Earlier quoted context omitted.
Apple cars would aim more for the (1) bracket than the (3). Apple products are status items. Same particular utility can be had much cheaper.
How can Apple products be status items when over 60% of smartphones in the US are iPhones? Is Coca-Cola a status item? Is it possible that they're just good products that deliver good value to the majority of people who buy them? Is a $1300 Galaxy S24 Ultra not a status item?
How can an official suit and tie be a status item if most men have one?
How can a good beard be a status item if it grows for free?