GM Coming For Tesla: $27 Billion EV Investment By 2025
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Is GM's $27 billion EV investment enough to stop Tesla? 😂 💲4 Free Stocks on WeBull: https://bit.ly/37Xj7TZ (USA). 💲1 Free Stock on Stake: https://bit.ly/2BysugA (Australia, UK & NZ).👕 Merch https://teespring.com/stores/solving-the-money-problem 📚 My Top 100 Books https://t.ly/NPsI
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SOURCE
◆ Why General Motors is investing $27B into electric vehicles https://www.cnbc.com/video/2020/11/19/why-general-motors-is-investing-27b-into-electric-vehicles.html
"General Motors has invested $27B into electric vehicles. Mark Reuss, GM president, joins ‘Power Lunch’ to discuss the new plan and why they believe they can take on Tesla. Today is a further commitment to electric vehicles, says Reuss. This isn’t something we’ve been on for a month or two — we’ve been on it for a year and a half, two years. We really took a step back and said we were going to have 0 emissions, 0 congestion, and that commitment we made is now manifesting itself, he adds."
In this video I react to, discuss and share my opinions on clips of General Motors President discussing their new plans to accelerate their Electric Vehicle (EV) program, with plans to deliver 1 million EVs by mid decade and an $27 billion investment. Is it too little, too late?
Tags: #Tesla #TSLA #GeneralMotors
As always, in this video I'm just sharing my #investment thinking process and my reasoning. Keep using your own brain. Don't be a sheep. 🐑
I love you all,
Steven
p.s. Share your thoughts below. I read ALL your comments.
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