Will Tesla do to cars what Apple did to smartphones?

As Tesla surged past Ford and General Motors last week to become the most valuable car company in the United States, here was the brusque assessment of Bruce Greenwald, a professor at Columbia Business School: “It’s nuts.” And, in a way, it is nuts. Particularly, if you ignore the Elon Musk mythology and look at the numbers. Tesla sold 80,000 cars last year. GM sold 10 million, meaning it exceeded Tesla’s annual vehicle sales every

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Will Tesla do to cars what Apple did to smartphones?

As Tesla surged past Ford and General Motors last week to become the most valuable car company in the United States, here was the brusque assessment of Bruce Greenwald, a professor at Columbia Business School: “It’s nuts.” And, in a way, it is nuts. Particularly, if you ignore the Elon Musk mythology and look at the numbers. Tesla sold 80,000 cars last year. GM sold 10 million, meaning it exceeded Tesla’s annual vehicle sales every

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