Credit: Tesla
Tesla beat the impossible odds of building a car company that is now challenging the Big Three — not to mention the Chinese. : “The all Electric Car is a disaster for both the United Auto Workers and the American Consumer. They will all be built in China and, they are too expensive, don’t go far enough, take too long to charge, and pose various dangers under certain atmospheric conditions.”Remember in 2008 when Toyota and other Japanese car makers were the biggest threat and were bankrupting the American car industry?
And Toyota also missed a paradigm shift: cars have become gadgets on wheels, packed with AI, cameras and sensors and replete with periodicEVs have also provided a great window of opportunity for both General Motors and Ford. Today both companies are delivering high-quality EVs — such as the Cadillac Lyriq, Chevrolet Silverado EV, Mustang Mach-E and F-150 Lightning — that the Japanese will have much more trouble competing with.