This is why I invested in Tesla early.
The big3 cannot compete and cannot pivot. If you’ve ever worked at a large old legacy company - middle management and upper management and even senior engineering is all boomers or older and they DO NOT want change or learning something new. They want to rest and retire wealthy with as little inconvenience as possible along the way.
The CEO can try to force change but it’s going to be like molasses, and all those stodgy old people will slow it down, shit on it, make it fail, all so they can say SEE we never should have tried anything new.
The only solution is to start a new company from scratch, fill it with people who are locked in on the goals of that company, and use it to put the legacy company 6 feet under.
And if it’s not Tesla that does that to Ford, it’s going to be BYD.