Tesla CEO Elon Musk stands in a factory alongside Armin Laschet, Prime Minister of North Rhine-Westphalia, Germany.
Tesla CEO Elon Musk and Armin Laschet, Prime Minister of North Rhine-Westphalia, talk during a tour of a future Tesla Gigafactory on August 13, 2021 in Grünheide near Berlin, Germany.
  • Traditional auto companies were supposed to catch Tesla in the EV market. 
  • This past week shows how badly Detroit has failed with EVs. 
  • The whole auto market is getting tougher. Tesla looks better prepared than Ford and GM.

The traditional auto industry has had more than a decade to build viable electric vehicle businesses. It's shocking that these companies are still failing so badly at it.