If Detroit Wants To Beat Tesla They Will Need To Learn From Them Not Copy Them

Earlier this summer, General Motors vice chairman Steve Girsky hinted that the company's CEO, Dan Akerson, was more than a little concerned about the rise of electric vehicle startup Tesla Motors: “He thinks Tesla could be a big disrupter if we’re not careful,” Girsky said in an interview with Bloomberg. “History is littered with big companies that ignored innovation that was coming their way because you didn’t know where you could be disrupted.”

Should major automakers and their investors be concerned that Tesla's market cap is rapidly approaching the levels of Ford and General Motors? Of course. That's why Shai Agassi, the founder of bankrupt electric vehicle infrastructure company Better Place, has some advice for them: Don't copy Tesla. Just learn from it.

randy3023 - 8/30/2013 5:05:50 PM

+2 Boost

“History is littered with big companies that ignored innovation that was coming their way because you didn’t know where you could be disrupted.”

How so? In America you get rewarded ("bailed out") for fucking up.

GM should be GONE. How the fuck did they manage to convince people they were "too big to fail"? What a disgrace of government. What CORRUPTION.

rockreid - 8/31/2013 9:05:29 AM

+1 Boost

FYI, Ford Motor still has about $6 Billion in Big Government loans out right now.

Need4Speed - 8/31/2013 12:03:41 PM

+1 Boost

Is it just me...or it is every time I see a Telsa on the road...I can't look away. I can't think of anything being sold today south of of $100K that is so beautiful.