General Motors (GM 0.85%) 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 (TSLA 3.85%)? 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.)