VW CEO Points Out Tesla's Huge Advantage Over Much Of The Industry

In an interesting and honest comment about their effort to go electric, VW CEO Herbert Diess said that Tesla has an important advantage over legacy automakers when it comes to electric vehicles; they don’t have to worry about protecting their gas-powered car business.

The fact that Tesla only sells all-electric vehicles and only worries about selling electric vehicles give them an important advantage.

Diess made the comment in an interview with Financial Times:

    “I think Tesla is doing a good job. They don’t have to care about the legacy. They don’t have to care about the next generation of gasoline in motors and so they can really focus on the future. It’s an advantage.”

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PUGPROUD - 3/1/2019 12:25:41 PM

+4 Boost

One of the hardest things for a large business is to compete against itself. The built up mentality, culture and fixed investment in old technology is often hard to overcome. Kodak invented the digital camera but couldn't break away from film and paid the ultimate price.

TomM - 3/1/2019 1:01:59 PM

0 Boost

Tesla does not have many advantages over other manufacturers
Their product is already dated for the most part. The market is moving to Crossovers - their offerings are limited - they will have only online sales(Hard to get a test drive online) - and they have used up their Tax breaks. And they still do not offer anything other than Evs. Expect regular ICE cars to continue for decades and Tesla cannot compete there.

ricks0me - 3/1/2019 7:11:39 PM

0 Boost

VW had an advantage over the whole industry with the cleanest diesel engines ... and then they got caught ... LMAO

MrEE - 3/3/2019 7:19:02 PM

+1 Boost

He knows their fat margins cannot be maintained. Like GM their EVs will be token in volume.