Question Details
Will GM buy Tesla in 2014?
kruijs in
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Settled on 08/15/2020 17:08 Settled by
Josef BiesenbergerPredictions
Background
GM could buy Tesla in 2014! Can you believe it? It's totally, probably gonna happen, because Yra Harris, an analyst, said so. And, contrary to the first syllable of his job, he's not speaking ex recto here. He's basing it on all kinds of data, like the existence of Tesla and GM, and the use of money to buy things.
Harris giggled out this prediction on CNBC, noting that it was "out there," but that didn't stop news sites like Forbes or eco-car sites like Hybrid Cars from excitedly repeating the speculation. Sure, it's possible, and GM does have a dealer/service network and Tesla does have some proven technology, but that hardly means anything.
Tesla hasn't ever even said they want to be bought, and GM isn't exactly incapable of developing a viable electric car on it's own. The prediction has as much value as any prediction you or I make, except it's coming from the larynx of a man with a funny name that financial folks listen to.
http://jalopnik.com/automotive-predictions-for-2014-based-on-data-real-anal-1490031774
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