Musk isn't likely to let GM's range victory stand unchallenged. Just as Chevy had initially described the Bolt as having a range of "a minimum of 200 miles," only to exceed that number later by almost 20 percent, the Model 3's range unveiled in March may similarly be a placeholder. "The range will be at least an EPA rating of 215 miles," Musk said at the time. "I want to emphasize that these are minimum numbers—we hope to exceed them."

Regardless, if you care about electric cars—and you should —this new milestone by GM is great news. Tesla has defined itself by making constant improvements to its range, prices, and features. GM has a long history of doing the same. This isn't the end of the race for electrification; it's the starting line. 

This article was provided by Bloomberg News.

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