chevybolt
A vision-driven product begins with a clear picture of the change you want to bring to the world. This vision must then permeate every aspect of the product’s design. Q3 2021 hedge fund letters, conferences and more Tesla’s Model 3 vs GM’s Chevy BoltFor a great case study on how a vision-driven product is fundamentally different from an iteration-led one, consider the comparison between Tesla Inc (NASDAQ:TSLA)’s Model 3 and General Motors Company (NYSE:GM)’s Chevy Bolt. Sandy Munro, a well-known automotive expert, shared a detailed comparison of the Model 3 and the Bolt after taking apart the ...
ValueWalk
General Motors Company (NYSE:GM) wants LG Chem Ltd (KRX:051910) to reimburse $1 billion in estimated losses for the costly battery defects in the Chevy Bolt. The car manufacturer had announced on Friday a third recall of the popular electric model. Q2 2021 hedge fund letters, conferences and more Costly RecallThe announcement comes just days after GM had issued a third Bolt recall accounting for 73,000 vehicles, for a total of 142,000 including the previous called-in vehicles. The whole operation represents “every single one that Chevy has sold so far,” as informed by NBC News. TechCrunch repo...
ValueWalk
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