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by WheelsAtLarge
2522 days ago
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Basic economics also tells us that at some point substitutes will be found for your product. So, if product x1 is too expensive then x2 will do. It's not a 1 to 1 substitute but if it meets your needs then x1 will need to find a way to lower the cost or make it more attractive in other ways. Tesla is not the only car manufacturer. There are plenty of transportation options to choose from. It has a niche now but it needs to sell large quantities to survive long term. |
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