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Article is dumb enough to barely qualify as clickbait. GM (and almost everyone else) has structural overcapacity and fixed-cost issues that would be challengin
by linksnapzz 7y ago
Article is dumb enough to barely qualify as clickbait.
GM (and almost everyone else) has structural overcapacity and fixed-cost issues that would be challenging to deal with, even if the market for electric cars went to zero this evening.
Losing money is losing money, and you can go bankrupt just as easily (even if you're losing less money per unit) making electric as you can making ICE vehicles.