huh, what if Tesla bought GM... just to simplify matters and straighten out the electric car market?
Tesla is now worth more than the combined market capitalizations of the three largest legacy automakers in the world — Volkswagen, Toyota and Renault-Nissan-Mitsubishi
I don't but it. GM has more than 80 plants. Tesla has two. GM makes 100 times more money per year than Tesla. If Tesla buy GM what they are going to teach them? How to not sell cars?
GM isn't as profitable - or worth as much as Tesla - per car made. So GM has a lot to learn just to make a profit on electric cars... and to be as successful as Tesla. It grew too large and wasted far too much money on executive perks, for example. It wasted billions on cars that flopped (Aztec) etc
I don't but it. GM has more than 80 plants. Tesla has two. GM makes 100 times more money per year than Tesla. If Tesla buy GM what they are going to teach them? How to not sell cars?
ReplyDeleteGM isn't as profitable - or worth as much as Tesla - per car made. So GM has a lot to learn just to make a profit on electric cars... and to be as successful as Tesla. It grew too large and wasted far too much money on executive perks, for example. It wasted billions on cars that flopped (Aztec) etc
DeleteTesla also is smart enough to not be run by the UAW workers
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