GM CEO says Tesla has the lead in electric cars, doesn't see profitable $30-40K EVs until end of decade
June 5, 2023
GM CEO Mary Barra says that she doesn’t see profitable electric cars in the $30,000 to $40,000 range until the end of the decade or “maybe even later.”
Here’s why she is wrong and why it doesn’t even matter.
At a Sanford Bernstein conference, Barra commented on the current EV market and admitted that Tesla has the lead in it, but she hinted that she believes GM can catch up (via…