Incredible but true. In fact, many comments on this thread could apply to that context as well. For example:
> On paper, the incumbent mega corporations [legacy ICE manufacturers] should have been able to come up with an iPhone killer [a Tesla killer] quickly, considering the resources available to them... What they missed was the inertia and the lack of agility in these big companies. They kept insisting on their current plans until it was too late.
As we know, the theoretical ability of the incumbents to fiercely respond has been imagined every year since 2012, and yet the legacies are still struggling.
> On paper, the incumbent mega corporations [legacy ICE manufacturers] should have been able to come up with an iPhone killer [a Tesla killer] quickly, considering the resources available to them... What they missed was the inertia and the lack of agility in these big companies. They kept insisting on their current plans until it was too late.
As we know, the theoretical ability of the incumbents to fiercely respond has been imagined every year since 2012, and yet the legacies are still struggling.