Because as it gets better, it provides more value. In its completed form it basically replaces a driver. Calculate how much it would cost to have drivers capable of driving 20 hours/day (rest spent charging).
If they actually make it self-driving at a human level, it's value is clearly over $100K.
If they actually do something impossible, sure, it'll be worth some money. But even then, why would individuals ever be able to participate in that market?
If it's a sure thing, companies (including Tesla) will buy many cars and run the value as low as they can.
To some buyers anyway. It's not really clear that a higher price ends up being the revenue/income maximizing price (if the cost is minimal and many buyers value it much lower than the high price).
bufferoverflow|3 years ago
If they actually make it self-driving at a human level, it's value is clearly over $100K.
washbrain|3 years ago
If it's a sure thing, companies (including Tesla) will buy many cars and run the value as low as they can.
maxerickson|3 years ago
bigtex|3 years ago