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Because the rest of car companies are still figuring out that they even should be figuring out electric.
by tomp 6y ago
Because the rest of car companies are still figuring out that they even should be figuring out electric.
- moate 6y agoI mean based on popular understanding, they KNEW they should be figuring out electric cars (and have been!) but: 1- Oil companies pressured the industry/government to keep supporting their platform 2- Most car companies didn't consider themselves battery companies, which Tesla obviously is. They sell the product "cars" not so much the underlying technologies that make them function. Thinking of Tesla as a car company and not a battery/energy company is a misunderstanding of where they spend their energy. It's like thinking Google is a search engine and not an adverting/information brokerage company.
- totalZero 6y agoThe other car companies have been researching and investing in EVs, emerging battery chemistries, and autonomous driving for over a decade. At their scale, they can't exactly build a business on 500k vehicles per year. That doesn't mean they aren't poised for market entry as the infrastructure matures and demand grows.