TESLA SCHOOLS GM on how to make an electric car...
Nearly a decade after its creation, Tesla Motors (NASDAQ:TSLA) is now making industry ripples large enough to put the big guns at General Motors (NYSE:GM) on notice. And it doesn’t get much bigger than GM’s head honcho Dan Akerson, who has said that he doesn’t want to be caught off guard by the “potential disruptive force” that is Tesla Motors. GM Vice Chairman Steve Girsky says that Akerson has actually formed a small committee with the sole purpose of studying the EV startup, and attempting to determine what effect the company could have on GM and its 104-year old legacy.
Finally some common sense from GM.
If the sub par Caddy EVR is even priced close to the base Model S, GM would look completely stupid.