Tesla, Markets, Bitcoin, and Deere (Podcast)
Bloomberg Intelligence
00:00
GM's EV Business Is a Coiled Spring
GM wants to make and sell $50 billion worth of EVs by 2025. That's a million at 50 grand apiece, right? It's a million in two years from 40,000 last year,. And I see what that is. Ford who talked about breakeven on Mustang Mach E going back, you know, several quarters, $50,000 now because of material costs, it's maybe $60,000. Well, how many $30,000 things do you want to sell, if your costs are produced them is above that?"
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