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GM's partnership with LG Chem seems to match the market demand today more closely than Tesla'a expectations for tomorrow. People are buying CUVs due to low gas
by karpodiem 10y ago
GM's partnership with LG Chem seems to match the market demand today more closely than Tesla'a expectations for tomorrow.
People are buying CUVs due to low gas prices. The electric buzz is already wearing off.
- tokipin 10y agoIn my opinion that's like saying the "DVD buzz is wearing off" in comparison to VHS. :D But yes, if you don't believe electric cars are going to take over everything, the Gigafactory looks super risky, and regardless it's definitely an enormous investment to have on the books while it's not paying for itself.