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Tesla will overrun traditional car companies because they still aren’t moving fast enough – MarketWatch

It took the worst corporate scandal in automotive history for Volkswagen to make the necessary decision to transform itself into an electric car company. The world’s largest car maker will spend $50 billion over the next five years to develop 50 new electric models, an increase from six today, and produce 1 million electric cars by 2025. (It produced 10.88 million cars in total in 2017.)

Opinion: Tesla will overrun traditional car companies because they still aren’t moving fast enough
MarketWatch

Ask yourself who you’d rather be: Tesla or GM? Better yet, ask Nokia. Read the full story

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