When Sloan took over, GM was 3x smaller than Ford.
When Sloan retired, GM was 2.3x bigger than Ford.
When Sloan retired, GM was 2.3x bigger than Ford.
“During World War II, GM led the largest commercial-to-military war production effort in American history. In 1942, the company converted all of factories to produce $12 billion worth of airplanes, trucks, tanks, guns, and shells for the US military.”
Before the US got into the war GM supplied a 3rd of the trucks used by the Wehrmacht.
I think GM was much better positioned and it much more decisively went all out on war production Ford made cars and engines during the war GM made everything from bullets to machines guns to tanks and bombers.
Don't get me wrong, I'm massively rooting for Elon and Tesla. But it seems to be that the original success of GM was because they were in an industry building things that were 1000x better than the old way of doing things. Tesla doesn't seem to be 1000x... Maybe 10x... Until they have fully self driving cars.
So my conclusion is that the electrical car aspect of Tesla is not really the game changer... It's the AI which we have yet to prove out...