General Motors is facing critical challenges in transitioning to electric vehicles amidst an ever-changing automotive market. GM’s CEO, Mary Barra, is experiencing difficulties streamlining the company’s US operations, dealing with setbacks in the Chinese market, and competing with Tesla and Elon Musk, who has recently cut EV vehicle prices. Mainstream media believes that Tesla is the one with the most to lose in the market, but GM is the one struggling with declining sales and the phase-out of the majority of its sales, which still come from ICE cars. Recent moves have begun by GM CEO Mary Barra to offer buyouts to employees, cut costs, and appease unions. But Elon Musk isn’t sitting still, and is copying GM’s best features for the Cybertruck such as bi-directional charging, and adding in a few of his own. #Tesla #ElonMusk #GM.
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