Part 6/10:
Michael Dunn, a former GM executive and current automotive consultant, sees a critical need for Detroit to refocus and re-engage with global markets to survive. The current trajectory suggests a concerning vulnerability for traditional American manufacturers, especially as their competitors evolve and adapt.
The Rise of Tesla
In contrast to their legacy counterparts, Tesla appears to be gaining ground and solidifying its position in the industry. The company is not only thriving in the electric vehicle (EV) segment but is also moving toward becoming a broader technology and AI entity. However, Tesla's reputation has taken hits globally, with growing sentiments in Europe of discontent regarding Elon Musk's leadership and controversies surrounding the brand.