QUICK SPARK: China's EV Price War Can't Last Forever– 'Unsustainable' GM CEO Says
GM CEO Mary Barra called China's EV price war "unsustainable," arguing the market needs consolidation - why Tesla investors should care..
China's electric car makers are cutting prices so much that the GM leader says it can't keep going forever—companies will have to stop or combine to survive. When you look at car company stocks, watch if prices in China start going back up or if companies merge, which could mean healthier businesses ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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