Skip to main content

deposit reservation

See All Stories

GM executive takes swipe at the Model 3 and Tesla for all the wrong reasons

bolt model 3

While Nissan CEO Carlos Ghosn had a welcoming reaction to the unveiling of the Tesla Model 3 and the subsequent storm of reservations for the vehicle, General Motors’ Vice President of Global Propulsion Systems, Dan Nicholson, is not as gracious as his colleague.

The GM executive was critical of Tesla’s reservation process, which requires a deposit and wait time for delivery, and he went as far as to imply financial troubles at Tesla as a reason for the deposits.

Expand
Expanding
Close