Mary Barra On Taking on Tesla as the Leading Seller of Electric Vehicles | DealBook Online Summit

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New York Times Events

New York Times Events

Күн бұрын

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@DrewS777
@DrewS777 2 жыл бұрын
GM has no chance of overtaking Tesla. This “strategy” should have begun 5 years ago. It’s too late.
@markplott4820
@markplott4820 2 жыл бұрын
Mary Bara is COMPLICIT.
@fenderstratguy
@fenderstratguy 2 жыл бұрын
@@markplott4820 Yet she’s probably pushing GM to transition to EVs harder than anyone else in GM wants her to. I think she just faces a very change-resistant culture there. It’s gotta be frustrating trying to drive that old mule.
@fenderstratguy
@fenderstratguy 2 жыл бұрын
Should have been 35 years ago when GM lead the world with the best EV ever. The EV-1s were crushed.
@markplott4820
@markplott4820 2 жыл бұрын
@@fenderstratguy - gm is a Dead Horse.
@justinchan9657
@justinchan9657 2 жыл бұрын
Remember GM EV1 ?
@danchatka8613
@danchatka8613 2 жыл бұрын
GM is correctly valued. With Barra and the UAW making decisions, GM is headed for their 2nd and final bankruptcy.
@markplott4820
@markplott4820 2 жыл бұрын
DEFUND the UAW.
@komil5446
@komil5446 2 жыл бұрын
😂
@PassportGaming
@PassportGaming 2 жыл бұрын
No they're way overvalued. I'd short it if I knew how
@doobeone
@doobeone 2 жыл бұрын
haha
@pangda4282
@pangda4282 2 жыл бұрын
@@PassportGaming Get a margin account (talk to your broker) and you can short this stock.
@gobynarthful
@gobynarthful 2 жыл бұрын
This is the perfect example of whats wrong with legacy corporate america, it doesnt incentivize courage or integrity.
@colinmccavitt1
@colinmccavitt1 2 жыл бұрын
The all new Chevy Boomer
@eddiejohanson9064
@eddiejohanson9064 2 жыл бұрын
This interview is just so sad. Why not acknowledge Elon and the Tesla team for what they have done? It insane. America really is corrupt. But Elon tries with a good heart. This soon bankrupt lady is just so sad to watch. (Biden will pay ofc)
@josefjensen4391
@josefjensen4391 2 жыл бұрын
@@eddiejohanson9064 Agreed for anyone following EV and Autonomy the questions are beyond soft and bordering on dishonest.
@TitoBobbyPh
@TitoBobbyPh 2 жыл бұрын
True... Legacy don't always involve smart people
@davidc2838
@davidc2838 2 жыл бұрын
@@eddiejohanson9064 Ford CEO sounds like Diess from VW now. He wants to be #2 in EVs in the US and says stuff about Elon and Tesla being top notch frequently. Maybe Ford actually has a chance! Cheers
@dewittbo
@dewittbo 2 жыл бұрын
It’s amazing how Barra avoids any acknowledgement of Tesla leadership in any segment of the EV revolution and instead insists that GM is the leader in everything. It was funny, though, how the interviewer kept pressuring her on this issue as though he was trying to cut through the BS and get her to address the questions in a meaningful way instead of marketing-speak.
@markplott4820
@markplott4820 2 жыл бұрын
She sounds like Trevor Meltdown , " we make everything "..........lol.
@GG-si7fw
@GG-si7fw 2 жыл бұрын
Reminds any historian of the times Hitler kept telling the German people that they were winning the war in 1944 and 1945.
@earlpottinger671
@earlpottinger671 2 жыл бұрын
@@GG-si7fw Don't forget Baghdad Al who was fun to listen as you could hear the fighting in the background.
@MikeHinshawNomadicTexan
@MikeHinshawNomadicTexan 2 жыл бұрын
She is as much in denial as Bidet. Notice how the White House never says Tesla?
@adampieper6943
@adampieper6943 2 жыл бұрын
It is amazing isn’t it. I’m super impressed with how she’s convinced herself beyond reasonable doubt. It’s astonishing.
@einsteinsapples2909
@einsteinsapples2909 2 жыл бұрын
This is so good. It's almost like a prank show. He mentions Tesla in basically every question.
@danomitepoop
@danomitepoop 2 жыл бұрын
She is amazing! (At pretending Tesla doesn't exist)
@sysconic
@sysconic 2 жыл бұрын
LOL. I know right? Tesla is so far ahead that it's impossible not to talk about daddy
@gunterra1
@gunterra1 2 жыл бұрын
@@danomitepoop Have some mercy, guys. the poor girl is desperately trying to defend her company and her job. The union bosses are watching.
@macioluko9484
@macioluko9484 2 жыл бұрын
Yeah! Unlike Joe Biden, Mr Sorkin is up to date on reality… So this must have been a cold shower for Barra.
@domhoskins2251
@domhoskins2251 2 жыл бұрын
Well it that’s what you think! You better not check out this video kzbin.info/www/bejne/rnTFgKCoaMyXpdE
@jrodelite1515
@jrodelite1515 2 жыл бұрын
"you have to look and see who has actual vehicles on the road" Yes Mary, yes you do
@hamzamahmood9565
@hamzamahmood9565 2 жыл бұрын
Mary whenever a Tesla drives by: I'm gonna pretend I didn't see that
@jmnrng2937
@jmnrng2937 2 жыл бұрын
@Jaquan KelsorNot EVs
@BasementTracks
@BasementTracks 2 жыл бұрын
@Jaquan Kelsor Swooooooosh! The sound of the point flying 5 miles over your head.
@user-ix5wr5vf1v
@user-ix5wr5vf1v 2 жыл бұрын
Good luck to the "middle class" citizen in buying a 100k electric Hummer
@manchuriancandidatethe3rd101
@manchuriancandidatethe3rd101 2 жыл бұрын
or catch on fire buying the Bolt
@ricsoares8169
@ricsoares8169 2 жыл бұрын
Shots fired 😂😂
@JS-bk4pn
@JS-bk4pn 2 жыл бұрын
Lmfao thank you!
@JS-bk4pn
@JS-bk4pn 2 жыл бұрын
@@manchuriancandidatethe3rd101 🔥😂
@Mrbfgray
@Mrbfgray 2 жыл бұрын
Doesn't matter they won't be able to produce many anyway and Mary is obviously planning to bury GM....she probably has a fortune on TSLA. lol
@wincification
@wincification 2 жыл бұрын
Mary is completely delusional. I wouldn't invest a penny into a company under such a CEO. But kudos to Andrew, he was brilliant.
@KennethZerba
@KennethZerba 2 жыл бұрын
I might short the company. Naaa, I rather invest in a great company. I'll buy more TSLA...
@colinmerrilees
@colinmerrilees 2 жыл бұрын
Interviewer: "you have about 9-10% of the (EV) market. Tesla has 63% of the market". GM: "yes we are the leader today...and we are not going to cede our leadership position to anyone!" WTF??!? I think I can actually see the sand in her hair. I love it when he says, "okay I'll let you believe you are in the lead...if you like (smirks)"
@MusicalMemeology
@MusicalMemeology 2 жыл бұрын
6:38. That was a bizarre moment. She literally thinks saying something that isn’t true becomes true if she says it. Really hard to understand this mentality.
@elck3
@elck3 2 жыл бұрын
@@MusicalMemeology because it's a tactic -- keep it all neutral, wishy-washy, don't rock the boat, etc. all because she wants to keep her job
@pangda4282
@pangda4282 2 жыл бұрын
You have to realize the size of this so called total EV market in US is tiny right? It's all about the supply my friend.
@MrJessie51
@MrJessie51 2 жыл бұрын
He should have called her out for that
@inquirer1016
@inquirer1016 2 жыл бұрын
That's the democrat's mentality. Tell a lie, keep repeating it and it will become the truth.....in an idiot's world. GM is headed to another bankruptcy with this head moron and the crooked UAW steering it.
@TheLastMoccasin
@TheLastMoccasin 2 жыл бұрын
Andrew Ross Sorkin - Amazing job on this interview! You know your stuff! That was brutal for Mary!
@GG-si7fw
@GG-si7fw 2 жыл бұрын
Honestly, I think he was very soft with follow up questions on many of her claims.
@peter.g6
@peter.g6 2 жыл бұрын
@@GG-si7fw She pretty much didn't answer a single question, I think she made it clear no follow up question is necessary. :)
@Mrbfgray
@Mrbfgray 2 жыл бұрын
It should be difficult for her but she's had a lot of practice lying thru her teeth for yrs now. Mary will bury GM and she doesn't care as long as she cashes out at decent price.
@MikeHinshawNomadicTexan
@MikeHinshawNomadicTexan 2 жыл бұрын
@@Mrbfgray exactly. It's all about cashing her paycheck as long as she can! 🤬🇺🇲🤬🇺🇲🤬
@clydedsouzaauthor
@clydedsouzaauthor 2 жыл бұрын
Andrew needs to go solo
@fredmayn613
@fredmayn613 2 жыл бұрын
She talks about over the air updates like its new. Tesla has been doing it for years! Why does she refuse to say Tesla?
@mullholand
@mullholand 2 жыл бұрын
And she is acting like they invented it - Tesla has been doing this for 10 years.
@onestepclosertoheaven7347
@onestepclosertoheaven7347 2 жыл бұрын
Next week she will say we just added falcon wings to our chevy equinox claiming a revolutionary door system only invented by chevy.
@joseangelhr
@joseangelhr 2 жыл бұрын
...for a decade!
@NunoLosch
@NunoLosch 2 жыл бұрын
she actually didn't say "OTA". They can't do it. No vertical integration, too many third-party components. What she means is you taking your vehicle to a dealership to get it updated
@patchin1
@patchin1 2 жыл бұрын
She completely wiped out my remaining 1% hope that GM might survive. It is incredible how she ends up at the helm of GM. With a CEO like her, GM is more than DEAD!
@ArendJanV
@ArendJanV 2 жыл бұрын
Well, someone has to turn the lights off.
@MrCPPG
@MrCPPG 2 жыл бұрын
GM always has the government to bail them out.
@davidc2838
@davidc2838 2 жыл бұрын
@@MrCPPG Might not work as well this time...people know that the Gov (aka the people) lost billions the last time they bailed out GM. Won't go as easy this time.
@Mrbfgray
@Mrbfgray 2 жыл бұрын
GOOD RIDDANCE, this is what healthy creative destruction looks like and it goes WAY beyond just innovation, efficiency and execution, it's also about vastly different cultures, an obsolete vs cutting edge fundamental incentive and management structure, and so on.
@MikeHinshawNomadicTexan
@MikeHinshawNomadicTexan 2 жыл бұрын
@@MrCPPG they still owe over $25 Billion from the last bailout. The federal government better not give them another penny! 🤬🤬🤬
@jkgarza9410
@jkgarza9410 2 жыл бұрын
Any mention of her decision to partner with Nikola?
@DarkWing494
@DarkWing494 2 жыл бұрын
Or lordstown motor, no wonder why they are the leader in EV 🤣
@stigbengtsson7026
@stigbengtsson7026 2 жыл бұрын
Nikolai dowhill truck 🤣
@Geckogold
@Geckogold 2 жыл бұрын
They pulled out from that deal last I heard.
@Bigjoe99
@Bigjoe99 2 жыл бұрын
Walking dead. She is talking management instead of Tech and manufacturing. Its all Tech and manufacturing baby..
@brandongalbraith
@brandongalbraith 2 жыл бұрын
You can't convince her of the future when her salary depends on her ignoring reality. Talking her way into retirement. GM was dead the moment Tesla started up in China and broke ground in Berlin and Austin.
@Speedytrip
@Speedytrip 2 жыл бұрын
"When we started the Hummer we over-loaded the Internet" So GM single handedly broke the Internet....she's now one of my favorite comedians.
@eddiejohanson9064
@eddiejohanson9064 2 жыл бұрын
Haha yes truly insane! WTF was this?
@ngocbui3761
@ngocbui3761 2 жыл бұрын
"GM has a brand that people trust." Meanwhile the Chevy Bolt catches on fire. 🚘🔥
@jamesparson
@jamesparson 2 жыл бұрын
As a former Saturn and Saab owner...
@macioluko9484
@macioluko9484 2 жыл бұрын
People can trust to stay real warm in a Bolt…
@lighthousesaunders7242
@lighthousesaunders7242 2 жыл бұрын
Well done Andrew, informed and intelligent questions. Pity about the mealy mouthed answers.
@whatthehell2024
@whatthehell2024 2 жыл бұрын
VW and Ford CEOs have acknowledge that Tesla is the leader in the EV segment. I guess you need to say what you need to say for that nice fat retirement package. Delusion at it's finest.
@anotterspov
@anotterspov 2 жыл бұрын
I don't think it's delusion. Simply a lie. She knows she's lying. This interview simply demonstrate that she is a lying corrupt leader/politician. Next she'll be running for Congress and denying the efficacy of masks and vaccines.
@aladins1990
@aladins1990 2 жыл бұрын
@@anotterspov 1st stage is denial, other car companies are past that. When people ask me what I think of my model 3....IMO best car to buy at present. Most EVs are ungly that are not made by Tesla, I wonder why they done that. Political donations is just pure corruption there is no other way to describe it. I own Opel/GM vinatge car, from 70s quality was there and now I don't think so as most of cars are made cheap now days.
@hardcoredoom5892
@hardcoredoom5892 2 жыл бұрын
She’s not deluded. The investors are.
@3deaster
@3deaster 2 жыл бұрын
It’s over 23 minutes of bullishit
@anotterspov
@anotterspov 2 жыл бұрын
At time it seems like Mary is about to choke on her own BS. Kudos to the commentators- > enlightening and gratifying to see her BS being called out. If there is anyone I feel sorry for it's the workers at GM. With this kind of leadership they'll be in the streets by 2025. How amazingly disingenuous. What this interview tells me is that GM is toast and she knows it.
@ricsoares8169
@ricsoares8169 2 жыл бұрын
If they can drop their union mafia boss they can come to work for Tesla, make more money and be more proud of an honest days work.
@dougholmes6631
@dougholmes6631 Жыл бұрын
You are correct sir!
@reibekuchen12
@reibekuchen12 2 жыл бұрын
Thanks for asking these questions about Tesla. Interesting seeing her reactions to this. Don’t stop asking these uncomfortable questions.
@aarchiewaldron
@aarchiewaldron 2 жыл бұрын
Tesla is leading the car industry in increasing manufacturing efficiencies as well as R&D in FSD and energy storage/distribution. And this lead is only accelerating. With its vertical integration, Tesla has cut development and implementation times to a matter of weeks and months as opposed to years. Good luck Detroit.
@Fireinvestr
@Fireinvestr 2 жыл бұрын
1000% agree, well said
@jamesparson
@jamesparson 2 жыл бұрын
You forgot to add in - Safety - Fast charging - Changing car insurance is sold - Establishing a manufacturing presence in Europe - And "Not flamethrowers"* * sorry, wrong company.
@spleenful
@spleenful 2 жыл бұрын
FSD not guaranteed. No result yet
@davidc2838
@davidc2838 2 жыл бұрын
@@spleenful He said R&D in FSD... They're in way more vehicles and pulling in WAY more data than any other automaker in autonomous. There's a reason that Tesla has the Fifth most powerful Supercomputer in the world...it's needed to help the fleet become autonomous. The other automakers are playing at this...
@NathanielRises606
@NathanielRises606 2 жыл бұрын
She’s talking about over the air updates and autonomous driving like GM just thought it up in the last 18 months. Hilarious.
@MusicalMemeology
@MusicalMemeology 2 жыл бұрын
Tesla employees are making more than GM employees with better working conditions plus share options and future job prospects are so much better. GM us headed for bankruptcy and they aren’t taking this seriously enough. Just look at Boeing and GE for what has happened to them.
@gavenperron6811
@gavenperron6811 2 жыл бұрын
This is very true i would know since i work at tesla
@onestepclosertoheaven7347
@onestepclosertoheaven7347 2 жыл бұрын
I work at Tesla, I lost my previous job last year during the pandemic. I am making $10 less working at tesla. After a year I finally recieved an 8 percent raise plus a huge stock bonus. plus made over $40,000 this year in stock bonuses when I got hired. Even though I am making less money I am 10 times happier working at tesla than the union shop I was previously working at. Not only that I have more freedom at tesla. I can email whoever I like, ask questions to elon, and even participate in innovative ideas. No other company lets me do that!.
@Mrbfgray
@Mrbfgray 2 жыл бұрын
Do they even care beyond cashing out before the inevitable disaster?
@jasonchen6475
@jasonchen6475 2 жыл бұрын
This is when you know Tesla is in the lead. An interview dedicated to GM, most questions involve Tesla.... She's more politician than anything else, just saying things that sounds nice without much thought.
@joekim4345
@joekim4345 2 жыл бұрын
Can any CEO lie more, "GM is a leader in EVs" "GM has the best customer loyalty" HAHAHAHAHAHAHA....what a joke.
@peter.g6
@peter.g6 2 жыл бұрын
At this point, if you're buying a GM product, you deserve a medal for loyalty. :D
@eddiejohanson9064
@eddiejohanson9064 2 жыл бұрын
Hahahah yes , WTF ?!?!
@sidlierle2710
@sidlierle2710 2 жыл бұрын
My GM Bolt is still recalled and in my driveway with a cover on it. It is a 2020 with less than 4k miles. GM has done nothing to fix it or the 2017 model I had. Where is the EV future for GM if they can't even fix the Bolts?
@damiirr9164
@damiirr9164 2 жыл бұрын
Buy a tesla our something els then Gm.... you be happy,
@thinerj1
@thinerj1 2 жыл бұрын
whjy did you not get a Tesla in the first place?
@roddlez
@roddlez 2 жыл бұрын
I feel for you. Back in 2018, I was shopping between the Bolt and the Model 3. I was super close to ending up in the same boat as you; had the options for my Bolt all picked out and had taken a test drive, but then my brother-in-law steered me toward the Model 3. It was like 5-7 grand more expensive (depending on options), but ... ...it turned out to be a huge improvement in value (pay more, but you get so much more in terms of fun, range, space, features, and satisfaction with Tesla). Best vehicle I've EVER owned...until we got a Model Y this past year.
@RobertLBarnard
@RobertLBarnard 2 жыл бұрын
@@thinerj1 maybe he didn't want to wait a year. Regardless, he's having to wait a year anyway, given the bolt is sitting dead hor sho know how long.
@illlDCllli
@illlDCllli 2 жыл бұрын
@@RobertLBarnard That's now. If you bought one 6 months ago or last year, could be just a few weeks, few months at most.
@Personification1
@Personification1 2 жыл бұрын
GM is much more likely to be bankrupt by 2025 than catch up to Tesla...Oxymoron is GM Leadership.
@tenzinpassang4812
@tenzinpassang4812 2 жыл бұрын
She's either lying or is delusional but, one thing for certain, there's no way she actually believes in what she's saying. I got second-hand shame from her claiming to be leaders in the industry lol
@MusicalMemeology
@MusicalMemeology 2 жыл бұрын
That was a really strange moment. They’re cars have all been recalled lol. They can’t even make an electric car reliably in small volumes.
@jerroldkoenig1236
@jerroldkoenig1236 2 жыл бұрын
Agree. She knows what she is doing. She will take this act to the end and take her millions in salary and run and hide. Screw her employees and shareholders.
@MrVeryfrost
@MrVeryfrost 2 жыл бұрын
Tail wiggling is the attempt to survive. They would lie through their teeth to get some non-tech customers to believe GM is a leader and an innovator.
@Mrbfgray
@Mrbfgray 2 жыл бұрын
@@jerroldkoenig1236 Union employees have a "screw the company" attitude too, NO pity for most of them, they can get a real job elsewhere if they aren't totally ruined by toxic union culture and the messed up management that goes with it.
@hardcoredoom5892
@hardcoredoom5892 2 жыл бұрын
So she’s lying. Delusional people believe their delusions.
@robinskalathil1729
@robinskalathil1729 2 жыл бұрын
Give some respect to Tesla and Elon. He reinvented this market segment
@adampieper6943
@adampieper6943 2 жыл бұрын
I was going to like your comment but it’s on 69 so I have to leave it.
@ArendJanV
@ArendJanV 2 жыл бұрын
At least Ford and VW are honest about who’s leading. Imo Mary is delusional. To succeed, she has to see the world as it is. I feel sorry for the workers, they will suffer because of this incompetency.
@macioluko9484
@macioluko9484 2 жыл бұрын
Exactly. At the end of the day the result of all this delusion is a bunch of unemployed Americans… Meanwhile Tesla is hiring today!
@Personification1
@Personification1 2 жыл бұрын
GM is the Nokia of cars...RIP
@donkanis6141
@donkanis6141 2 жыл бұрын
At least Nokia’s worked.
@HCN42
@HCN42 2 жыл бұрын
that is unfair to nokia. i currently watch this video on a new nokia.
@gsyn7570
@gsyn7570 2 жыл бұрын
With $160b debt, GM is undervalued?
@cybertrk
@cybertrk 2 жыл бұрын
Best comedy stand up I’ve seen since Dave Chappell
@TheMadmax0609
@TheMadmax0609 2 жыл бұрын
Based on all the comments, it appears as though Mary Barra's BS didn't work.
@chrisloos_
@chrisloos_ 2 жыл бұрын
Not gonna work for her. I think you could walk down the street in any major city and say “what’s the first EV that comes to mind” and 9/10 would say Tesla. Legacy automakers will never catch up to Tesla just like no company will catch Nvidia, Amazon, and other tech market leaders.
@gordoncrespo2045
@gordoncrespo2045 2 жыл бұрын
This woman will bankrupt GM as she’s blind to the fact Tesla is so far ahead of the legacy firms. She’s an ostrich and seems to think she can spout stupid marketing sound bites that will change the reality.
@davidc2838
@davidc2838 2 жыл бұрын
She realizes she doesn't have to be faster than Tesla (the Lion)...just faster than the "other antelope" (Ford) and she'll get GM bailed out during the next meltdown. ;-)
@roddlez
@roddlez 2 жыл бұрын
NYT editors' office: "Elon Musk won't do an interview with us, so let's invite the CEO of GM to talk about how well Tesla is doing!"
@manuelleyerly
@manuelleyerly 2 жыл бұрын
Elon Musk appears in thé générique ! 😉
@ricsoares8169
@ricsoares8169 2 жыл бұрын
Oh man, you're killing it😂
@NathanielRises606
@NathanielRises606 2 жыл бұрын
When GM go bankrupt in around 8 years people will point to this interview as when the company completely lost its mind.
@petrjasinski8659
@petrjasinski8659 2 жыл бұрын
I think it is going to happen much sooner.
@onestepclosertoheaven7347
@onestepclosertoheaven7347 2 жыл бұрын
As a tesla employee I find it hard to believe people like her can't acknowledge how good their competitors are. We strive every day to make our cars just as reliable as toyota. Tesla is hugely founded on the way toyota makes their vehicles. Of course we have problems such as battery range, panel gaps, and a self driving system that has faults. But we Tesla employees will admit to that and are striving everyday to fix those faults asap. It's scary seeing companies like gm not understand how far behind they are compared to tesla.
@paulmcgreevy3011
@paulmcgreevy3011 2 жыл бұрын
Tesla has battery range problems?? Tesla has the best range.
@onestepclosertoheaven7347
@onestepclosertoheaven7347 2 жыл бұрын
@@paulmcgreevy3011 people and media believe 400 miles in not enough
@nataliejewell9419
@nataliejewell9419 2 жыл бұрын
Are you happy working for Tesla?
@onestepclosertoheaven7347
@onestepclosertoheaven7347 2 жыл бұрын
@@nataliejewell9419 yeah I am the happiest I have been at other companies. The pay sucks but the culture and the education is amazing.
@MatteoComensoli
@MatteoComensoli 2 жыл бұрын
@@onestepclosertoheaven7347 really they dont pay enough? is because of the hig labour demand or because of you think that your posision could be more paid?
@tonyn9522
@tonyn9522 2 жыл бұрын
Overtakes Tesla in 5 years LMAO….She’s Fantasizing!!!
@DuckHunterGaming
@DuckHunterGaming 2 жыл бұрын
The best part is GMs goal for 2025 is less than Teslas production this year
@hardcoredoom5892
@hardcoredoom5892 2 жыл бұрын
Out of her mind.
@kerogre256
@kerogre256 2 жыл бұрын
The problem with legacy auto is that they have billions of assets in factories mostly useless for EV production.
2 жыл бұрын
Most of it is still not paid-off when you look at their balance sheet 😅
@Tropicalfarming
@Tropicalfarming 2 жыл бұрын
Another point why legacy auto is dead man walking, 2025 the market will shift 100%
@MatteoComensoli
@MatteoComensoli 2 жыл бұрын
@@Tropicalfarming maybe its too optimistic , maybe 100% in 2030 , if you include hibrids and also maybe we can get to 50% by 2025/2026(by that period i think 40% all ev and 10% hybrids , more or less) , also , 2021 the market share for bev + hybrids was 8% , this year is expected to be around 12/15% at best , but 100% in 3 years... we dont have the battery ! the demand is coming , thats true...
@Beast-xd3bz
@Beast-xd3bz 2 жыл бұрын
This was the first honest CNBC interview - unfortunately weasel remains a weasel or in human terms, a Professional Liar remains a Professional Liar. Time for Mary to go.
@fenderstratguy
@fenderstratguy 2 жыл бұрын
4:23 Mr Sorkin asked some tough questions and she just lied and lied. 6:40 “I’ll let you claim that you’re in the lead….if you like!” That was an interview home run.
@jamesdorrell712
@jamesdorrell712 2 жыл бұрын
Yeah, I just gained a huge amount of respect for Sorkin.
@peter.g6
@peter.g6 2 жыл бұрын
Andrew has some serious... integrity to ask those questions. She has some serious spine flexibility that allows her to elude every single one of them.
@milonsylva8833
@milonsylva8833 2 жыл бұрын
She's a politician in a CEO POSITION
@thedopplereffect00
@thedopplereffect00 2 жыл бұрын
Her entire job is to lobby the government for money. No real customers.
@loughful
@loughful 2 жыл бұрын
You can’t talk about EV without mentioning Tesla.
@davidc2838
@davidc2838 2 жыл бұрын
SURE you can...just watch Biden have a whole event for EVs and never, ever mention "The T Word". Best money the UAW ever spent.
@joekim4345
@joekim4345 2 жыл бұрын
interviewer says "TESLA" more than "GM" throughout the interview. Mary Barra avoid saying "TESLA" ....the entire interview. She's perfect for President of the USA. Avoids answering the questions, FLAT out lies, lies some more, smiles and lies some more.
@KennethZerba
@KennethZerba 2 жыл бұрын
Sad, but true...
@danzwku
@danzwku 2 жыл бұрын
"why do you build some of your most profitable products in Mexico, and then out the other side of your mouth say you're concerned about the American middle class??? What a load of B.S." @mtbarra @GM
@jerroldkoenig1236
@jerroldkoenig1236 2 жыл бұрын
Omg She is lying about everything. Poor GM stockholders are going down with the ship. How about the thousands of workers out of their low paying jobs. It’s all insane.
@thdjjfsfh
@thdjjfsfh 2 жыл бұрын
What the? Did an interviewer (Andrew) actually ask GM's CEO Mary Barra hard questions? Everybody pinch yourself. Wow!
@pbfishing5153
@pbfishing5153 2 жыл бұрын
“We’re not going to cede our leadership position to anyone” LMAO YOU LITERALLY ARE NOT IN THE LEAD
@macioluko9484
@macioluko9484 2 жыл бұрын
At this point it would be like the Arizona Coyotes saying: We lead the way and we are not going to relinquish our position in the standings to anyone…
@williamwatring2131
@williamwatring2131 2 жыл бұрын
Who killed the electric car? Mary Barra did that’s who.
@richhaadsma2945
@richhaadsma2945 2 жыл бұрын
Hats off to NYT for this interview. Andrew did a great job. So much truth about GM and their real position in the EV space was (again) revealed. So hard to hide the truth as Mary has once again tried to do. Let's continue to let consumers vote with their wallets.
@vandyhamidi2509
@vandyhamidi2509 2 жыл бұрын
EV leader? Lol! How she can keep a straight face saying that is Incredible! WOW
@Speedytrip
@Speedytrip 2 жыл бұрын
She doesn't, you can see her smirking from time to time while answering, she can't contain all the BS lol
@tejano2828
@tejano2828 2 жыл бұрын
GM you are day dreaming if you can catch up to Tesla by the time you even get close to where Tesla is at they will be light years ahead of you...HAVE SOME PRIDE your workers aren't stupid they know what's going on...this is just down right EMBARASING!
@markplott4820
@markplott4820 2 жыл бұрын
ha ha ha ha ha, gm focusing on 10 % margins..........TESLA is focusing on 35% ++ margins ........lol.
@isaac139
@isaac139 2 жыл бұрын
GM's "incredibly well positioned" for bankruptcy.
@oxide9717
@oxide9717 2 жыл бұрын
😂😂😂😂this comment made my day
@Taaif_Mehadi
@Taaif_Mehadi 2 жыл бұрын
This is what happens when you have a politician running your company, alot of hot air and no substance. GM is doomed.
@exoticspd
@exoticspd 2 жыл бұрын
Talk is cheap , execution is hard
@10OZDuster
@10OZDuster 2 жыл бұрын
exactly she said nothing.
@manuelleyerly
@manuelleyerly 2 жыл бұрын
Her talking IS like @tesla don't already exist and had already done what she says GM will do ! Thé journaliste IS right to remind her constantly that Tesla exist ! 😅 This interview should bé an example studying by journalism students !
@clenndesigns7338
@clenndesigns7338 2 жыл бұрын
Someone did a good job in this interview and the other is mary bara
@MrDouglascalhoun
@MrDouglascalhoun 2 жыл бұрын
underrated comment, right here 😅
@KOTNEmpire
@KOTNEmpire 2 жыл бұрын
Wow the delusions run deep with this one. Everything she claims to be the leader in and will be implementing has already been done by guess who TESLA. GM will be working with 10 year old technology if not older. I have always been a GM fan and have owned many of which my Favorites are the Grand Prix & Grand National but have lost all faith in them now. I hope they can turn it around and succeed but it isn't looking good. Seriously!!!
@stephendavis6261
@stephendavis6261 2 жыл бұрын
How can she claim GM is in the lead in the US for EVs? As of Oct 21, 2021 year sales for PEVs, GM is 3rd with 24, 803 Bolts (battery fires and all) - Tesla Model 3 is 2nd with 94,900 units sold, Tesla Model Y is 1st with 132,00 units sold. He doesn't call her out on this??
@pangda4282
@pangda4282 2 жыл бұрын
She basically said that GM is the leading automaker in US. Also GM is leading the autonomous driving technology through its subsidiary Cruise. GM is arguably in the lead of the battery technology that just started getting rolled out with Hummer EV. GM plans to start mass production of EV in 2023 with EVs around 30K range (the next generation bolt will be around 25k with new battery technology). Currently EV demand is far greater than supply and the market share basically will be decided on who can supply at high volume with reasonable prices.
@davidc2838
@davidc2838 2 жыл бұрын
@@pangda4282 Yes, and Tesla will be producing roughly 3 million EVs in the next few years as soon as Giga Texas ramps. By 2023. No way that GM gets remotely close. They're busy rearranging deck chairs on the SS GM-Titanic.
@TmackSD184
@TmackSD184 2 жыл бұрын
I hate to see US auto companies circling the drain. But it's their own fault for not making the electrical transition starting about 10 years ago. Now they are so far behind in tech, and more importantly, the tech of the factory that makes the vehicles.
@dzerres
@dzerres 2 жыл бұрын
Tesla is a US automaker.
@roddlez
@roddlez 2 жыл бұрын
CNBC: "Do you think you can catch Tesla?" Mary Barra: "Absolutely." Mary Barra (body language): Shaking head no See for yourself: kzbin.info/www/bejne/iqmwgaKVpNKBj68
@MrVeryfrost
@MrVeryfrost 2 жыл бұрын
Oh, that's so good, I am gonna put this brilliant moment on my FB. You should twitter it to Elon Musk, there would be so much laugh. :)
@paulmcgreevy3011
@paulmcgreevy3011 2 жыл бұрын
Mary Barra: we are already ahead and we’re staying there
@piwproductions9805
@piwproductions9805 2 жыл бұрын
The skill of lying with a straight face is amazing.
@howardjones638
@howardjones638 2 жыл бұрын
Gm probably won't last past 2026.
@pangda4282
@pangda4282 2 жыл бұрын
Actually GM's story will get a lot more interesting starting in 2026.
@pierrembadenhorstt
@pierrembadenhorstt 2 жыл бұрын
GM is done, after this interview i’ve never been more certain
@markplott4820
@markplott4820 2 жыл бұрын
Mara Bara is COMPLICIT.
@markplott4820
@markplott4820 2 жыл бұрын
ha ha ha ha gm Super Cruise & Ultra Cruise is a JOKE , its only LEVEL 2 ADAS. TESLA Autopilot FSD is Already LEVEL 3.5 ADAS, and its FSD Beta V10.4 is pretty DARN good.
@TheLastMoccasin
@TheLastMoccasin 2 жыл бұрын
Cmon. FSD is NOT anything above L2 right now (requires supervision). Please dont say things like that because people including NHTSA will take your comments as proof that "people thing its autonomous when it's not".
@chris5248
@chris5248 2 жыл бұрын
So who is the liar Mary Barra or the interviewer? The interviewer should of asked Mary Barra to explain how is it even possible for you to be the leader when you sell 7 times less Evs in America than Tesla. Not to mentioned the market share has not improved but worsend for GM lately because of limited production of the only EV it makes the Bolt (technically LG make the Bolt in South Korea not GM) which GM says it makes 0 money on by the way. Also she failed to mention the GM Chinease car is really not a GM. Its a US$4000-US$5500 car made by SAIC holds, GM is only a invester and owns 44% share while Sac holds 51% market share. All cars combined Tesla sold simular amount of cars in China but the average price was 10 times more than Sac holds also include that Tesla builds the cars themself and own 100% of manufacturing. Its as GM doesnt know anymore how to built new generation cars, probally because of a lack of R&D in the last 10 years. So there stratagy is to invest in other manufactors(like the failed Nikola investment) and get them to build the cars for them. All failed businesses have 1 thing in common "Delusion"! and this always starts at the top of management. I expect GM's market share to shrink further in the future.
@hyperrabbit1710
@hyperrabbit1710 2 жыл бұрын
I love how when talking about market cap, noone ever mentions how much debt GM and F have. ICE sales have already plummeted and its not because of a chip shortage. People are waiting for EVs. Basically, the market doesn't recognize GM and F as having any relevant software cause they have never done this level of innovation.
@pangda4282
@pangda4282 2 жыл бұрын
Ok, judging from all the comments here, everyone thinks that GM is going to bankrupt, which speaks highly of the collected wisdom of the public.
@lighthousesaunders7242
@lighthousesaunders7242 2 жыл бұрын
Collective
@RParmable
@RParmable 2 жыл бұрын
GM too little too - Late - Bye Bye
@pangda4282
@pangda4282 2 жыл бұрын
@@lighthousesaunders7242 Thank you sir!
@pangda4282
@pangda4282 2 жыл бұрын
@@RParmable They are right on time, and timing is calculated.
@roddlez
@roddlez 2 жыл бұрын
Yeah, GM and Ford's unfortunate situation here has been well-documented in books such as the Innovator's Dilemma. Essentially, their position as an entrenched and legacy producer makes it easy for a disruptor to come in and pull the rug out from under them. It's happened to thousands of companies. Barnes and Noble losing to Amazon, brick & mortar retail to Amazon, Blockbuster going under after Netflix ate its lunch, RIM (Blackberry) and Nokia who Get Rekt by Apple, Samsung, and Google. Innovator's Dilemma...Great book, recommended!
@Robbie6298
@Robbie6298 2 жыл бұрын
Looks like Mary Barra hired Trevor Milton under the table as a "marketing" coach.
@colayco
@colayco 2 жыл бұрын
They took turns getting under the table for each other.
@dougholmes6631
@dougholmes6631 Жыл бұрын
ROFLMAO!
@MrAmaury5000
@MrAmaury5000 2 жыл бұрын
such a dishonest ceo.. gm is doomed
@NelsonJ79
@NelsonJ79 2 жыл бұрын
I have always felt that GM was far behind the Japanese and European car makers. Now with Tesla they are behind US car makers. The more this woman talks, the more I see how far behind GM is from Tesla.
@IndraSinghal
@IndraSinghal 2 жыл бұрын
"Leader", "Leader", "Leader" - Mary you must know, saying it a 100 times or a 1000 times doesn't make you one! Keep underestimating your competition, it's how you lead! /s
@maitrishah2364
@maitrishah2364 2 жыл бұрын
Do you ever listen to a CEO and wonder how in the world they got promoted to that level...a job requirement should be that they live in reality.
@leandromartins2217
@leandromartins2217 2 жыл бұрын
Shout out to Andrew Ross Sorkin for mentioning the ELEPHANT (TESLA) in the room.
@Direwolf.27
@Direwolf.27 2 жыл бұрын
Sure. GM have tremendous opportunities to grow towards bankruptcy.
@davidr4523
@davidr4523 2 жыл бұрын
General Motors, Ford and all other car manufactures who have been in business before Tesla should be ashamed and embarrassed that they did not move quicker and more successfully to the EV market. What are they doing in their numerous meeting all day? At least Toyota had the Prius which is an amazing car for such a cheap price. Mary Barra did not even have the courage to say the other car manufactures are overpriced.
@thisisdanchoi
@thisisdanchoi 2 жыл бұрын
Love how she literally chokes every time she tries to spit out another blatant falsehood lol. 4:46 13:03. Also “I try to be fair” there at the end 22:34 implies she really isn’t. All EV by 2030? I predict GM will go bankrupt instead
@seantrumble3291
@seantrumble3291 2 жыл бұрын
“Our technology has been independently assessed to be the best” Translation: we paid some people to write articles
@mrmeeseeks6099
@mrmeeseeks6099 2 жыл бұрын
3:18 Elon Musk has never said that his company is over valued. He said the stock was too high which lead to a split. The media is dumb. Mary equally so.
@Rsmith420
@Rsmith420 2 жыл бұрын
Elon Musk didn't say the company is overvalued. He said the stock price was too high, then there was a split. I'm not sure why this is so hard for them to understand.
@iliedobrovolschi8097
@iliedobrovolschi8097 2 жыл бұрын
This interview is more like "what do they want to hear from me" than "what is the actual answer"
@elck3
@elck3 2 жыл бұрын
"i'm incredibly proud of my [workforce, our team, etc.]" one quick way to spin an answer so as to give a positive feel / make yourself sound strong, centered.
@danieler1981
@danieler1981 2 жыл бұрын
I was wondering the day we’ll have “Tesla story movie” which part of the movie will be the most fun. Now I know the answer.
@officialyasir
@officialyasir 2 жыл бұрын
Just another typical CEO, no honesty, BS answers. Can’t even say competitors’ name. Corporate robot!
@AaronMcFarland
@AaronMcFarland 2 жыл бұрын
As she continues to say, she is not paying attention to Tesla and thinks GM is the EV leader, eventually you will be able to entertain this from the unemployment line, if she really believes the BS she is spreading here.
@JoshuaSantos04
@JoshuaSantos04 2 жыл бұрын
So many great questions that were completely dodged like a professional politician.
@davidpearn5925
@davidpearn5925 2 жыл бұрын
Maybe Carlos Ghosn could save GM from bankruptcy by being the replacement for the CEO that took Nikola and Lordstown seriously.
@eddiespaghets7663
@eddiespaghets7663 2 жыл бұрын
Kudos to the interviewer. He was clear and concise. And didn't appear to be rude at anytime
@tubetop123
@tubetop123 2 жыл бұрын
Dead woman walking here Ford and VW already acknowledged they are behind and can't catch up this lady is just in denial I feel sorry for her company employees.
@stephaniehale946
@stephaniehale946 2 жыл бұрын
*This is why these legacy companies fail. Tesla has been in the business for over a decade and they only have a handful of models and GM wants to have 30 models. Product Management 101. Less is more. That's why it matters when you have Elon at the helm of the company who understands customers and their pain points.*
@whynotstartusingyourbrain8726
@whynotstartusingyourbrain8726 2 жыл бұрын
How did she not get fired over Nikola?
@alexmeliss
@alexmeliss 2 жыл бұрын
where do i get my time back?
@krishmav
@krishmav 2 жыл бұрын
"When we started the Hummer, we actually overloaded the internet." I cringed so hard at that.
@---jj9lf
@---jj9lf 2 жыл бұрын
they overloaded their website because it couldn't handle more than 10 requests at the same time.
@DuckHunterGaming
@DuckHunterGaming 2 жыл бұрын
GMs production goal for 2025 is less than what Tesla produced THIS YEAR. Also GM doesn't currently have an EV for sale in the US.
@JAM_2024
@JAM_2024 2 жыл бұрын
GM isn’t selling any electric vehicles right now. How exactly are they leading?
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