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Exactly. It's surely significant that Tesla has overtaken all the incumbents and now has the greatest market share in plug-in electric vehicles (i.e. plug-in hy

Exactly. It's surely significant that Tesla has overtaken all the incumbents and now has the greatest market share in plug-in electric vehicles (i.e. plug-in hybrids and battery-electric vehicles combined): https://www.statista.com/statistics/541390/global-sales-of-plug-in-electric-vehicle-manufacturers/ https://www.statista.com/statistics/541390/global-sales-of-p... Not long ago, the incumbents ridiculed Tesla and did their best to publicise various teething problems at Tesla .. production delays, fit-and-finish issues, etc. That's a human reaction from people who've invested their whole careers into building IC engines. But it's precisely indicative of foot dragging: rather than focusing on leveraging their greater manufacturing expertise in the fight for EV market share, they underestimated the challenge coming their way.

Hermitian909 5y ago
> Rather than focusing on leveraging their greater manufacturing expertise in the fight for EV market share, they underestimated the challenge coming their way. I think this phrasing paints people at these companies as being dumber or less perceptive than they are. People are simply acting in their own best interest rather than the company's. People absolutely downplay the EV threat beyond what they believe in order to further their own interests. I would also say some of the foot dragging is just leadership not having limited capacity to think about different things. Leadership needs to keep an eye on all the existing supply chain and manufacturing stuff while also managing the EV side closely enough to be able to understand the benefits of different initiatives.
- Clockface12 5y ago
  You're right about people simply acting in a way they think will serve their personal interests, and it's a nice distinction. Thank you. Another aspect of legacy holding companies back.

Hermitian909 5y ago

> Rather than focusing on leveraging their greater manufacturing expertise in the fight for EV market share, they underestimated the challenge coming their way. I think this phrasing paints people at these companies as being dumber or less perceptive than they are. People are simply acting in their own best interest rather than the company's. People absolutely downplay the EV threat beyond what they believe in order to further their own interests. I would also say some of the foot dragging is just leadership not having limited capacity to think about different things. Leadership needs to keep an eye on all the existing supply chain and manufacturing stuff while also managing the EV side closely enough to be able to understand the benefits of different initiatives.

Clockface12 5y ago
You're right about people simply acting in a way they think will serve their personal interests, and it's a nice distinction. Thank you. Another aspect of legacy holding companies back.