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> 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
by twblalock 9y ago
> 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.