Indeed I did. D'oh!
Typo corrected.
Costs don't determine the price, they determine an acceptable minimum price. You're mistaking a tree (cost) as a forest (selling price). Put another way, cost is a factor, but it's certainly not the only factor.
For example, if cost determines price there'd...
Negative Nelly strikes again! ;)
The exceptionally high markup affords some ability to warehouse excess production that can be sold in the future.
If you can invest $100 and get $233 in the future, that's profitable even if the time period is somewhat long.
Part of the genius of flat-packing...
Those costs drive willingness to sell at certain prices, but not price itself.
Price is determined by the Law (not Theory) of supply and demand.
70% is a LOT of margin. Its a 233% markup.
70/100 = 70% margin
70/30 = 233% markup
Edit: typo
If the article's opinions about profit margins are correct, probably so.
A third party could sell wrap kits if they're just wrap cut to a certain pattern.
Something I read (or watched) gave me the impression that delivery providers and service providers are not one in the same.
From Slate's FAQ, here's their answer to "Where can I get my Slate serviced?":
Taking care of your Slate is simple and requires very little maintenance of brakes, tires...
Another useful takeaway:
The Truck intentionally isn't shaped like a bar of soap.
Instead, its form is designed to be timeless and have sense of familiarity, now and in the future.
TL;DR: The Slate is more of a threat to established manufacturers than the other way around because it's something they don't offer, and it will change consumer expectations in a direction they don't want consumer expectations to go.
The multi-billion-dollar auto manufacturers have...
It's to overcome FUD.
Contrary to being a "meaningless internetism", FUD is a thing, and has been a thing since before the internet existed. Sleazy sales tactics have been around for a long time!
The term "FUD," which stands for "Fear, Uncertainty, and Doubt," originated in the 1920s and was...
A self-own is a situation where someone unintentionally embarrasses or undermines themselves, often while trying to criticize or insult someone else. It typically occurs in social media contexts, where a person's attempt to make a point backfires, revealing their own flaws or contradictions...
Yeah I was just pointing out that she explicitly said that.
The reason I remember it is because it dispelled a concern I had. I remember the feeling of relief more than I remember what she said, haha.
In one of the video interviews Chris Barman explicitly said that's not the plan.
Edit: It was something to the effect of: the truck itself will be cash-flow positive. Whether you buy accessories for it or not they're happy either way.