Tesla is Doing to Automotive What Apple Did to Smart Phones

Because of this, most of the new EV companies at the LA Auto Show will fail

AutomobilityLA 2021

There was no shortage of new electric vehicle companies at last week’s Los Angeles Auto Show press event.

• Edison Future

• Mullen

• Canoo

• VinFast

• Fisker

• Lucid

• Rivian

I walked away thinking that many of these companies will fail. Not only do these EV-makers have to compete with all of the legacy automakers attacking the category, they also have to…