Just the Facts: The Auto Industry's Electric Future

Just the Facts: The Auto Industry's Electric Future

Aug.27 — The future of the auto industry is electric. Will it be the traditional car companies like Ford and General Motors that lead the way, or will they have to make room for the pure play electric vehicle makers like Tesla and Rivian? David Westin explains on “Bloomberg’s Wall Street Week.”

32 Comments

  1. Big Henry on February 28, 2022 at 5:28 pm

    Too much information out there. We all know Tesla is the future followed by china. GM and Ford, Thanks for polluting the planet. bye!



  2. SRB on February 28, 2022 at 5:29 pm

    You need to be very brave to buy an electric vehicle from GM – the company that doesn’t know how to purchase a reliable ignition switch.



  3. Sean Yun on February 28, 2022 at 5:30 pm

    CHINA HAS TOOOOOO MUCH DEBTS AGAINST ITS GDP!!!! ITS GDP GROWING SPEED CANNOT CATCH UP WITH ITS GROWING SPEED OF NATIONAL DEBTS!!!! PBOC MADE A HUGE MISTAKE OR IT HAS NO MORE ROOM TO CUT LPR AND RRR FURTHER!!! CHINESE FINANCIAL MARKET IS STARTING TO COLLAPSE NOW!!!! LOOK AT THE FACT AND THE REALITY!!!!



  4. Alex Ndichu on February 28, 2022 at 5:38 pm

    I hope these old OEMs die especially gm for killing Ev1. They had an advantage of being the first but could not resist the Big oil money, and kept on pumping carbon into our lungs for oil profits.



  5. Robert Rezo on February 28, 2022 at 5:38 pm

    ? Hydrogen?…….. it’s the sleeping giant.



  6. Christina Daly on February 28, 2022 at 5:40 pm

    Just another death stab for the Land of the Free ! you people are just insane to force this crap on all the people ! There wouldn’t be 67 million people in California by 2050 if it were natural , but you stupid sheep are accepting whatever the Corporations force on you ! Learn the hard way



  7. Sean Dwyer on February 28, 2022 at 5:41 pm

    Sonn Therapeutics
    Is the next big MEME STOCK



  8. Peter Helander on February 28, 2022 at 5:43 pm

    Bloomberg: Please hire reporters that are equipped with some knowledge!!!!!!!! That clown is clueless!



  9. MrSchweppes on February 28, 2022 at 5:43 pm

    Tesla has no competitor right now. Listen to Cathie Wood from Ark Invest.



  10. כולנו ביחד on February 28, 2022 at 5:46 pm

    Where Is Greta Thunberg?

    It seems as though the world is on the fast lane toward cleaning the car industry from polluting emissions. Everyone is rushing to create clean cars, whether battery or hydrogen powered engines, and bask in their cleanness.
    But the green alibi hides behind it a dirty truth: Zero emission does not mean zero pollution. Mining rare Earth materials required for zero-emissions engines, building charging stations, and the complex logistics surrounding the “clean” industries will take a heavy toll on Earth. In the end, the only ones who will gain from the “clean revolution” are the tycoons who are selling it to us, and the government officials who placate them for their own reasons.
    Where is Greta Thunberg these days? Like the rest of the pawns in the battle for wealth and power, the “climate knights” have sent her back to oblivion once they finished using her. It is all power games among giant corporations, but the environment and the climate are no one’s concern.
    Even if we switch to wind energy or ocean-wave energy, I don’t believe that we will gain much. We will have to pay for it elsewhere.
    For this reason, I think that the crux of the problem is not emissions, but our behavior toward nature and toward our fellow human beings. Here is where we can produce positive and lasting results. If we could communicate with one another positively, we could stop the madness of excessive development that manufactures unnecessary and harmful products.
    If we could slow down a bit, we wouldn’t need to burn so much fuel in order to defeat competitors in a race for wealth that makes no one happy. Only if we realize that our happiness depends on the quality of our relationships, and not on the padding of our bank accounts, we will be able to pause a little, think, and rebuild our civilization in a way that contributes to nature, to humanity, and to each of us.



  11. Jonathan Akingba on February 28, 2022 at 5:46 pm

    The future is hydrogen electric is just a stopgap that is still destructive and a marketing success by Elon musk



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  13. Tomas Eriksson on February 28, 2022 at 5:49 pm

    Sweden 1.80 US$/liter <=> USA 0.9 US$/liter. USA auto industry think that they will sell traditional cars for many more years. With Swedish prices is EV not a question but it will take more than 10 years before it will be cheaper to own a EV with todays US gasoline prices in US.



  14. Simple Ton on February 28, 2022 at 5:50 pm

    Looking for a short stock? Try legacy autos.



  15. SL twentyeight on February 28, 2022 at 5:51 pm

    ah Obama, your failure is complete



  16. Michael Keppler on February 28, 2022 at 5:55 pm

    Cathie Wood is correct. End of story.



  17. tribalypredisposed on February 28, 2022 at 5:57 pm

    Astonishing how stupid the professionals here are, besides Kathie Woods. GM should be valued as a company with more debt than assets which is sure to go bankrupt and has no path forward. They are many years too late on EVs, and on autonomous, they lack the core expertise they need and it is in short supply so they are very unlikely to acquire it. Their dealerships will be going bankrupt, leaving them without sales or services in large swaths of America…and two of your "analysts" look at the company and think it should be great and valued as a tech stock? That they will be leaders in EVs?



  18. Peter Wakeman on February 28, 2022 at 5:58 pm

    Tesla due to their battery technology and full self driving



  19. Ed Mac on February 28, 2022 at 5:59 pm

    I wonder If GM advertises on Bloomberg❓



  20. Alphaville86 on February 28, 2022 at 6:02 pm

    It’s hard to compete with Tesla. Their technology is dirt cheap which are not even available in other cars



  21. Paul Bunyan on February 28, 2022 at 6:03 pm

    Is the power grid up to the new challenge? 80% of our "electricity" comes from fossil fuels.



  22. Shamrock on February 28, 2022 at 6:04 pm

    It doesnt matter if they were bailed out. everything that is made inside of them is made elsewhere. Saved profits nothing more.



  23. Warren Buffet on February 28, 2022 at 6:04 pm

    The bolt is on 🔥🔥🔥🔥literally 😂😂



  24. Ezza123 on February 28, 2022 at 6:07 pm

    Get rid of noise pollution



  25. burnoutclips on February 28, 2022 at 6:07 pm

    my plans for triple turbo cummins are under attack



  26. Francisco Galarza on February 28, 2022 at 6:09 pm

    Bottom line: GM has to prove (they haven’t yet) their "vision" in the upcoming years and will be re-rated as a "disruptive" technology company. What "vision"? What "disruption"? It’s been 10 years since the Model S came out. So far GM has proven to be a "lagger" and a "disrupted". How will they prove their vision? Making deals with Nikola? What a joke



  27. Cowboy Bebop on February 28, 2022 at 6:12 pm

    How about solar panel powered but you know they don’t give a shit us



  28. Bitcoin Anarchist on February 28, 2022 at 6:15 pm

    where facts…???



  29. SandCrewUS on February 28, 2022 at 6:18 pm

    Where are we all going to plug our cars in for an hour while they charge. And no matter the urgency it takes a while to update the grid.



  30. Frederick Miles on February 28, 2022 at 6:19 pm

    Three kinds of cars today: ICE, EV, and Tesla… and just a heads up no one is close to Tesla; so stop with the nonsense and prep work for GM and Ford bailouts, its a waste of money. Just let those 2 firms fail and file for bankruptcy – maybe Apple will buy one of them and Google can buy the other – otherwise they cant compete with Tesla – they are not agile enough.



  31. salvador coling on February 28, 2022 at 6:21 pm

    By not inviting Tesla to EV Conference, Joe Biden have already made a wrong decision. All those people around him that day have not contributed to the EV economy yet. Very poor decision by the old president.



  32. Googlebanmetoomuch 2 on February 28, 2022 at 6:26 pm

    Cathie Woods looks like she eats fava beans for breakfast