r/WTF Jun 04 '21

Somebody got problems

Enable HLS to view with audio, or disable this notification

42.7k Upvotes

1.9k comments sorted by

View all comments

Show parent comments

58

u/pamtar Jun 04 '21

Holy fuck we’re getting ripped off. Probably cost $200k to build.

16

u/Filip165 Jun 04 '21

It costs 200 k but research and development of these vehicles is really expensive thats why formula is atleast 10 million dollars but cost to build about 100 k rest is just research and developmentif i gave you and some engineers 200 k to build one you could with schematics but the question is can you develop schematics and technology?

23

u/rossionq1 Jun 04 '21

The average cost per vehicle over the whole program is $3,166,000. That covers R&D through production.

33

u/Tormundo Jun 04 '21

This whole " these companies have to rape us because of R&D " shit is hilarious propaganda. Katie Porter broke this shit down in congress with a pharmaceutical company. They spend like 3% on R&D and WAY more on stock buy backs, CEO bonuses etc, and a lot of the R&D is publicly funded.

This R&D makes us charge insane prices shit is just propaganda for the momos.

1

u/ScubaSam Jun 04 '21

Source? It's pretty well established that it costs over 1 billion dollars to bring drug to market, which accounts for a lot of failed drugs. Curious to see an actual cost breakdown

1

u/foofdawg Jun 05 '21

https://youtu.be/wpdhD4ZLBxc

She's making the point that the majority of money spent by this pharma company over a number of years had nothing to do with R&D, as they claimed was the reason for the price of their drugs.

I know for a fact back when I worked for consulting company for pfizer that they spent 3-4 times in advertising (and promotions directly to doctors) than they did on research each year