Techonomy Detroit in the News: Was Tim Draper Wrong About Detroit’s Electric Car Future?

At Techonomy Detroit last week, venture capitalist Tim Draper had some harsh words for the local crowd. Detroit automakers have lost the electric-car battle to Tesla Motors, he said, and the only hope for the Big Three is to make something as innovative as a flying car. But Todd Woody at Forbes says Draper was wrong: “The electric car battle has only begun and if the objective is to win the war against fossil fuels then Tesla needs Detroit, Tokyo and Munich to join forces and sell as many cars as possible.”

At Techonomy Detroit last week, venture capitalist Tim Draper had some harsh words for the local crowd. Detroit automakers have lost the electric-car battle to Tesla Motors, he said, and the only hope for the Big Three is to make something as innovative as a flying car. But Todd Woody at Forbes says Draper was wrong: “The electric car battle has only begun and if the objective is to win the war against fossil fuels then Tesla needs Detroit, Tokyo and Munich to join forces and sell as many cars as possible.”

For complete coverage of the September 12, 2012, Techonomy Detroit conference, click here.

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