Tesla is now worth more than GM. Yup, you heard that correctly. Late last month, Tesla surpassed Ford with a record market capitalization of $45.47 billion. Now, current market evaluation has Tesla worth $52.08 billion with GM only being worth $51.23 billion. Tesla is officially the highest valued American automaker and actually only falls slightly behind Honda, with their value being at $53.08 billion. This is surprising considering Tesla doesn’t produce cars in high amounts due to a lack of manpower.
The company also continuously fails at making a profit. However, Road & Track laid out the case why a possible Tesla-GM merge would make sense. GM has shown with the Volt, that they are really good at delivering large quantities of electric-capable vehicles. Tesla has had a production capacity problem for a long time now and with GM’s resources, a massive amount of Tesla’s could be produced everyday. Tesla also has the “cool” factor which the name alone on any GM electric cars would not only help Tesla make more money but GM as well, creating an unstoppable car company.
Websites:
www.PowerNationTV.com
www.PowerBlockTV.com
Facebook Pages:
PowerNation – www.facebook.com/PowerNationTV
PowerBlock – www.facebook.com/PowerBlockTV
PowerNation Daily – www.facebook.com/PowerNationDaily
Detroit Muscle – www.facebook.com/DetroitMuscleTV
Engine Power – www.facebook.com/EnginePowerTV
Truck Tech – www.facebook.com/TruckTechTV
Xtreme Off Road – www.facebook.com/XtremeOffRoadTV
Twitter:
PowerNation – www.twitter.com/PowerNationTV
PowerBlock – www.twitter.com/PowerBlockTV
Instagram:
PowerNation – @PowerNationTV
PowerBlock – @PowerBlockTV
Very stupid idea. Tesla does not need GM dragging it down. Ditto for Ford. No need for Tesla to get involved in unionized old school manufacturing. Neither GM, Ford or Stellantis can build EVs profitably. They should buy Tesla powertrains with chassis and put their own body on it. Each should have one good EV,, not a bunch of junk like they currently make and build as many ICE vehicles as they can until no one wants one.
I’m sure giant company wants to buy out TESLA especially autos.
What a joke your company is valued more than any automaker and yet you have never turned a profit. what a joke you can't even make money yet you're worth more!!! Tesla is the largest Ponzi scheme in the world history!!!
Let tesla buy the inventory for pennies after GM has gone broke.
Do Tesla owners Really want Chevy quality? I think Not
So, This is how the electric car innovation gets ruined…!
Good for the planet !!
Perfer it would be BMW and Tesla than GM and Tesla besides you can't trut GM with the future of the Electric car They have already shown too much zeal in killing it The only reason the damn Bolt is coming out is because Tesla showed GM up in the Electric Car Stakes
I think it's a great idea! 🙂
GM is where Tesla would go to DIE! That's all GM is good at! …killing good good things.
look up WHO KILLED THE ELECTRIC CAR.
This has to the dumbest idea to float out there. No way would Elon want to buy the dinosaur which is GM. All you would get is the millions of retirees and their pensions. The Bolt is entirely made by LG and not GM.
Elon will have none of this talk. EV's will have to make major inroads into the market before he will even consider it. It is one of his core objectives that has not yet been reached. Until it does he will soldier on.
Horrible idea. Tesla is not just a car company and doesnt need the GM dinosaur. Only individuals with no vision and who cant understand the context are pointing out that Tesla isnt making profits.
GM = General Morons… and tesla was the best nicest smartest dude evaaa
GM kill his awesome electric car back in the 90s! now it want a piece of Tesla
#Doubtful but then again, how could they not…😁
Tesla is like skynet…
hell yeeeaaahhh
With GM downsizing their models, now they wanna buy a company that they can drag down with them as well. They built the Volts so fast that they failed to worry about quality. Hence the batteries overheating. Not a good idea