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by wpietri
2001 days ago
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I am definitely not kidding. The Tesla Model 3 costs twice as much as low-end new cars: https://www.motortrend.com/news/top-10-cheapest-new-cars/ It's also important to note that a lot of car purchasers buy used cars, because the low end of the new market is too expensive for them. And really the appropriate comparison versus food is the transport sector, not cars alone. Cars are, as I said, the rich end of the market. In many places, cars are less popular than motorcycles, scooters, and bikes. I don't see any reason to think Tesla has an advantage going downmarket there. Indeed, as a luxury brand, there are significant brand barriers to them going lower in the car market, let alone down to scooters. |
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