Elon Musk predicts the imminent death of these cars

Elon Musk has undoubtedly helped change the face of the automotive industry.

In less than 20 years, Tesla (TSLA) which he co-founded, has become the benchmark to which all other car manufacturers aspire and compare themselves.

Old car manufacturers like Ford (F) General Motors (GM) and Volkswagen (VLKAF) have made Tesla and its charismatic and capricious chief executive their main rival.

Startups like Rivian (RIVN) and Lucid (LCID) want a hand in the situation by disrupting the main disruptor that is Musk and the company he runs. Ambitious Chinese manufacturers NIO (NIO) and BYD (WILL) know they have to beat Tesla to dominate the highly lucrative domestic market for green vehicles.

Leave a Comment