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Former GM Product Czar: Tesla a "Fringe Brand"

cartechboy writes There's been plenty of skepticism when it comes to Tesla. The Silicon Valley startup unveiled an all-electric car that stunned the world and had many other automakers rolling their eyes. Fast forward to 2014 and Tesla's preparing to launch its third model, the Model X. Production of the Model S sedan is humming along, and this new automaker continues to make headlines multiple times a week. Industry veteran Bob Lutz was the champion behind the Chevrolet Volt, and has been quite vocal about Tesla from the beginning. So what's his view on the company now? He said Tesla will remain a "fringe brand" until it launches its next generation of vehicles and the smaller, less expensive Model 3. Speaking Wednesday on CNBC's "Squawk Alley" finance show he said that Tesla's stock price was "kinda high" at the moment.

5 of 267 comments (clear)

  1. Re:Tesla is worth 60% of GM ! by l0ungeb0y · · Score: 5, Funny

    Well from GMs perspective, until Tesla gets a Government Bailout they will remain a fringe brand.

  2. Re:Bob's smokin' crack by HornWumpus · · Score: 4, Funny

    The Volt outsells Teslas. Sorry to burst your bubble.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  3. Re:How does the quote go...? by sinij · · Score: 3, Funny

    Pedantic correction - Donald Trump might actually offer good advice on how to be born rich, as he has first-hand experiences.

  4. Re:How does the quote go...? by Opportunist · · Score: 3, Funny

    He's a car guy?

    Then what the heck was he doing at GM?

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  5. Re:How does the quote go...? by Immerman · · Score: 4, Funny

    Let me guess, you're one of those temporal linearists aren't you? I hate to break it to you, but your ridiculous beliefs have been out of fashion since the 5700's.

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    --- Most topics have many sides worth arguing, allow me to take one opposite you.