The question required to justify a merger instead of partnership: Why would merging make things greater than the sum of the parts? If it doesn't, partner.
I dont see any reason why a GM-Tesla merger makes any sense. But would be happy to hear some.
I dont see any reason why a GM-Tesla merger makes any sense. But would be happy to hear some.
But this is contingent on Tesla losing its current trajectory. There would be no incentive for Tesla shareholders to do such a merger the way things look today.
GM’s core businesses is threatened by technological change. They might not be around in ten years.
Batteries and self driving cars are a big threat, of course. However, Detroit can probably catch up on those, eventually.
Factory direct sales and service (i.e., “the internet”) are the bigger long term threats, and are ones that GM is contractually forbidden to address. Also, they’ve had 20 years to adapt, and have clearly failed to do so. There’s no reason to expect that to change.
That gives Tesla a sustainable advantage. I’d certainly pay a premium for a car if it meant bypassing the local dealerships’ service counters.