Wall Street Week: Rattner Says He's Stunned at GM's Success

The transcript discusses GM's transition to electric vehicles, highlighting the challenges faced by the automaker in competing with Tesla and adapting to new technologies. It explores the role of the UAW in this transition, the impact on jobs, and the importance of consumer demand. The discussion also covers global competition, particularly from China, and the role of government incentives in promoting electrification. Supply chain concerns, such as the availability of lithium and rare earths, are addressed. Mary Barra's leadership in transforming GM's culture and securing capital for this transition is emphasized.

How does the text describe the competition GM faces from Tesla?

What is the significance of government support in the electric vehicle industry?

What concerns are raised about the supply chain for electric vehicles?