$1000 Peloton bike signed out of account and insisted on payment to sign back in at all, though still functions as a $20 salvage bike without any functions.
Is it optimal for all companies to completely cripple products once they've been sold? What's holding them back here?
Welcome to why software clickwrapping and EULA's are a blight to the concept of contract law. Also welcome to why "consideration" has been so dubiously defined as to become meaningless in the modern era.
In a world where everything is gated behind Licensing, and all the mediums of executing software are increasingly headed toward ensuring proprietary lock-in through burning in cryptographic hash locks on firmware; right of First Sale is a vanishing luxury that is simply not being offered anymore.
New cars: Sticker shock would put off prospective buyers. It's a lot easier to get people to pay $73 grand up front, rather than $70 grand plus $1200 for heating, then $800 for air-conditioning, plus $500 for GPS, plus $700 for entertainment, plus ..... well you get the idea.
Tesla would definitely collapse seeing that they're not getting paid for making that Tesla car in the first case. They'd be broke within a couple of months.