Tesla Motors is no doubt gaining a foothold in the electric vehicle segment. General Motors on the other hand have openly admitted to creating a special unit to monitor Tesla Motors. Some analysts are believing that this could mean GM might be interested in buying them.
In an interview with CNBC, Yra Harris of Praxis Trading made a bold prediction that GM could try to buy Tesla Motors next year.
Owning Tesla would give GM the advanced plug-in technology as well as a premium high-tech brand to its stable. GM would be able to help Tesla grow further thanks to its established global retail and service networks.
Personally, I prefer winter over summer. I’m much better at handling the cold than I am at handling the heat. But let’s face it: the same doesn’t really go for a lot of people, and it certainly doesn’t go for most machinery. Cars, for example, are much better at handling those summer months than they are the icy winter ones. Read more