If Elon Musk is correct about GM, what then?

Elon Musk, the outspoken CEO of Tesla, claims that General Motors may be

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facing major financial difficulties. The largest carmaker in the US and

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parent company of Buick, Cadillac, Chevrolet, and GMC may possibly be forced

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to file for bankruptcy once more, according to Musk. Musk's criticism of GM is more than a bit

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comical in light of the recent struggles of Tesla, whose stock is

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expected to lose 65 percent of its value by 2022.

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Musk isn't necessarily wrong as a result, and at least

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Tesla doesn't have any (net) debt to be concerned about.

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The EV industry is now still quite tiny, but it is expanding quickly due

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to both organic demand and government regulations that forbid the use of fossil fuels.

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As a reaction, General Motors has made a $35 billion investment and has ambitious

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plans to market 30 distinct electric vehicle models by the year 2025.

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