3 ms·

The big question for the next 10 years in the automotive industry is: Will the main automakers catch Tesla? Or for you gambling kids: When will be the best time

• neogodless 6y ago
  My hypothesis is that between GM, Toyota, VW, Ford and FCA, at least one of them will make amply attractive electric vehicles that are competitive in some sense with Tesla. (Also don't forget Nissan!) Tesla still competes on the higher end of the scale. Yes, I know, "average" new car price and all - but for ICE vehicles, most expensive vehicles are trucks and they bring the average up. Sedans/hatchbacks tend to be below that average. SUVs are right around that average, but higher for electric versions. So vehicles like the Mustang Mach-E and VW's ID.3, ID.4, etc. will get siblings and provide consumer choice. Vehicles like the Cybertruck, Ford F150 electric, whatever GM makes after the Hummer, etc. will compete in the electric pickup race. And between all these traditional manufacturers and governments, enough alternative charging networks will exist to be reasonable competitors to Tesla.