Re:Tesla Plunges After a Conference Call
by twblalock on Thursday May 03, 2018 @05:57PM
(#16990362)
> GM is reportedly losing ~$7,500 for each Bolt they sell, how long do you think that would go on if Tesla were to disappear overnight?
I think they would sell more Bolts because without the Model 3 there would be less competition in the Bolt's price range.
Everything I've seen indicates to me that GM is very serious about this, and the German brands are also investing a lot -- the rise of electric cars is coinciding with the decline of diesel, and they are moving their money from one to the other.
I think they would sell more Bolts because without the Model 3 there would be less competition in the Bolt's price range.
Everything I've seen indicates to me that GM is very serious about this, and the German brands are also investing a lot -- the rise of electric cars is coinciding with the decline of diesel, and they are moving their money from one to the other.