No need to wonder why GM has gone broke. Investing in flying cars can’t be too reassuring to stockholders. the american auto industry has gone wok and daffy.
” Investing in flying cars can’t be too reassuring to stockholders”
GM didn’t say that.
“No need to wonder why GM has gone broke. Investing in flying cars can’t be too reassuring to stockholders.”
The bosses at GM work for the ChiComs and the Dems - not the shareholders.
ChiComs don’t want to use their scarce dollars to do time consuming and expensive R&D, market research and regulatory compliance. It is much more efficient to corrupt some top individuals to turn the resources of American corporations to their service.
The batteries and the flying cars to be built in Chinese factories? Just a guess...
GM is managed by idiots, and deserves to go broke. Probably within ten years. Now they're investing in batteries and electrics, late to the game, and that will steer customers away from ICE cars which is their bread and butter. Flying cars? Stupid.
Ford is saner. They also invested in electrics but pushed bicycles, which doesn't cut into their ICE sales.