Here's How Elon Musk Is 'Eating The Lunch' Of Tesla's Rivals

A story in InsideEVs quotes University Fellow Benjamin Leard on the subject of getting high-selling electric vehicles on the market.

View on InsideEvs website

Date

Nov. 20, 2020

News Type

Media Highlight

Source

InsideEvs

“The big boys, the Fords and GMs, these companies are still kind of far from really getting a good high-selling electric vehicle on the market," Benjamin Leard, an environmental economist and fellow at Resources for the Future told CNBC. "They are far behind Tesla introducing popular, affordable electric vehicles... so Tesla and other companies introducing EVs will really be cashing in" for the foreseeable future.

If legacy automakers continue to drag their feet, Leard says, “They will have to go to Tesla, and say ‘we really need those credits,’ and that will bid up prices.”

Click here to read the full story.

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