Floyd in 2015: BMW and Audi will catch up to Tesla
Joe Floyd · 20 VC 009: Red Flags, Saas and becoming a VC with Joe Floyd · Feb 2, 2015 · at 14:13
Joe Floyd, Principal at Emergence Capital Partners, predicts the future competitive landscape for Tesla in the electric vehicle market.
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“I think what you're going to wind up having is companies like BMW and Audi are going to catch up. Tesla has kind of that one to two Your lead, and, I mean, you see it with companies, with a car like the i-eight coming out. I mean, other car companies are going to be able to do this. So, I think that Tesla will eventually get that 40 or 50,000 dollar kind of BMW competitor, but I think they're just going to be one of five or six dogs in the fight.”
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