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Published · transcript-backed

Doug DeMuro: belief

27 Jun 2023 Acquired Porsche (with Doug DeMuro)

“I think probably because development started about when they started Mission E, and that was in 2015, and sedans were still a big part of the market.”

— Doug DeMuro

Source trail

Everything needed to verify it.

Speaker
Doug DeMuro
Attribution
Verified speaker
Claim type
belief
Recorded
27 Jun 2023
Publisher
Acquired

Transcript context

…Why do you think they came out with a sedan? It was a mistake for sure. I think probably because development started about when they started Mission E, and that was in 2015, and sedans were still a big part of the market. But most brands now that are coming out with electric cars as their first car are coming out with SUVs. If you look at Rivian, pure SUV and truck, Hummer EV, there's a ton, I think Porsche made a mistake. But relative to the other traditional auto manufacturers, I get the sense Porsche got to be in the top tier of best positioned for an electric future.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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