3 ms·
Re GM: That's quite optimistic. Most of the money and effort with GM will go into making it a stable employer for as many as possible. Re Tesla: Quite possibl
by pchristensen 17y ago
Re GM: That's quite optimistic. Most of the money and effort with GM will go into making it a stable employer for as many as possible.
Re Tesla: Quite possibly true, but you shouldn't build infrastructure from scratch to build millions of cars. They should validate their business and market at 2000 units/yr and expand if it works.
Comparing the two, the GM money is to prevent downside, the Tesla is to capture upside. Both are valid reasons for investment and only hindsight will tell if either was a good bet.