Tesla Has One Notable Doubter in Fiat Chrysler CEO Sergio Marchionne
Elon Musk has done a great job pitching Tesla (TSLA) - Get Report to the masses, but there are some problems says one industry titan.
"We still don't have a viable economic model for delivering an electric car," Fiat Chrysler (FCAU) - Get Report CEO Sergio Marchionne told a group of reporters at an event on Monday. "As much as I like Elon Musk, and he's a good friend and actually he's done a phenomenal job of marketing Telsa, I remain unconvinced of a ... economic viability of the model that he's pitching."
To Marchionne, the costs of producing an electric car need to come down in order to make them viable. If one can't get the costs down, then Marchionne believes automakers must develop cars that can use both gas and electric for power.
And you say, Elon?
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