As I said, there is a reason they are all switching to EVs.
The Tesla Model S, in its main US market, is the leader in the luxury car market. Model 3 is the #1 selling car by revenue.
Production is limited to 2 US factories. Worldwide numbers go up fast when they have a Euro factory, Chinese factory, etc.
> GM turned a loss selling nine million vehicles or so, opening a whole line to enter a market which is moving just one million units or so competing with players like Tesla that operate at almost a loss make zero sense.
The Tesla Model S, in its main US market, is the leader in the luxury car market. Model 3 is the #1 selling car by revenue.
Production is limited to 2 US factories. Worldwide numbers go up fast when they have a Euro factory, Chinese factory, etc.
> GM turned a loss selling nine million vehicles or so, opening a whole line to enter a market which is moving just one million units or so competing with players like Tesla that operate at almost a loss make zero sense.
And yet they are doing it.