The new Chairman of GM was quoted ( Bloomberg) as saying "I don't anything 
about making cars".  Given that and the 30 - 40K Volt, Yes, I would sell their 
stock short. There's also a blog on Seeking Alpha expressing skepticism over 
their all weather engineering relative to Toyota.
 
OTOH,  you might want to keep an eye on a penny stock ( 87 cents/sh) that could 
suddenly emerge as a winner:  Enova Systems (ENA).  They are losing money 
building electric vehicle drives but that might change with a few big orders.  
I do not hold their shares yet.
 
There is a real possibility of some company unrelated to auto manufacture 
entering the electric car market as a competitor.  A tiny company like Tesla 
had to show GM the way.


      

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