RE: A 33% margin for an automobile manufacturer is nothing short of astounding.
I’d really like to know the DEMOGRAPHICS of those who are buying his cars. You know - age, occupation, yearly income, etc.
It’s the same pool of people who are willing to pay a 33% premium for Apple products.
People are willing to pay a lot for something that is “cool” and that they think will by extension make them cool.
My wife’s nephew just bought one. He is a cardiologist in CT
“I’d really like to know the DEMOGRAPHICS of those who are buying his cars. You know - age, occupation, yearly income, etc.”
The 59 year old owner of my (100 million dollar annual revenue, 600 employees) company just got a new one. Says it’s way faster than his old C6 Corvette.