GM and Tesla Merge?

[drivingagain]

A Tesla And GM Merger…How Do You Feel About It

http://www.powernationtv.com/post/a-...-feel-about-it

So this might just be a rumor. I am curious any one else heard any information. Could be interesting.

[Bhobbs]

Why would GM merge with Tesla? GM has shown it is more than capable of developing electric vehicles, and actually delivering them on time.

[Mr_Draco]

That article and the one it links to aren't saying they will or that they might. They are simply saying "what if". Pondering what would both companies gain if they did.

[Camaro_Corvette]

I'd be cool with it. I've honestly thought about purchasing a tesla, but the cost is way to high for me. (I'd be buying the expensive fast car btw). But the idea of it works perfectly for me. As my commute to work is 4 miles round trip. I'll give them a few more years of product improvement before I get real serious about making a purchase.

[DGthe3]

Its not even a rumour. Just writers speculating. And because it involves Tesla, lots of people will share it (even if they don't read the whole thing) because 'OMG!! TESLA!!!!!", therefore driving more traffic to PowernationTV (who?) and Road & Track (who wrote the original article).

Anyways, its a terrible idea because Tesla is insanely overvalued as a company. In my opinion, they shouldn't be worth 1% of what they are valued at. Their cars are crap, their business model is unscaleable, they are either horrendously irresponsible or incompetent when it comes to R&D testing (don't Beta test with paying customers), they have a history of over promising and under delivering, and have never made an annual profit from selling cars.

One of their biggest saving graces in the eyes of the 'true believers' is that they are untainted by conventional automakers, a merger with GM obliterates that.

[FenwickHockey65]

Originally Posted by Bhobbs

Why would GM merge with Tesla? GM has shown it is more than capable of developing electric vehicles, and actually delivering them on time.

Originally Posted by DGthe3

Its not even a rumour. Just writers speculating. And because it involves Tesla, lots of people will share it (even if they don't read the whole thing) because 'OMG!! TESLA!!!!!", therefore driving more traffic to PowernationTV (who?) and Road & Track (who wrote the original article).

Anyways, its a terrible idea because Tesla is insanely overvalued as a company. In my opinion, they shouldn't be worth 1% of what they are valued at. Their cars are crap, their business model is unscaleable, they are either horrendously irresponsible or incompetent when it comes to R&D testing (don't Beta test with paying customers), they have a history of over promising and under delivering, and have never made an annual profit from selling cars.

One of their biggest saving graces in the eyes of the 'true believers' is that they are untainted by conventional automakers, a merger with GM obliterates that.

Bingo.

[KJZ28]

Tesla is so overvalued it almost seems like a joke.

[JerTM]

Funny thing is, If you own a Tesla I immediately peg you as an overly rich moron. There is ZERO incentive aside from exclusivity and maybe drag racing bragging right to own a Tesla over other electric cars. You can't even get them serviced here in Utah because Tesla isn't allowed to sell them here. Utah will not let car manufacturers sell directly to the consumer.

[alcal1084]

Originally Posted by DGthe3

Its not even a rumour. Just writers speculating. And because it involves Tesla, lots of people will share it (even if they don't read the whole thing) because 'OMG!! TESLA!!!!!", therefore driving more traffic to PowernationTV (who?) and Road & Track (who wrote the original article).

Anyways, its a terrible idea because Tesla is insanely overvalued as a company. In my opinion, they shouldn't be worth 1% of what they are valued at. Their cars are crap, their business model is unscaleable, they are either horrendously irresponsible or incompetent when it comes to R&D testing (don't Beta test with paying customers), they have a history of over promising and under delivering, and have never made an annual profit from selling cars.

One of their biggest saving graces in the eyes of the 'true believers' is that they are untainted by conventional automakers, a merger with GM obliterates that.

If you are thinking Tesla is only a car manufacturer then yes I will agree with you they are over valued, But they do other things. the reason the stock is so high is because of the batteries they produce. Power storage for electrical grids is huge people who are investing in Tesla stock understand they are investing on the future not the past.

[BMR Sales]

Originally Posted by alcal1084

If you are thinking Tesla is only a car manufacturer then yes I will agree with you they are over valued, But they do other things. the reason the stock is so high is because of the batteries they produce. Power storage for electrical grids is huge people who are investing in Tesla stock understand they are investing on the future not the past.

Exactly - Solar & Batteries are what makes Elon Musk money, not that he needs it!

[Camaro_Corvette]

Originally Posted by JerTM

Funny thing is, If you own a Tesla I immediately peg you as an overly rich moron. There is ZERO incentive aside from exclusivity and maybe drag racing bragging right to own a Tesla over other electric cars. You can't even get them serviced here in Utah because Tesla isn't allowed to sell them here. Utah will not let car manufacturers sell directly to the consumer.

They aren't that expensive. Lol and there is reasons why somebody would buy a tesla over the other electric options out there. Same as there is with people buying Chevy cars over the other options out there. Exclusivity isn't really a thing for them either, as I see them all the time. And not to mention Utah is probably not very high on their list of target markets to hit.

[BMR Sales]

Originally Posted by Bhobbs

Why would GM merge with Tesla? GM has shown it is more than capable of developing electric vehicles, and actually delivering them on time.

I had the opportunity to drive the Chevrolet Bolt (all electric car ) this weekend and it was actually a very nice car. And it has a 240 Mile range on a full Battery Charge

[JerTM]

Originally Posted by Camaro_Corvette

They aren't that expensive. Lol and there is reasons why somebody would buy a tesla over the other electric options out there. Same as there is with people buying Chevy cars over the other options out there. Exclusivity isn't really a thing for them either, as I see them all the time. And not to mention Utah is probably not very high on their list of target markets to hit.

What is expensive to you? Starting at $68k for the base sedan is a lot of money to me. Agreed, Utah isn't one of their core markets like LA or NY. The only people buying them here are the million/billionaires. I guess I'm one of the few that would rather have a nice place to live than fancy cars. $1k/month payments get old real quick. If the Tesla were to be closer to the $40k mark I wouldn't think so little of them.

[alcal1084]

Originally Posted by JerTM

What is expensive to you? Starting at $68k for the base sedan is a lot of money to me. Agreed, Utah isn't one of their core markets like LA or NY. The only people buying them here are the million/billionaires. I guess I'm one of the few that would rather have a nice place to live than fancy cars. $1k/month payments get old real quick. If the Tesla were to be closer to the $40k mark I wouldn't think so little of them.

So does this mean you will be interested in the model3 when it comes out in a few months?