Tesla is at the lead of the auto industry
Jan 16, 2019
The Detroit Auto Show proved that Tesla is a major player in the global auto market and that other manufacturers are taking note of Elon Musk's company. Volkswagen announced an $800 million investment to start production of a new electric model, GM disclosed plans to turn Cadillac into its EV division, and Ford also announced important plans for the electric vehicle market. Tesla's success comes at a time when manufacturers are under pressure from regulators around the world to cut emissions. Tesla also shows that electric vehicles are the future; a possibility that other manufacturers hadn't considered until Tesla changed the business.