On Thursday, Daimler, the parent company of Mercedes-Benz, announced a $1 billion investment in its Alabama plant, with plans to start mass production of its new electric SUV in 2020. This move has sparked interest among car electronics experts and industry observers.
Many industry insiders believe that this development could position Mercedes-Benz as a strong competitor to Tesla. In fact, Tesla is also set to launch its compact-class electric SUV, the Model Y, in 2020, which could lead to a direct showdown between the two automakers on the electric vehicle market.
However, Elon Musk, CEO of Tesla, doesn’t see it that way. Instead, he welcomed Daimler’s entry into the electric vehicle space. On Sunday, Musk tweeted: “For a giant like Daimler, $1 billion is just a small number. I hope they invest more in the future—like adding another zero to that amount.â€
Musk has always supported healthy competition in the electric vehicle industry, believing that it drives innovation and growth. In 2014, he even opened up Tesla’s patents to encourage more companies to join the electric vehicle movement. He argued that if only one company were leading the charge, the industry would struggle to grow at the same pace.
During a conference call in 2014, Musk stated, “Sharing our patents won’t hurt Tesla. It will actually help the whole industry grow. I think this will attract the best talent from around the world. In the end, it’s still good for Tesla.â€
In response to Musk’s tweet, Daimler quickly replied that it plans to invest $10 billion in next-generation electric vehicles and an additional $1 billion in battery technology. Musk simply responded with “awesome!â€
Daimler is clearly moving fast, with its new initiatives targeting key areas of Tesla’s business—from home energy storage solutions to electric trucks. For example, in May of this year, Mercedes partnered with Vivint Solar to offer smart solar systems to California residents, directly competing with Tesla’s Solar Roof. Additionally, Daimler’s truck division, Mitsubishi FUSO, is collaborating with Tesla on electric trucks, which will be unveiled later this month.
By 2022, all Mercedes-Benz models are expected to be fully electric, which could put significant pressure on Tesla. It will be interesting to see how Musk responds to these developments in the coming months.
This article covers the latest updates on Mercedes-Benz’s $10 billion investment in electric vehicles and Musk’s positive reaction. If you want to stay updated on the latest news in the automotive and tech industries, make sure to follow our site for more detailed and timely information.
TWS Earphone
TWS Earphone,Baseus Wireless Earphones,Tws Under 1000,Lenovo Ear Buds
Pogo Technology International Ltd , https://www.wisesir.net