How will Ford's announcement to invest 4.5 billion USD in electric vehicles affect Tesla Motors?
Ford’s investment in electric vehicles (“EVs”) will only make Tesla look smarter. Ask yourself these questions: [1] Will Ford have a nationwide network of publically available chargers that can recharge a vehicle's battery in minutes? [2] Will Ford be investing some of these billions in a battery gigafactory? [3] Will the price, design and range of a Ford electric vehicle be attractive enough to be the purchase of choice of today's BMW, Mercedes, Lexus and other high end automobiles? I suspect that none of these answers will be yes. And yet, Ford has a decade of experience seeing Tesla go from zero to one of the most watched automobile manufacturers on the planet. [1] Vehicle Charging People who buy any vehicle expect that they will be able to refuel their vehicle away from home in a reasonable amount of time and obtain a reasonable travel range. Tesla built it’s battery recharge network to be everywhere and to charge quickly. What is the Ford plan for EV ch...