Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Where Tesla still lags Ford: Self-driving cars



Electric car maker Tesla hit a milestone last week when its market value of $49 billion overtook Ford’s $46 billion (while selling 76,000 cars last year to Ford’s 6.7 million).

But Big Auto still may have an edge over Silicon Valley upstarts in the race for self-driving cars. A recent report from management consulting firm Navigant ranks Ford ranks first in the U.S., and Tesla 12th.

Other mainstream car manufacturers like General Motors, Renault and Volkswagen all ranked higher than self-driving car champions like Google and Uber.

“The technology is great, but unless you can build tens of thousands of cars and get people in those cars, it’s not really all that useful,” says Navigant’s Sam Abuelsamid.

Tesla may be focused on other technologies, such as battery storage for utility-scale electricity grids.

This post originally appeared in ImpactAlpha’s daily newsletter. Get The Brief.

Photo credit: Screenshot via YouTube / Business Insider

You might also like...

Skip to toolbar