carcass'; (2) It hypes a future marketplace and business model for Tesla's stock purchasers; (3) It tells the customer that they are better off buying the good instead of renting.

I agree that it seems to be a rental. If the business expects to continue to make updates to the car's software assuming that it will be determining factors for its value, it will be difficult to determine the residual value at the end.

Does that mean that leases will cease to exist? That we will find a way to price the software updates? or that older cars will stop being updated the same way cellphones & OS systems are?

[kristianc]

> This quote serves three purposes: (1) It emphasizes the value in software, not the car's 'carcass';

If only it were like software. Producing another marginal unit of software is trivial.