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Tesla Shows Us The Risks When Dominant Incumbents Fail To Be Bold

China’s military is Netflix; the U.S. military is Blockbuster. China is Amazon; the U.S. is Barnes & Noble. China is Tesla; the U.S. is General Motors. People thought the automotive industry could not be disrupted and that Ford, GM and Toyota had preordained rights to be the leaders for the next thousand years. Automotive executives […]