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by DamnYuppie
1525 days ago
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Lol, this has been disproven time and time again across all markets including autos. People pay for brands and status. If your reasoning were true why would BMW’s be so much more desirable than a Honda Civic? A product does not have to superior to command a higher price, marketing and branding can be terrifyingly powerful things. |
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My point was that people don't buy BMW over Mercedes because they have 20 more horsepower. And if it does come down to brand, as you said, there are a lot of very powerful brands, like BMW or Mercedes that have been playing the brand game longer than the founder of Tesla has been alive. I don't think I would put my money on Tesla if winning will come down to brand.