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To: adorno
It shouldn't be hard to beat Tesla since, the EV market is still very small in comparison to the total vehicle market.

GM will never beat Tesla.
Tesla produced and sold nearly 950,000 EV cars last year..
GM produced just 26 EVs in the last quarter. And GM was making EVs even before Tesla was founded.

42 posted on 03/07/2022 9:48:44 AM PST by SmokingJoe
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To: SmokingJoe
GM will never beat Tesla.

It's not GM by itself that is going after Tesla. Although Tesla is way ahead in sales of EVs, the prices are way too high for most consumers. Thus, there is a very big market waiting to be tackled by the makers that can bring down the prices. Like I said, it's not GM by itself; it's the government looking to create a much bigger EV market, and Tesla's prices are not for the bigger lower priced EVs.

GM and Ford and most other carmakers are looking towards the lower priced market.
86 posted on 03/07/2022 10:49:40 AM PST by adorno
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