Re:Tesla Surges Above $500, Leaving Analyst Targets in the Dust
by addicted on Monday January 13, 2020 @12:17PM
(#22036394)
The iPhone was also ridiculously profitable.
The original iPhone sold for $600 and a 2 year AT&T contract.
The iPhone had a ton of pricing headway to make itself more attractive.
Tesla is almost the exact opposite.
Now, this isn’t an argument against Tesla or its stock price (that’s a different argument altogether). This is an argument against the idea That Tesla and the iPhone are in any way comparable.
The original iPhone sold for $600 and a 2 year AT&T contract.
The iPhone had a ton of pricing headway to make itself more attractive.
Tesla is almost the exact opposite.
Now, this isn’t an argument against Tesla or its stock price (that’s a different argument altogether). This is an argument against the idea That Tesla and the iPhone are in any way comparable.