• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Fortune 500

Steve Wozniak Bets on an Old Automaker For His Next Electric Car

By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
September 8, 2016, 12:37 AM ET
A Chevrolet Bolt EV pre-production vehicle on the assembly line March 16, 2016 at the General Motors Orion Assembly Plant in Orion Township, Mich.
A Chevrolet Bolt EV pre-production vehicle on the assembly line March 16, 2016 at the General Motors Orion Assembly Plant in Orion Township, Mich. Courtesy of General Motors/Jeffrey Sauger

Makers of electric vehicles and gas-electric hybrids have long enjoyed—and even relied on—early support and endorsements from celebrities to give their niche cars some mainstream street cred.

Larry David made the Toyota Prius cool. Leonardo DiCaprio was one of the first to own the all-electric Tesla Roadster. And late-night talk show host Stephen Colbert, along with other actors and business moguls, were early buyers of Tesla’s second vehicle, the Model S sedan.

Now Apple (AAPL) co-founder Steve Wozniak—also a Model S owner—is throwing his public support behind General Motor’s (GM) upcoming all-electric vehicle: the Chevrolet Bolt EV. And in the process, he may even ditch his Tesla.

See also: Steve Wozniak Has a Warning for Apple

Wozniak—or Woz, as he’s known—posted a photo on his verified Facebook account Wednesday, showing him standing next to a new Chevy Bolt EV with the caption “I expect to be switching cars soon!”—a not-so-subtle reference to his current electric vehicle, the Model S. It’s a notable endorsement, considering Tesla (TSLA) is developing the Model 3, a cheaper mass market vehicle that is expected to compete directly with the Chevy Bolt.

https://www.facebook.com/photo.php?fbid=10154624583021282&set=a.125548596281.138721.709846281&type=3&theater

The Chevy Bolt EV is not yet available for sale, but a GM spokesperson said the company arranged for Woz to test the vehicle earlier this week. The car is supposed to go into volume production later this year.

The arrival of Tesla’s Model 3, which won’t be available until 2017, has been highly anticipated. Earlier this year, the company opened up reservations for the planned $35,000 car, and quickly racked up close to 400,000 reservations.

See also: All the News You Need to Know From Apple’s Big Event

But the Woz isn’t so convinced. On his Facebook page, the entrepreneur went into detail as to why he’s picking the Chevy Bolt EV over the Tesla Model 3, saying GM’s new car hits the sweet spot.

First, his short take:

Then he provides some details and insight into whether he’ll get rid of his Tesla.

But what about the Chevy Volt, the plug-in gas-electric hybrid that’s already readily available? As you might expect, Segways play a role.

About the Author
By Kirsten Korosec
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

bad bunny
Arts & EntertainmentMusic
How Bad Bunny went from Super Bowl supporting act to headliner with ticket sales to rival Taylor Swift
By Jake AngeloFebruary 8, 2026
11 minutes ago
CybersecurityJeffrey Epstein
FBI found little evidence Epstein ran a sex trafficking ring for powerful men and concluded a ‘client list’ doesn’t exist
By Michael R. Sisak, David B. Caruso, Larry Neumeister and The Associated PressFebruary 8, 2026
1 hour ago
Real EstateHousing
Trump’s plan to send home prices higher will help him with baby boomer voters ahead of midterm elections but could spark a ‘generational war’
By Josh Boak and The Associated PressFebruary 8, 2026
1 hour ago
RetailEurope
Trump’s Greenland crisis triggered a surge in apps designed to help shoppers boycott U.S. goods, though few American imports are on store shelves
By James Brooks and The Associated PressFebruary 8, 2026
2 hours ago
PoliticsICE
Minnesotans say immigration agents are impersonating construction workers, delivery drivers and anti-ICE activists
By Jake Offenhartz and The Associated PressFebruary 8, 2026
2 hours ago
EconomyUkraine invasion
Russian attacks on Ukraine’s energy infrastructure are the biggest threat to its economy, which could shrink as much as 3%
By Kamila Hrabchuk and The Associated PressFebruary 8, 2026
2 hours ago

Most Popular

placeholder alt text
Success
Even with $850 billion to his name, Elon Musk admits ‘money can’t buy happiness.’ But billionaire Mark Cuban says it’s not so simple
By Preston ForeFebruary 6, 2026
2 days ago
placeholder alt text
Success
Gen Z Patriots quarterback Drake Maye still drives a 2015 pickup truck even after it broke down on the highway—despite his $37 million contract
By Sasha RogelbergFebruary 7, 2026
1 day ago
placeholder alt text
Economy
Elon Musk warns the U.S. is '1,000% going to go bankrupt' unless AI and robotics save the economy from crushing debt
By Jason MaFebruary 7, 2026
23 hours ago
placeholder alt text
AI
AI can make anyone rich: Mark Cuban says it could turn 'just one dude in a basement' into a trillionaire
By Sydney LakeFebruary 7, 2026
1 day ago
placeholder alt text
Future of Work
Anthropic cofounder says studying the humanities will be 'more important than ever' and reveals what the AI company looks for when hiring
By Jason MaFebruary 7, 2026
1 day ago
placeholder alt text
Crypto
Bitcoin whales and ETFs are bailing out of the market; UBS warns: ‘Crypto is not an asset’
By Jim EdwardsFebruary 6, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.