GM just took a massive $7.6 billion hit on its electric vehicle dreams, but Wall Street is actually cheering. Why? The company is raking in cash, buying back shares like crazy, and boosting dividends. Even after the EV write-down, GM’s stock soared and it’s now the best-performing major automaker of the year. Looks like slowing down on EVs (for now) is paying off big time for Detroit’s OG car giant. #Cars #GM #ElectricVehicles