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GM CEO: Cadillac To Take On Tesla, One Day–With Plug-In Hybrid Sedan, Perhaps?

It looks like the success of the Tesla Model S all-electric luxury sedan may be starting to get under GM’s skin.

CEO Dan Akerson told the Detroit News that General Motors will compete with Tesla Motors–“ultimately”–through its Cadillac luxury brand.

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But, Akerson said, he remained unconvinced that battery-electric vehicles were “the panacea that I think the American public wants.”

That may indicate that GM believes a plug-in hybrid version of its future large Cadillac LTS sedan will be its Tesla Model S competitor.

$30,000 electric Chevrolet?

On Monday, Douglas Parks, the company’s vice president of global product programs, told The Wall Street Journal that GM is developing a $30,000 electric car with 200 miles of range.
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