General Motors' Bolt EV Deliveries Hit New High
One day after electric-car maker Tesla (NASDAQ: TSLA) said production bottlenecks were suppressing the first Model 3 deliveries, General Motors (NYSE: GM) announced that deliveries of its similarly priced Bolt EV are beginning to climb to more meaningful levels. While Tesla believes its Model 3 production and deliveries will surge far higher than GM's Bolt production and deliveries in the coming quarters, GM remains the only automaker selling a reasonably priced all-electric vehicle with more than 200 miles of range in worthwhile volumes.
Bolt EV. Image source: General Motors.
"Bolt EV had its best month ever with 2,505 retail deliveries and 2,632 total deliveries," GM said on Tuesday.
Source: Fool.com
General Motors Corp Stock
€41.96
-0.020%
Currently there is a rather positive sentiment for General Motors Corp with 32 Buy predictions and 5 Sell predictions.
With a target price of 46 € there is a slightly positive potential of 9.64% for General Motors Corp compared to the current price of 41.96 €.
