4 ms·
How Did G.M. Create Tesla’s Dream Car First?
- TheStockholmKid 10y agoGood article, it makes me regret that I didn't bet on GM instead of Tesla.
- davidf18 10y ago"Finally, G.M. enjoys the regulatory advantage of producing a fleet. Because the high-mileage, zero-emission Bolt helps the company stay under the federal government’s fuel-economy standards, it perversely allows G.M. to keep selling more profitable, gas-guzzling cars, like the Tahoe S.U.V. As a result, G.M. could lose money on each Bolt and still find the overall project valuable to its bottom line." So, in addition to the advantages of mass production, GM can actually sell these cars at a loss, producing more value for the money.
- Iv 10y agoGM was the first to produce a consumer electric car, in 1996: https://en.wikipedia.org/wiki/General_Motors_EV1 https://en.wikipedia.org/wiki/General_Motors_EV1 They ended up destroying their own stock of cars. For electric car enthusiasts, this was seen as a proof that big automotive manufacturer would never dare go along that path. I do think that GM latest electric car happened because of Tesla, and would not have happened if competition did not exist.