What a load of BS from the OP? Iphone and Tesla cost more, because they offer the best quality. Instead of an iPhone, you can always go for a phone with similar specs from Xiaomi, which will cost around 80% less than the Apple product. But it won't give you the same quality as that of iPhone. Also, you can go for Nissan Leaf instead of Tesla Model 3. But again, it won't give you the same range or battery life. So these products are not overpriced. Rather, they are fairly priced and people are ready to buy them at these prices.