Business

Elon Musk Predicts the Near Death of These Cars


Elon Musk undoubtedly has helped change the face of the car trade.

In lower than 20 years, Tesla  (TSLA) , which he co-founded, has develop into the benchmark for what all different carmakers aspire to and evaluate themselves with. 

Legacy carmakers like Ford  (F) , Basic Motors  (GM)  and Volkswagen  (VLKAF)  have made Tesla and its charismatic and eccentric chief government their most important rival. 

Startups like Rivian  (RIVN)  and Lucid  (LCID)  need a hand in the state of affairs by disrupting the disruptor-in-chief that’s Musk and the firm he leads. Formidable Chinese language producers NIO  (NIO)  and BYD  (BYDDY)  know they need to beat Tesla to dominate the extremely profitable native inexperienced car market.

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