General World News

Tesla is about to suffer the same fate as Ford (GM, F, TSLA)

A woman gets in a self-driving Chevy Bolt EV car during a media event by Cruise, GM's autonomous car unit,  in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage

  • In the 20th century, General Motors outcompeted Ford.
  • Ford was the early innovator, but GM was able to improve on Ford’s achievements to become dominant.
  • The same dynamic is now playing out between GM and Tesla, with electric cars and autonomous vehicles.

About a century ago, give or take a decade, the Ford Motor Company was the American carmaker. Its Model T was the first successful vehicle for everybody, and its founder, Henry Ford, was the greatest businessman in history, warts and all.

At the time, General Motors was a disorganized cluster of brands, while Ford was cranking away. That all read more >>>

Source:: BusinessInsider.Com