Has Musk Become a Victim of His Own Success?
The auto industry is one of the toughest industries to bring change to. Before Tesla came into existence, legacy automakers General Motors (GM), Ford Motor Company (F), and Toyota Motor (TM) ruled the industry for decades without any significant transition from gasoline to alternative fuel on a large scale. Musk entered the highly capital intensive auto industry with the idea of accelerating the transition to sustainable transportation with Tesla vehicles.