Part 11/13:
The ultimate trajectory of the automotive industry appears clear: fully autonomous electric vehicle fleets. Tesla’s push into robo-taxis exemplifies this trend, where transportation shifts from individual ownership to on-demand services. The economics favor autonomous fleets—profoundly lower operating costs and increased scalability.
GM’s current strategy, heavily reliant on trucks and traditional vehicles, risk being left behind. Their investments in hybrids and traditional trucks are increasingly out of step with the trajectory of the industry. Meanwhile, China’s aggressive EV import and export expansion threaten U.S. automakers’ market share and manufacturing dominance.