Is GM Keen To Buy Tesla Motors Inc (NASDAQ:TSLA)


Dallas, Texas 01/02/2014 (FINANCIALSTRENDS)Tesla Motors Inc (NASDAQ:TSLA) has been a preferred star of press since the firm gets set up. The firm commenced as a budding auto maker in the globe of established automobile juggernauts, and in no time has attained so much, making even knowledgeable players jealous.

But, there have always been uncertainties and conjecture about the outlook of Tesla. The rumors are high that General Motors Company is keen to get hold of the sparkling producer for long.

As per the market expert Yra Harris of Praxis, General Motors is under course to purchase Tesla this year. The newspaper released the report of Yr in which the market expert stated that the time is appropriate for GM to get hold of Tesla.

Why General Motors Company may get hold of Tesla

There is a query hanging around in the mind of shareholders, in addition to analysts that why would GM purchase Tesla Motors Inc (NASDAQ:TSLA). As per Harris, GM made its own electronic vehicle; the Colt that proved to be a disappointment amongst the clients selling around 19,000 vehicle units in 2013, a drop of 3% from 2012. In contrast, Tesla Model S is bagging international acclaims for its recital and top appearances. The acquirement could provide GM the much required leap in the e-vehicle business.

Purchasing Tesla would be a significant verdict for GM, who is eyeing to tap the e-vehicle zone. Aside from that GM is known for its acquirement plan that has, thus far, functioned in favour of the firm.

TSLA kicks off its first NYC Supercharger

Tesla Motors Inc (NASDAQ:TSLA) has lastly kicked off its first Supercharger in NYC, however it isn’t where you might anticipate. Earlier in the year 2013, it was mentioned by Edmunds that the luxury EV manufacturer possesses significant market share in the Manhattan segment of NYC, but that isn’t where the novel Supercharger station is. It’s actually situated in Queens at a travel square for JFK Airport.