Tesla faces pressure as EV competition heats up, ex-Ford CEO says

CNBC2021-06-03

KEY POINTS Ex-Ford CEO Mark Fields credited Elon Musk for pushing traditional automakers to transition to electrified products but said the shift has created a business challenge for Tesla. Tesla's ...

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Comments

Frosty4ever
2021-06-03
Frosty4ever
Traditional ice manufacturers have to scale down and retool their ice manufacturing at the same time while scaling up r & d of new ev models. Both are big and expensive tasks.
iImba
2021-06-03
iImba
Still the leader by miles. People don't know how much this lead is
Alancheah
2021-06-03
Alancheah
Elon musk ?
超群yibo
2021-06-03
超群yibo
Tesla hv to find alternative. Catch up game is fast and fierce in EV.
ShuJie
2021-06-03
ShuJie
Please shoot!
S土豪熊貓G
2021-06-03
S土豪熊貓G
Too many traders shorting it everyday. Will have to hold for long term. Any comments?
- Greg2021:
  Yes, agreed. However Mark Fields missed the point - not only Tesla feels the pressure, but everyone in the auto industry. Tesla has put in so much innovation to EV and the rest simply have to catch up

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The stock, which trades more like a tech stock, closed 3% lower Wednesday at $605.12 a share.\nShares of traditional car companies, taking the form of cyclical stocks, are up double digits this year and have outgained the market through Wednesday.\nFord shares have put up some of the biggest gains, rallying almost 69% this year to $14.91 at the close Wednesday.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":111737790,"gmtCreate":1622698396910,"gmtModify":1704189180831,"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://community-static.tradeup.com/news/58fdf90023b13bdabb45b46bb0d645e1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"3583106134648492","authorIdStr":"3583106134648492"},"htmlText":"Traditional ice manufacturers have to&nbsp;scale down and retool&nbsp;their ice manufacturing at the same time while scaling up r &amp; d of new ev models.&nbsp; Both are big and expensive tasks.&nbsp;&nbsp;","listText":"Traditional ice manufacturers have to&nbsp;scale down and retool&nbsp;their ice manufacturing at the same time while scaling up r &amp; d of new ev models.&nbsp; Both are big and expensive tasks.&nbsp;&nbsp;","text":"Traditional ice manufacturers have to scale down and retool their ice manufacturing at the same time while scaling up r & d of new ev models. Both are big and expensive tasks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111737790","repostId":1171101570,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111707842,"gmtCreate":1622696893486,"gmtModify":1704189151207,"author":{"id":"3573771226233818","authorId":"3573771226233818","name":"iImba","avatar":"https://static.tigerbbs.com/2253c7a4701d3d505950766c3e8c4837","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3573771226233818","authorIdStr":"3573771226233818"},"htmlText":"Still the leader by miles. People don't know how much this lead is","listText":"Still the leader by miles. People don't know how much this lead is","text":"Still the leader by miles. People don't know how much this lead is","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111707842","repostId":1171101570,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111451657,"gmtCreate":1622694721879,"gmtModify":1704189102728,"author":{"id":"3571214732315276","authorId":"3571214732315276","name":"Alancheah","avatar":"https://static.tigerbbs.com/57f6b873ddda2726858a1e50a582822a","vip":1,"crmLevel":8,"crmLevelSwitch":0,"idStr":"3571214732315276","authorIdStr":"3571214732315276"},"htmlText":"Elon musk ?","listText":"Elon musk ?","text":"Elon musk ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111451657","repostId":1171101570,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111574994,"gmtCreate":1622689503318,"gmtModify":1704189001236,"author":{"id":"3576231291459124","authorId":"3576231291459124","name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576231291459124","authorIdStr":"3576231291459124"},"htmlText":"Tesla hv to find alternative. Catch up game is fast and fierce in EV.","listText":"Tesla hv to find alternative. Catch up game is fast and fierce in EV.","text":"Tesla hv to find alternative. Catch up game is fast and fierce in EV.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111574994","repostId":1171101570,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111567346,"gmtCreate":1622687244385,"gmtModify":1704188947542,"author":{"id":"3580280937765956","authorId":"3580280937765956","name":"ShuJie","avatar":"https://static.tigerbbs.com/fab78f17f563d835249358a8d127785c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580280937765956","authorIdStr":"3580280937765956"},"htmlText":"Please shoot!&nbsp;","listText":"Please shoot!&nbsp;","text":"Please shoot!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/111567346","repostId":1171101570,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":111513581,"gmtCreate":1622686090443,"gmtModify":1704188910636,"author":{"id":"3578811676095048","authorId":"3578811676095048","name":"S土豪熊貓G","avatar":"https://static.tigerbbs.com/2bf36dcb8e5b590c1e5f4df466413275","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3578811676095048","authorIdStr":"3578811676095048"},"htmlText":"Too many traders shorting it everyday.&nbsp;Will have to hold for long term. Any comments?&nbsp;","listText":"Too many traders shorting it everyday.&nbsp;Will have to hold for long term. Any comments?&nbsp;","text":"Too many traders shorting it everyday. Will have to hold for long term. Any comments?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/111513581","repostId":1171101570,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4556045,"gmtCreate":1622686791447,"gmtModify":1663227844031,"authorId":3568957285760850,"author":{"id":3568957285760850,"idStr":"3568957285760850","authorId":3568957285760850,"name":"Greg2021","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":111513581,"type":1,"supId":0,"prevId":0,"content":"Yes, agreed. However Mark Fields missed the point - not only Tesla feels the pressure, but everyone in the auto industry. Tesla has put in so much innovation to EV and the rest simply have to catch up","text":"Yes, agreed. However Mark Fields missed the point - not only Tesla feels the pressure, but everyone in the auto industry. Tesla has put in so much innovation to EV and the rest simply have to catch up","html":"Yes, agreed. However Mark Fields missed the point - not only Tesla feels the pressure, but everyone in the auto industry. Tesla has put in so much innovation to EV and the rest simply have to catch up"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":72,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1171101570"}