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GM always abandoned EV technology because they could not find a way to make money at it. For example GM GAVE the defense laboratory guys their own in house development data to start the mini car program that went private. It too failed on the finance end.
But TESLA survived... HOW? because Elon wanted it to. The company failed to make any profit until January 2020. Very few companies can afford to run at a loss for a decade or better and stay in business. |
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