Mar 3, 2023

Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says

Posted by in categories: business, sustainability, transportation

The company also showcased other executives, which could alleviate concern that Musk has been too distracted by his other business ventures. They also talked about “meat and potato” topics like cutting costs, improving margins, and EV-charging infrastructure.

The keys to winning the EV race will come down to product appeal, software or user interface, controlling cost, and consistent execution, he said.

“And Tesla right now is one generation ahead of the other automakers,” Fields said, though rivals like Ford and Hyundai are making a lot of progress. “Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday.”

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