GM's Barra is so full of crap I thought I'd hold her to account as so many haters are doing about Tesla and Musk. The difference being that Musk and Tesla has proven them wrong...100% of the time? https://www.whio.com/news/ap-interview-gms/UIDEIYNU7U3KZ6ZJXCFFHB4HTI/ General Motors CEO Mary Barra isn't backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla. That's 2025...
Those who shorted GM a few months ago should be very pleased. GM has been in 30 to 40 for many many years. So it will continue to be in that range for many more years unless GM does something outstanding.
In the article: "Last year GM sold just 25,000 electric vehicles in the U.S., less than one-tenth of the estimated 352,000 sold by Tesla." Since Tesla just about doubles sales every year, we can project Tesla to sell more than 2.5M vehicles in the US at end of 2025. So that's what... 10,000% growth for GM to match Tesla? Can't wait to see that.
Tesla made a million cars in the last 28 months without its 2 new factories. I think it's safe to suggest it will make and sell 2.5 million in 2025.
What another 6 months does to my prediction... Per Q4 '22 Report, Tesla will make and sell 1.8-2M vehicles globally in 2023. In the US, Tesla sold 522,388 vehicles in 2022. GM's EV sales exploded 53.5% in 2022, to a total of 39,096. Even Ford sold more with 61,575.