Can Tesla Compete With The Established Car Makers?
“That aerospace company, more commonly known as SpaceX, was founded by Musk in 2002….SpaceX recently won a NASA contract to deliver cargo to the international space station when the space shuttle program is retired next year. That contract, worth $1.6 billion, was won over such industry mainstays as Boeing and Lockheed.” Source (CNN): http://www.cnn.com/2009/US/03/26/tesla.new.sedan/index.html SpaceX http://www.spacex.com Let that sink in for a moment. We have here a guy that one day woke up and decided that he wanted to build a better rocket and seven years later is competing with Boeing and Lockheed in one of the most challenging businesses to enter. The same guy wants to build a better car. The Electric Car Revolution is here and it will run over those car makers that are visionary challenged and/or weight challenged (debt, internal organizational bloat, UAW legacy costs, government owned). It is possible to go on a crash diet if your life depends on it. I still love you GM VOLT. I
