Published Date Mar 18, 2021

CNBC: GM and Ford take cues from Tesla’s success, but try to avoid Musk’s mistakes

It was also one of the latest examples of executives at legacy automakers showing Musk some appreciation. They’ve also adopted at least some of his company’s strategies to catch up to Tesla’s electric vehicle sales the world over.

“What I take away from Tesla’s success is that there’s a huge market for EVs and they validated that,” GM CEO Mary Barra said during an online discussion Thursday for The Economic Club of New York’s Women in Business event.

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By Brenna Moses

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