Part 4/13:
While GM flounders, Tesla is redefining what it means to be an auto manufacturer. In 2024, Tesla sold approximately 1.8 million EVs, and by mid-2025, the company held nearly $37 billion in cash, with about $23 billion of that net after accounting for debt. This financial strength starkly contrasts GM's overwhelmed position; Tesla's market cap a few years ago was roughly the size of GM's current debt.