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Will General Motors Put the Squeeze on Tesla With Chevy Bolt?

Bret Kenwell

told investors that it would increase production of the Chevy Bolt. Starting near $36,000 with a near-240 mile driving range, the Bolt is viewed by many in the industry as a serious competitor to the Model 3 from Tesla Inc. Given Tesla's production woes and the decades of experience (and far deeper pockets) that GM has, it could be a formidable matchup.