It’s not ok for billion-dollar companies to crowdfund
Pre-sales have always been a thing. Tesla is a $60B company. Can they not presell the Model 3? Calling it crowdfunding is just a new branding of an old idea.I would argue the opposite—as a consumer I am considerably safer putting my presale funds into a product of an established company as they are more likely to honor the arrangement. They can’t just go belly up and move on to the next big thing.