August 20, 2013

What Good Is It?

Joe Weisenthal, writing for Business Insider:

“Here’s another extraordinary accomplishment by Tesla and its CEO Elon Musk.

The electric car company announced yesterday evening that its famous ‘Model S’ sedan has achieved the best safety rating from the National Highway Traffic Safety Administration (NHTSA) of any car that’s ever been tested in history.”

As my wise spouse points out, though, at an MSRP of $70,000 what good is NHTSA's safest and Consumer Reports' highest-reviewed car if most people can't afford it?

Is there sufficient value here, or are owners simply joining an elite club?

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