GM Delivers News That Tesla and Ford Won’t Like

Published by
The Street

By Luc Olinga The Detroit giant wants to produce 1 million electric vehicles in North America by 2025, despite disruptions affecting supply chains. General Motors (GM) – Get General Motors Company Report gets the least love in the rivalry with Tesla (TSLA) – Get Tesla Inc. Report and Ford (F) – Get Ford Motor Company Report for winning over consumers looking for an electric vehicle. Investors also seem to place the Detroit giant behind its two rivals if we stick to market capitalizations which now value Ford at more than $53 billion at the time of writing and GM at $51 billion. Tesla is far, f…

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