GM, worried about market disruption, has an eye on Tesla

Tesla Model S. GM, which practically invented the modern electric car, now sees Tesla as a threat.

(Credit:
Tesla)

General Motors is concerned enough about Tesla’s competitive threat that it has formed a committee to study the budding electric-car upstart.
GM Chief Executive Dan Akerson has created a small team to study Tesla, according to a Bloomberg report.
Akerson “thinks Tesla could be a big disrupter if we’re not careful,” a GM executive is quoted as saying.

This could be seen as highly ironic in light of the fact that General Motors practically invented the modern electric

Excerpt from: GM, worried about market disruption, has an eye on Tesla

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