Tesla’s Elon Musk Suggests Ford Will Not Survive Subsequent Recession

Sparks on the Elon Musk / Ford line once more.

It’s not a secret that Ford and Tesla/Elon Musk have occasional run-ins.

Possibly it began when Ford registered “Mannequin E”a number of years in the past, mainly stealing Elon Musk’s concept of getting a lineup consisting of Mannequin S, Mannequin E and Mannequin X and Mannequin Y (for “SEXY”) – or perhaps it began even earlier.

Regardless, whereas Tesla gross sales surge to report highs and the corporate turns into worthwhile, Elon Musk casts doubt on the monetary situation of Ford, the one U.S. automaker to keep away from chapter over the last recession. Quoting Musk:

“There’s a great probability that Ford doesn’t make it within the subsequent recession.”

If plug-in electrical automobile gross sales are any indication of what the longer term will holds, we're afraid Ford actually shall be in hassle.

Tesla gross sales in U.S. – October 2018

Musk talked about Apple too, which is dropping its luster.

“They nonetheless make nice merchandise, however there’s much less of that”

Possibly it’s time to begin promoting electrical telephones? Wait… scratch that. Possibly Tesla ought to enter the cell phone biz?

Supply: Bloomberg