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Audi doesn't even have an R&D team for engines at this point. They're all in on electric, Mercedes is on a similar track. I'm not saying other companies will ca
by colinmhayes 5y ago
Audi doesn't even have an R&D team for engines at this point. They're all in on electric, Mercedes is on a similar track. I'm not saying other companies will catch up soon, but Tesla needs to sustain their advantage for literally decades for this valuation to make sense. 10 years isn't enough.
I've heard very good things about Fords EVs. Battery tech way behind Tesla, but they're already starting to take some of Tesla's market.
- rcMgD2BwE72F 5y agoAudi is a VW subsidiary. And VW's CEO (Herbert Diess) has said they don't expect to overtake Tesla, they just hope not to die trying to survive the transition.
- rpmisms 5y agoDiess also invited Elon to speak at an internal meeting, specifically to help them understand how to make the transition faster. VW wants to survive.