Thursday , May 13 2021

Iloon Mask: Ford will not overcome the next economic downturn



The founder of the US electric car manufacturer Tesla, Illon Mask, predicted Ford's legendary car maker could not withstand the upcoming financial crisis.

In an interview with Recode, Mask said that Tesla and Ford luggage survived 2009 on the global financial road and "it is very likely that Ford will not change the next recession."

Mask also said it is very difficult to set up a successful carmaker. According to him, "it is incredible that Tesla is still alive" after the financial crisis, as it is a relatively new car maker.

"It is extremely difficult to make a car manufacturing business a success." There have been many efforts in the industry and in most cases failed even for those with a strong customer base, thousands of dealer centers, thousands of service centers and all the money went to factories. went bankrupt after the recession, "explained Mask.

Mask in the interview openly revealed that the $ 50 million investment by the German Daimler group allowed Tesla to remain above the water at the 2009 Grand Prix. We recall that four years ago Daimler sold its stake to Tesla for 780 million dollars.

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