In a complete about-face, Ferrari has announced a move towards a hybrid supercar and SUV to compete with Tesla in the luxury segment.

In telling remarks at the Detroit Auto Show, Sergio Marchionne, CEO of Ferrari and Fiat Chrysler, confirmed the move to a group of reporters.

“If there is an electric supercar to be built, then Ferrari will be the first,” Marchionne said. “People are amazed at what Tesla did with a supercar. I’m not trying to minimize what Elon did, but I think its doable by all of us.”

“We do it because we have to do it,” Marchionne continued. “While there is work to be done, the new plan for Ferrari being released in the first half will include hybrid cars, so going from there to an electric is easy.”

Ferrari’s change-of-heart comes after several denials by Marchionne about the possibility of electrification. His past stances have included gripes on $20,000 in losses for every FIAT 500e sold and doubts over the ability of electric cars to save the planet.

At the 2016 Geneva Motor Show, Marchionne continued to fire shots towards electrification, proclaiming that a Ferrari EV was “an obscene concept” and “you’d have to shoot me first.”

No word on exactly when the supercar and SUV would make it to production nor its specifications, other than indications it is planning to launch before the Tesla Roadster’s 2020 release.