After a “bad” week — and a heap of scepticism about the Model 3 — competitors are still troubled by Tesla

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Posted: July 13, 2017

Tesla is understood to have had a bad week last week. The stock market declined for two days.

There is the consensus (a growing consensus) that it will not be able to ramp up to 20,000 Model 3s a month by this fall, or come anywhere close to that level.  If you talk to manufacturing executives of traditional carmakers these days the skepticism is high.

But if you speak to  C-suite executives the appreciation (or even fear) of Tesla remains palpable. That’s why you have the likes of VW’s Herbert Diess remarking, as he discussed VW’s EV plans,  “We see Volkswagen as the company that can stop Tesla, because we have abilities Tesla doesn’t have today.”

The obsession continues.

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