Quote:
Originally Posted by Blackbird45
Musk at the moment might be considered expensive for many, let's be honest they're not on the low end of the scale. What he is doing is bringing a new bench mark to the auto industry. Sooner or later you will see more affordable vehicles. If not by Tesla, Hyundai, VW, Ford or GM. There all jumping in and once they've load all the bells and whistles they can stick into a car, they'll start competing by lowering the price.
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I expect sooner. All the other car makes are jumping on the EV band wagon now that he proved it can be done.
And I hear he is working on a Model 2 that will be a much lower price model.
Sort of related, on how new things come to market. Not that long ago (a few decades?), I remember seeing one of the first flat screen TVs. It was displayed in a big box electronics store, and was $16,000 for a 18 or 20 inch screen. Someone has to get the ball rolling. And those first balls tend to be expensive.