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JUL 19, 2013 - Business Insider

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It's Official: General Motors Sees Tesla As A Threat

"History is littered with big companies that ignored innovation that was coming their way because you didn’t know where you could be disrupted." General Motors will be hoping those words, from vice chairman Steve Girksy as the automaker begins to study electric upstart Tesla Motors [NSDQ:TSLA], don't become too prophetic. They're a clear indication that major automakers are starting to worry about the startup electric automaker, as GM CEO Dan Akerson looks into how Tesla may affect the 104-year old GM's business. According to Bloomberg, studying Tesla is just one way that Akerson is ... Read More

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