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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Aug 18

    In Musk’s interview he talks about potentially making a $25,000 Tesla car available in 3 years “if we work really hard.” Let’s assume he’s 3x off, and it’s 9 years away. That’s when Tesla really starts to break through. When Teslas aren’t 2-3x the price. Will be like iPhones.

    3:38 PM - 18 Aug 2018
    • 14 Retweets
    • 158 Likes
    • Carlos Lantigua Kirrch Spencer Schneier Trey Closson 🌀 Eric William Dolan max arb Corey Haines 💡 _
    16 replies 14 retweets 158 likes
      1. New conversation
      2. Jeremy Hindle‏ @Mentioum Aug 18
        Replying to @AustenAllred

        Like iPhones? So inflating the price of all other top tier smartphones in order to compete in the 'luxury' market purely because of perceived value. I hope not. **I know you meant ubiquitous - like smartphones. (!iPhones)pic.twitter.com/UHH6NfPvwt

        2 replies 0 retweets 2 likes
      3. Austen Allred‏Verified account @AustenAllred Aug 18
        Replying to @Mentioum

        Now do profit margins

        1 reply 0 retweets 5 likes
      4. Jeremy Hindle‏ @Mentioum Aug 18
        Replying to @AustenAllred

        Yeah but Tesla are manufacturing cheaper vehicles, so I don't understand your point? The idea is to make it cheaper and more available, like cheaper devices, not a luxury item owned mostly in wealthy demographics.

        2 replies 0 retweets 0 likes
      5. Austen Allred‏Verified account @AustenAllred Aug 18
        Replying to @Mentioum

        Relatively cheaper. iPods used to be $800. They really broke through when you could buy them for $250. Teslas are amazing but at a $50k price point you can’t justify it. At a $25k price point? Different ball game.

        1 reply 1 retweet 5 likes
      6. Jeremy Hindle‏ @Mentioum Aug 18
        Replying to @AustenAllred

        Not denying that lowing the price of Teslas will increase their market share. Just saying its not like the iPhone, which has, unlike the iPod, increased in price every year, way above inflation rates, as far as I'm aware. LIke the iPod i can get behind. 👍

        0 replies 0 retweets 4 likes
      7. End of conversation
      1. New conversation
      2. Carl Lippert‏ @CarlLippert Aug 18
        Replying to @AustenAllred

        Talking about the one with @MKBHD yes?

        1 reply 0 retweets 2 likes
      3. Austen Allred‏Verified account @AustenAllred Aug 18
        Replying to @CarlLippert @MKBHD

        Yes

        1 reply 0 retweets 1 like
      4. Carl Lippert‏ @CarlLippert Aug 18
        Replying to @AustenAllred @MKBHD

        I just like that a tech youtuber has this interview and we all know what your talking about even without any real references.

        0 replies 0 retweets 3 likes
      5. End of conversation
      1. Scott Wainner‏Verified account @scottwww Aug 18
        Replying to @AustenAllred

        It’ll happen much sooner than that. $36k is the avg price of a car in the US and Tesla is already leading many other brands in July. Consumers will stretch for this car.

        0 replies 0 retweets 3 likes
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      1. Dmitry Shevelenko‏ @dmitry140 Aug 18
        Replying to @AustenAllred

        Key assumption that there will still be similar consumer demand for private car ownership in 9 years as there is today. If we all share cars, we will need many multiples fewer of them.

        0 replies 0 retweets 3 likes
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      1. Arash Adam Daha‏ @Adahadotcom Aug 18
        Replying to @AustenAllred

        Volkswagen, BMW, and many American manufacturers claim to have an electric vehicle ready to be launched in the next 3 years

        0 replies 0 retweets 2 likes
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      1. weinan‏ @WeinanLiBayArea Aug 18
        Replying to @AustenAllred

        Their competitors built "Android" already. And their auto drive feature is not ranked high anymore. Hope their new factory in Shanghai can boost the productivity...

        0 replies 0 retweets 1 like
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      1. Joseph Jacks‏ @asynchio Aug 18
        Replying to @AustenAllred

        Was just thinking the same.. there's no way he's 3x off, and they will definitely be everywhere at this price point. Pretty awesome future ahead.

        0 replies 0 retweets 1 like
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      1. Darwin Hunt‏ @darwin_hunt Aug 18
        Replying to @AustenAllred

        Most prob agree. But he has to keep reselling the vision and playing PR games (with varied results) b/c Tesla is in the tough place of dealing with the realities of being a publicly traded company ie the short interest skyrocketed after the NY Times piece last week

        0 replies 0 retweets 1 like
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      1. Omar Qazi‏ @omarqazi Aug 19
        Replying to @AustenAllred

        Tesla’s place is not to make the cheapest cars. They make the best cars and influence the rest of the industry. Affordable cars are great when it’s profitable, but to survive the company needs to capture the high end of the marker. Those customers keep TSLA alive. Same w/ AAPL.

        0 replies 0 retweets 0 likes
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      1. Brooks Morgan‏ @brooksmorgan Aug 18
        Replying to @AustenAllred

        In 9 years the market for car ownership will likely look different - in a good way, hopefully.

        0 replies 0 retweets 0 likes
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      1. Rust Augustus‏ @achalaugustine Aug 18
        Replying to @AustenAllred

        Let’s assume you are wrong.

        0 replies 0 retweets 0 likes
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      1. Community Summit‏ @ComMitdot Aug 18
        Replying to @AustenAllred

        He already have the technology to build a low cost car but he is too obsessed on car speeds. He can eliminate and reduce

        0 replies 0 retweets 0 likes
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      1. CryptoSkepto‏ @CryptoSkepto Aug 18
        Replying to @AustenAllred

        When I started at Apple (2000) they'd just changed tactic to produce a small number of high priced systems with a far better user experience. Critics (like Dell) pointed to price & marketshare as a success metrics back then & still do - but these are late stage & unimportant.

        0 replies 0 retweets 0 likes
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