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all the money is in the electronic gubbins so it couldn't be much cheaper
And yet the Tesla 3 exists.
The whole history of the industrial revolution is one of people learning lessons from one generation of manufacture and applying them to the next to make things both better and cheaper. Claris R2000 is better than DuraAce 7400.
No point in 105 di2, all the money is in the electronic gubbins so it couldn't be much cheaper than ultegra