I do think there is a lot of potential if you have a compelling product and people are willing to pay a premium for that. I think that is what Apple has shown. You can buy a much cheaper cell phone or laptop, but Apple’s product is so much better than the alternative, and people are willing to pay that premium.
If you’re entering anything where there’s an existing marketplace, against large, entrenched competitors, then your product or service needs to be much better than theirs. It can’t be a little bit better, because then you put yourself in the shoes of the consumer… you’re always going to buy the trusted brand unless there’s a big difference.
The X is an amazing car, but we kind of got carried away with the art and technology. Obviously, you want great art. You want great technology. But we did get a little distracted from our mission, which was to advance the cause of electric vehicles. And it probably delayed us a little bit with the Model 3 as well.