When Nokia people looked at the first iPhone, they saw a not-great phone with some cool features that they were going to build too, being produced at a small fraction of the volumes they were selling. They shrugged. “No 3G, and just look at the camera!”...

When many car company people look at a Tesla, they see a not-great car with
some cool features that they’re going to build too, being produced at a
small fraction of the volumes they’re selling. “Look at the fit and finish,
and the panel gaps, and the tent!”

The Nokia people were terribly, terribly wrong. Are the car people wrong?

When Nokia people looked at the first iPhone, they saw a not-great phone with some cool features that they were going to build too, being produced at a small fraction of the volumes they were selling. They shrugged. “No 3G, and just look at the camera!”...

When many car company people look at a Tesla, they see a not-great car with
some cool features that they’re going to build too, being produced at a
small fraction of the volumes they’re selling. “Look at the fit and finish,
and the panel gaps, and the tent!”

The Nokia people were terribly, terribly wrong. Are the car people wrong?