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> Other vendors are forced to keep time, people and money allocated to maintain their 19th century gas engines. GM had to sell 600,000 high-margin trucks to r
by csours 9y ago
> Other vendors are forced to keep time, people and money allocated to maintain their 19th century gas engines.
GM had to sell 600,000 high-margin trucks to raise the same amount of funding that Tesla got from investors (VERY ballpark numbers). With those funds, GM also had to invest in over 30 assembly plants around the world and 12 or so product launches, not including engine and transmission programs.