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.)
Fool contributor John Rosevear owns shares of Ford and General Motors. Rex Moore has no position in any stocks mentioned. The Motley Fool recommends Ford, General Motors, and Tesla Motors. The Motley Fool owns shares of Ford and Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.