GM's Mary Barra: Tesla's Lead Temporary, No Profitable Mass-Market EVs via insideevs.com
After admitting that Tesla is currently leading, Barra when on to say that she just doesn't see profitable EVs coming to market with $30,000 to $40,000 price tags until the end of the decade, or perhaps even later. It seems she's indirectly pointing out that even though Tesla has the lead now, it doesn't offer affordable mass-market EVs, so its lead could be temporary.
Barra went on to talk about profits, noting that the cost of making an EV is still so high that you can't sell them at low prices and still make money. Yet, GM says it's bringing the Equinox EV to market soon with a $30,000 price tag. Meanwhile, Tesla has dropped its prices many times this year, it does offer"affordable" EVs, and it's still making lots of money.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Owners Put The Most Miles On Their EVs, Porsche Owners The Least | CarscoopsEven so, electric vehicles are driven 29% less than your average gas-powered car in US car auto cars
Read more »
Tesla recalls some Model Y EVs, stock rises toward 7-day win streakTesla has issued a voluntary safety recall of certain Model Y electric vehicles, due to a risk of loss of steering control.
Read more »
Audi To Sell EVs Directly To Consumers In Germany After Agreement With Dealers | CarscoopsThe terms could foreshadow a similar structure for other nations where dealers currently set final prices car auto cars
Read more »
Tesla Model S Plaid Track Pack Takes Back Nurburgring Lap RecordTesla is once again the king of the Nurburgring for production EVs after setting a 7:25.231 lap time, beating the Porsche Taycan Turbo S by eight seconds.
Read more »
Tesla Model Y Steering Wheels Might Fall Off Again Leading To Yet Another Recall | CarscoopsIn total, 137 Model Ys are included in the recall, but this is not the first instance where we've encountered this issue affecting Tesla EVs car auto cars
Read more »
E. Jean Carroll and Mary Trump discuss teaming up for new novel, Trump's evolutionWriter and columnist E. Jean Carroll and Mary Trump - co-authors of the new novel, 'The Italian Lesson' - discuss with Nicolle Wallace how they teamed up to write together and their thoughts on the former president heading into 2024.
Read more »