Video: Motley Fool Says Perhaps the Infiniti LE Delay is Due to the Success of the Tesla Model S
Is the delay of the Infinit LE launch somehow linked to the success of the Tesla Model S?
Motley Fool contributor John Rosevear seems to think so and here he explains why.
First though, let’s touch on the official explanation of the LE’s delay from Infiniti boss man Johan de Nysschen:
“There will be an Infiniti EV. The question is one of timing. We have a whole host of product priorities. We have to make very substantial investments now, and it’s important that we expand our volume footprint quite quickly. There has been no formal decision yet within the company to give the project the green light and let them start with investment. In my evaluation of our business strategy, I introduced a whole bunch of additional considerations.”
“It would not be so smart to introduce a car when perhaps 12 or 18 months down the road you have all-new battery technology.”
de Nysschen further says that in growing Infiniti sales from today’s annual volume of 170,000 units to 500,000 by the fiscal year ending March 31, 2017, there’s no room for the Infiniti LE if that goal is to be met.
But is there something else in play here? Is it the Tesla factor?
In this video, Rosevear explains what he thinks is really behind Infiniti’s decision to postpone the launch of the LE.
We’re not so sure we agree with Rosevear’s take on the matter. Do you?