Does Tesla Even Need To Worry About Competition From GM ?

GM has even broader ambitions for its Cadillac brand than today's lineup. Its latest vehicles, the ATS and CTS, have won rave reviews, and its own version of the Chevy Volt architecture comes late this year in the form of the Cadillac ELR extended-range electric car.

But could the brand have more green cars in its future?

Though he offhandedly referred to battery-only electric cars as a "panacea" in an interview with the Detroit News, GM CEO Dan Akerson confessed that Tesla Motors [NSDQ: TSLA] is a competitor for the GM luxury brand--and that "ultimately," General Motors will compete with Tesla Motors.

LexusHatersRideTheBus - 9/24/2013 5:22:50 PM

+1 Boost

No.
Next question....

skytop - 9/24/2013 10:35:32 PM

0 Boost

Governement Motors? Ha ha haaaaaaa ha haaaaa

WelcomeLexusIS - 9/25/2013 11:26:59 AM

+1 Boost

It will probably be a very long time before Tesla would have to worry about Cadillac, if ever.