Tesla will overrun traditional car companies because they still aren’t moving fast enough

in #tesla5 years ago

The automobile industry is changing at a rapid pace.

Yesterdays' restructuring plan by General Motors is a sign of things to come. One of the world's leading car manfuacturers decided it is time to change course of the company. Bigger is not necessarily better going forward.

That does not mean that GM is going to scale down to the size of a niche car company. Not by design anyway.

The challenge for all the traditional car companies is to starve off being another Nokia. We are seeing a shift to electric that is putting these companies in a bind. They are very good at making ICE cars while doing so at a profit. Producing electric cars is a completely different animal.

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