Mark Fields

What Holds Up Automakers From Catching Up To Tesla? Corporate Inertia

A frequent theme of the legions of Tesla skeptics is the idea that, when the traditional automakers finally get serious about EVs, Tesla will be toast. However, while the auto giants, with their access to amazing amounts of capital and their enormous economies of scale, certainly have the ability to bury tiny Tesla, the reason that this scenario isn’t going to take place is that they don’t have the motivation to compete with the California carmaker.

Does Tesla Have A Free Pass?

Five years ago, electric-powered vehicles began to make an appearance. Nissan and Tesla proceeded along two entirely different approaches to converting buyers from ICE vehicles to electric-powered vehicles. Nissan added the Leaf on top of its ICE vehicle lineup and Tesla was all in with its electric Model S. Other legacy manufacturers added small numbers of electric compliance cars to meet state requirements. Where is the free pass?

Tesla May Win “Monopoly”

Financial investment company Berenberg has completed an analysis of Tesla and concluded its stock, currently priced at about $380 per share, could surge another 30% in the next 12 months. In fact, the analyst team, headed by Alexander Haissl, claims the company could soon have a near monopoly in the market for electric cars.

Mark Fields Out At Ford — Who’s Next In Big Auto?

Mark Fields, CEO of Ford Motor Company, has been pushed aside by the company and several of his top lieutenants are busy updating their resumés. Joe Hinrichs, currently head of operations for the Americas; Raj Nair, the global technology and product development director; and Mark LaNeve, head of sales, service and marketing, are all subject to being fired or reassigned according to company sources.

Selling Electric Cars Sort Of Important To … Selling Electric Cars

Is it true that people aren’t interested in buying electric cars, as Ford CEO Mark Fields claims? EV sales are hovering around 1% of the market in the US despite all that has been written about them and significant increases in the number of electric car charging stations available. “Ah hah!” Fields and his colleagues say. “See? We told you so.” Gina Coplon-Newfield, the director of electric vehicles initiative at the Sierra Club sees things differently. “When manufacturers say buyers aren’t interested in buying electric vehicles, it’s a self-fulfilling prophecy,” she says.

Ford CEO Mark Fields Told Trump 1 Million US Jobs At Stake Because Of Fuel…

While commentators on earlier articles have accused me of putting words in Ford CEO Mark Fields’ mouth with regard to his stance on market demand for electric vehicles (EVs), I don’t think that there’s any doubt at this point that he isn’t pro-EVs, and isn’t too concerned with his company’s effect on the wider environment. For that matter, it seems hard to argue that he isn’t prone to stretching the truth quite a bit.