Vanessa BrownGM’s Big EV Bet: Profits Take a Hit
GM just took a 35% profit nosedive, but their CEO is still all-in on electric cars—even though Americans aren’t exactly stampeding to buy them. The company’s sticking to its plan to go fully electric by 2035, even as new laws cut EV perks and gas cars stay popular. So, if you’re car shopping, don’t be surprised if you see more deals on both EVs and gas rides as GM tries to win you over. #Business #EntrepreneurshipStartup #GM
6 days ago
Jack Woodburn
Barra should be fired along with most of GM's top management for continuing to lose money on every EV they manage to sell. The consumer market is simply not buying them nor is there a remotely sufficient charging infrastructure structure to service them. It's decades away....if ever.
4d
Tucson, AZ
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5
James Ledbetter
With no infrastructure, electric cars or nothing more than a toy in California, they might work but outside of that they really just a toy to play with
4d
Pahrump, NV
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2
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