A General Motors Co.
executive said Thursday he sees Tesla Motors Inc. as a “completely serious competitor in every way,” but the plug-in hybrid Cadillac ELR is not GM’s answer to Tesla cars.
Mark Reuss, GM’s head of global product development, purchasing and supply chain, said he is not sure GM has a direct answer to Tesla.
“People like to say the ELR is, but it’s really not,” said Reuss, guest speaker at WWJ Newsradio 950’s annual Dream Cruise Business Breakfast. “It’s a different car, it’s a different price point. It’s way-different technology.”
The luxury ELR coupe starts at about $76,000 and has an estimated electric range of 37 miles before a 1.4-liter, four-cylinder engine takes over, offering a driver total range of more than 345 miles. Tesla’s Model S sedan, which is all-electric with a range of 208 miles for the base car, starts at about $71,000. Tesla also is adding a Model X SUV next year and has said it will offer a third, cheaper vehicle in the future.Read Article