JudithGrant
2021-11-30

Even if somebody were to give Tesla's model 3 or S designs for free to GM or Ford they would still screw up: old managers would demand reviews and order improvements, engineers would tweak it for months, union workers would refuse to work hard, factories would have to be retooled, ice parts and supply channels would have to switch to electrical parts, and dealerships would add an extra premium. To compete in price they would have to use less or cheaper materials. Most likely they won't beat Tesla in range. None has so far announced building a battery factory so will depend on China and Korea to get them at a markup. Maybe Toyota will come up with a successful line of plug-in hybrids but they have been distracted with fuel cells for years. Newcomers like Lucid, Rivian, and Lordstown won't be making any money even if they were to produce something someday, will have questionable quality/support, and won't have advanced self-driving technology. Tesla, NIO and other Chinese/Korean car makers will make a move and corner the low-end of the EV car industry too.$Tesla Motors(TSLA)$$Ford(F)$

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