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News Link • Transportation

What Everybody Got Wrong About Tesla

•, Rob Wile

It's an incredible feat.

Business Insider's Henry Blodget summed it up thusly: "What Tesla has accomplished over the past decade is extraordinary... So far, anyway, Tesla is a great American success story, and everyone should be rooting for it."

Just a few weeks ago, we were calling out CEO Elon Musk for misconstruing its pricing scheme. And in February, we had concurred with the New York Times' pessimistic take on electric cars.

Now we know better.

Deutsche Bank's Dan Galves told us the trick to Tesla surmounting the critics was its ability to turn an ostensibly startup product to look like all the other guys' vehicles:
We think versus comparable vehicles — the BMW 5 series, the Mercedes E class...buying the Model S, you don't really have to compromise versus those types of vehicles developed over decades. It's been very impressive in terms of engineering this car, and making it something that people are really demanding right now.

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