Tesla Semi truck unveil & test ride set for Oct 26th !

time2roll wrote:

Dadoffourgirls wrote:
Meanwhile in Tennessee, GM has started building the Cadillac LYRIQ. In Detroit, GM continues to actually build the Hummer EV super Truck.

Nobody needs to just take drone pictures. The plant is done. Vehicles being delivered as announced.

No outrageous deposits for years. Just doing what they announced.

And on the vernal equinox, GM has shared more detail for the all electric Equinox. Real EVs, that will be built and sold as announced.

So far everything out of GM has sold at low volume including the Volt and Bolt. I expect LYRIC and HUMMER to be similar.

GM still has not figured out an EV platform that actually sells at volume. Maybe the Equinox? Model Y already sells better than the ICE version. Good luck.

Tesla publicly stated goal is to make at least 1,500,000 vehicles in 2022, I expect it to be closer to 2 million. GM is to make 25,000 of the Lyric and to make 21,000 Hummers for a grand total of 46,000 EVs. I wish them success.

Tesla had a 30% profit margin in their products in 2021, It will be interesting to see what GM's margin is on their new products.