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Can GM Challenge Tesla in the Next Generation of Electric Cars?

General Motors (NYSE: GM  ) is working on an all-electric vehicle with a 200-mile range and a potential price tag of about $30,000. At least that's what a GM executive told the Detroit News, and the company later confirmed the quote with Motley Fool's senior auto analyst John Rosevear.

What will this mean for current electrified king Tesla (NASDAQ: TSLA  ) ? In this segment of Motor Money, analysts Rex Moore and John Rosevear discuss this electrifying topic. (You can see the complete Motor Money show here.)

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Read/Post Comments (6) | Recommend This Article (2)

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  • Report this Comment On September 26, 2013, at 1:46 PM, speculawyer wrote:

    Yes, GM can challenge Tesla. The Tesla Model S is an awesome car and well-engineered. However, there is no magic to stuffing a huge battery into a car and selling it for a high price, just solid engineering and design. GM can do it. The Volt, ELR, and even the little Spark EV are all solid plug-in vehicles from GM.

  • Report this Comment On September 26, 2013, at 2:03 PM, jamesdan567 wrote:

    GM is way behind Tesla's patented battery technologies. In addition, Tesla has attracted and continues to attract better EV engineers than GM. In addition, Tesla can draw knowledge and skills from the rocket scientists at SpaceX. GM is at a substantial competitive advantage because of these factors and more. Ultimately, GM is not competitive compared to the world's largest and best EV maker -- Tesla. Virtually all of GM's resources are dedicated to ICE cars and will be for the foreseeable future, thus, they are getting farther and farther behind.

  • Report this Comment On September 26, 2013, at 2:05 PM, jamesdan567 wrote:

    GM is at a substantial competitive disadvantage compared to Tesla (correcting my typo above!)

  • Report this Comment On September 26, 2013, at 4:24 PM, Jaybones21 wrote:

    GM can make a $120k supercar (ZR1) thats better than almost all of its more expensive competitors then id say its in the cards.

    Yes ZR1 and electric are two different things but its not a lack of engineering.

  • Report this Comment On September 27, 2013, at 7:11 AM, drax7 wrote:

    GM cannot even match BMW or Mercedes , though tesla is outselling those two luxury cars. How is GM now going to match tesla is beyond reason.

  • Report this Comment On October 15, 2013, at 2:05 PM, sachung wrote:

    Some comments are biased not based on facts. Tesla biggest strength is they can look beyond current "CANs and CAN'Ts" in the current auto industry. Dare to try things others don't even want to try.

    However, other automakers can duplicate once the ideas are proven to work. The so called "Tesla patent advanced battery technology" is basically a cluster of 18650. It's has been used by many just not to that scale.

    Toyota & Daimler are all trying the same thing beside GM. This is still a wide open game. Though we do have to appreciate Tesla for opening a new horizon.

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