General Motors is already in decline, but the real survival test hasn’t yet occurred. While GM is planning multiple electric vehicles for the future, its timeline are far out leaving the company little room for failure. ARk Invest is predicting 40% EV market share by 2025 whereas GM is forecasting its own EV share to be 40% by 2030. This misalignment could be DEVASTATING to the company. General Motors is also working on its Ultium Battery platform, however Tesla chief Elon Musk has warned against using the types of battery cells that GM has invested in. At the same time, Tesla’s full self driving software continues to improve day by day, but GM’s Cruise division has recently has a shakeup of its own.
#Tesla #ElonMusk #GeneralMotors
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