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.
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