Monday, April 24, 2017

Ford vs Tesla.

Insightful assessment of Tesla vs Ford. From a financial standpoint, Ford has had five straight years of profits amounting to over $24 billion, while Tesla's losses total $2.2 billion over this same period.

From a product standpoint, Ford's Fusion Hybrid is now outselling the Prius. (Plus, Ford is investing $4.5B to create 13 electric vehicles over the next several years.)

Do I admire Tesla and Elon Musk? Absolutely. And I admire even more seeing a 114 year old company reinvent its future.

Here's the article.

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