Tesla is about to suffer the same fate as Ford (GM, F, TSLA)

In the 20th century, General Motors outcompeted Ford. Ford was the early innovator, but GM was able to improve on Ford's achievements to become dominant. The same dynamic is now playing out between GM and Tesla, with electric cars and autonomous vehicles. About a century ago, give or take a decade, the Ford Motor Company wasthe American carmaker. Its Model T was the first successful vehicle for everybody, and its founder, Henry Ford, was the greatest businessman in history, warts and all. At the...