[Haiku Guy]

As well the pressure also came from Tesla, a silicon valley upstart that is building slick and fast electric cars. Tesla has changed the car industry for the better and forced GM to rethink how they think about building cars.

If there's one thing Silicon Valley upstarts know, it's vaporware.

Tesla is not in the business of building cars. Tesla is in the business of bilking investors. They will produce just enough cars to keep the investor money flowing. But they have no rational business plan that results in them mass producing and marketing automobiles, beyond what is necessary to rip-off investors looking for the "next big thing".

[jazusamo]

I agree on the Tesla. They’ll have to have a lot more investors to keep going at the cost of them, there just isn’t enough car nuts out there for them to make a go of it.

[GeronL]

The Stimulus gave Tesla something like a half million for every car they ever built.

Insanity.