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Auto industry expert Sandy Munro shares why he thinks Tesla will rebound from the COVID-19 crisis easier than other automakers.
“Tesla, because they are vertically integrated, they’ll move up faster than someone who has tons of suppliers. And the reason for that is because every supplier is on a payroll and they all want to get going because they want to make sure they keep a paycheck,” Munro says.
“You can only move as fast as whoever the slowest supplier is, and you’re only going to be as good as the worst quality supplier,” Munro added.
“Tesla, because they are vertically integrated, they’ll move up faster than someone who has tons of suppliers. And the reason for that is because every supplier is on a payroll and they all want to get going because they want to make sure they keep a paycheck,” Munro says.
“You can only move as fast as whoever the slowest supplier is, and you’re only going to be as good as the worst quality supplier,” Munro added.