▲ | r3trohack3r 4 days ago | |||||||
I suspect this is net good for the EV space at this point in history. Tesla was a virtue signal brand from day one[1]. Their core insight came from Palo Alto et. al. You’d drive through the suburbs and many driveways had two vehicles: a [insert gas guzzling luxury vehicle] and a Prius. One vehicle to signal wealth/status - the other to signal environmental consciousness. But the eco vehicle was a compromise; compared to the jaguar it sat next to, it was a clunker. Tesla’s GTM strategy was that you could buy a vehicle, without compromise, from them to signal to your social circles how much you cared about the environment. And it worked. They broke the oil cartels with a direct to consumer sales strategy and kicked off the EV market. But now that market’s needs are well met. The eco virtue signal crowd has multiple vendors selling decent products to meet their buying preferences. There is a fairly large untapped market though that won’t convert off of oil. That demographic overlaps well with the 2025 MAGA coalition. And, with Elon’s involvement in that coalition, Tesla EVs are now a new virtue signal for a new demographic. You have people buying EVs that were rolling coal as recently as 2 years ago. [1] The brand being built around eco virtue signaling is well documented in early interviews with original founders - a quick search will turn up many direct quotes talking about them driving through California suburbs doing market research and discovering exactly that. | ||||||||
▲ | HarHarVeryFunny 4 days ago | parent [-] | |||||||
It seems to me it was the Roadster that kick-started Tesla by making electric sexy and desirable - high performance and expensive rather than something low performance bought for ideological/eco reasons. The Tesla model S which followed wasn't cheap either, and also emphasized high performance with the dual motor and plaid options. These seem more like wealth signalling than virtue signalling. | ||||||||
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