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Are German Automakers Facing Their iPhone Moment?

Original story at CleanTechnica• 3 mentions • 2 weeks ago

 
 
August 12th, 2017 by Matt PressmanOriginally published on EV Annex. After our overview about the allegations surrounding Germany’s top automakers, one has to wonder if Tesla may soon pose a deadly threat. A recent article in the Financial Times ponders this further, reporting that: “The $35,000 Tesla 3 is seizing the halo from Germany’s iconic industry. The US industry never offered any real competition for its luxury driving machines: a Cadillac is no Mercedes. But Mr Musk has eagerly taken on the challenge that Detroit long ducked: he has more than 400,000 pre-orders for his creation, which went into production ...