info@evworld.com


GM and Ford May Be Wishing Tesla Succeeds. Here's Why.

08 Mar 2023 | Abstracted from Ash.Org

"...traditional car industry has a dirty little secret. It desperately hopes Tesla is wildly successful.

Musk "believes Tesla can reach annual sales of 20 million units with only 10 models. It's a radical thought...Fewer models means less spending on R&D, assembly plants, and equipment...Any significant reduction in spending could improve free cash flow materially. Every auto maker can benefit from that change."



PREVIOUS NEXT

    ADDITIONAL RELATED NEWS LINKS


    2231839

    Get In Touch

    Papillion, Nebraska, USA

    info@evworld.com

    SUPPORT EVWORLD

    Become a patron and help spread the good news of the world of electric vehicles.

    Newsletter

    Not yet ready for primetime.

    © EVWORLD.COM. All Rights Reserved. Design by HTML Codex