GM

Aggravating_Storm835

You are completely overlooking a lot of big factors: primarily Volkswagen, Mercedes, Hyundai, GM, Toyota, and Rivian. The first three have L4 autonomy. The last three are nearing it. Ford, Honda, and Nissan ain’t rolling over, either. And those are just the legacy giants. Not even counting other startups like May Mobility and WeRide. You miss the fact that the industry is expected to 10x in the next decade and there’s a lot of major producers that manufacture cars for a lot less than Waymo can at their current $70k-$200k per car rate. Most manufacture cars cheaper than Tesla does, too. Tesla only manufactures less than 1.5-1.8 million vehicles a year. Waymo only produces about 2k a year. 100 million vehicles are sold each year. Let’s generously assume both will produce a combined 5 million AV’s each year. 100 million vehicles are currently sold every year and it’s projected that AV’s could reduce that by 30-50%, creating an implied demand for 30-50 million AV’s annually. So even with my generous assumptions, Tesla and Waymo combined can only supply at most 13% of the projected demand. This is why Waymo and Tesla’s efforts to be a stand-alone provider are unlikely to be successful. Even if one happens to be available near you (which appears improbable), maybe you want/need a Mercedes or Rivian. Most likely, you’ll just want the car that is available when you need it and not care if it’s a Waymo or Tesla or anything. That’s where Uber comes in.

Aggravating_Storm835

Why would Ford stop at dealerships? They famously revolutionized manufacturing. Surely they could set up their own store-fronts, right? Yes, but dealerships addressed a lot of issues like local sales infrastructure, financing, trade-ins, warranty work, service centers, and parts distribution that Ford didn’t have to deal with and only costs them a portion of their economics. So it made sense for major manufacturers. You seem to think Waymo and Tesla are the only games in town. They aren’t. Volkswagen, Mercedes, and Hyundai all have L4 autonomy. Toyota, GM, and Rivian, all have L3 and are nearing L4. My guess is that auto manufacturers, which are already a low margins business, will not want to spend $4B developing their own platforms with the hope that could be marginally successful. Nor do I think people will want to own 12 different AV apps. That leaves the obvious door open for an aggregator like Uber. You seem to think it’s AV’s vs Uber like Uber isn’t the biggest player. They will literally have the most AV availability on earth next year. They won’t own any of it (yet). But that’s not necessarily a bad thing until the tech and demand is more proven. I’d hate for them to spend $40B on a fleet only to find out Mercedes has the better product. I keep comparing Uber to Netflix. Do you realize all the arguments you’re making are identical to the ones made against Netflix around 2013/2014 (before they started making their own content). Everyone like you was on here saying, “Disney/Paramount/HBO will all launch their own streaming service and then Netflix will have nothing”. How’d that turn out?

Aggravating_Storm835

You think Uber should get out of ride-hailing? Do you realize how crazy that sounds? Uber is to ride-share what Google is to search engines and Coca-Cola is to soda. Their brand name is synonymous with their industry. And their industry is expected to 10x over the next decade. I don’t think you actually understand Uber’s role or the potential for AV’s. AV’s are coming up at the same time remote work is expanding and increasing housing costs are moving more people towards urban living. Car ownerships costs (vehicle, financing, insurance, maintenance, and parking) right now average $12-$14k a year and it’s increasing 10% annually. That means at the current rate, the cost of car ownership will be around $33k a year in 2036. It’s projected that 40-50% of jobs will be remote by 2035-2040. For those people, we can reasonably expect their driving habits to be cut in half to around 6k miles a year. That means they’ll be paying over $5 per mile. Uber costs only $1.10/mile (with drivers). Mature robotaxi’s project to cost 50-80 cents per mile. So the thesis is car ownership goes the way of owning DVD’s/CD’s and Uber becomes the Netflix/Spotify of transportation. Do you think Toyota, GM, Volkswagen, Honda, Ford, and Hyundai are going to abandon/significantly reduce their auto manufacturing? Do you think they’ll all successfully launch their own networking platform? Or do you think they’ll become like film studios, who license their content to Netflix, use Uber as their new “dealership” to connect cars with riders? Just like Netflix, I expect more competition. Maybe Waymo and Tesla will be among them. But I have doubts. My guess would be Tesla is at the most risk. Amazon has the most potential since they already have a massive logistics network. But just as Prime Video didn’t sink Netflix, I don’t expect Zoox to sink Uber.

Aggravating_Storm835

You realize Volkswagen, Mercedes, and Hyundai have L4 autonomy right now, right? Uber has major partnerships with all three and are testing hundreds of their AV’s on the Uber network this year. Toyota, Rivian, and GM are developing it right now. Uber has partnerships with Toyota and Rivian (Toyota is actually a stakeholder in Uber), and still have a relationship with GM after their Cruise program ended. Most likely scenario: robotaxi networks replace a large chunk of consumer car sales in the next 10-15 years. At which point, Uber becomes like the Netflix of cars, an aggregator of taxi’s from other providers and, since they have all the demand data, are likely to purchase their own fleet from various OEM’s and deploy them based on where what type of vehicles are most popular/needed. I don’t think you (or the market) appreciates just how far ahead Uber is in this game. Having cars is nice. But 200M monthly users is where the money is. People often assume everything any Mag7 touches turns to gold, but that’s far from true. Remember Google+? Amazon Spark? Goodreads? Tesla’s battery-swap stations? Tesla’s 1 million robotaxi fleet by 2020? Amazon’s Fire Phone? Metaverse? Shit, remember the first time Amazon tried to compete with Uber when they launched “Amazon Destinations” and “Amazon Restaurant”? They lasted about 6 months.

Aggravating_Storm835

They’re currently getting them from Rivian and Lucid. Uber also has a long partnership with Toyota. I like Uber’s flexibility more than Zoox, Waymo or Tesla. General Motors expects to have hands-off/eyes-off driving on the road by 2028. Toyota, Mercedes, and Volkswagen are also developing their own with a less certain timeline. Ford and Honda have tried but appear further behind. So I can see two possible scenarios, both of which are good for Uber. Scenario 1: Uber becomes like Netflix, both an aggregator for other AV providers and a provider of their own fleet (original content), which will be purchased from Rivian, Lucid, GM, Toyota, Volkswagen or anyone they want. Scenario 2: If AV’s become the future, car sales are likely to decline 30-50% in the next 15 years. This would be ruinous for most auto makers. If this is the case, Uber probably won’t be the loser in the AV movement. I suspect it will be car dealerships. In this scenario, Uber essentially takes the place of dealerships: the person connecting the car to the customer. Toyota, GM, Volkswagen, and anyone who wants to remain in the car business builds AV’s to use as Robotaxi’s on the Uber network. Uber may even provide fleet management services and make it a seamless transition for OEM’s. Scenario 1 provides more total revenue and profit potential. Scenario 2 keeps Uber lean and has greater margin potential. I think the whole market misunderstands Uber’s position. Either they take off and Uber benefits or they don’t and Uber still benefits.

onsokuono4u

The postwar-advantage part is true and it's Econ 101, but the rest of your post skips a lot... US manufacturing output is near record highs in dollar terms. What collapsed was manufacturing employment, and automation ate way more of those jobs than China or Korea did. A modern US factory makes more stuff with a fraction of the headcount from 1970; that's productivity, not just "getting cooked." Also the electronics/auto framing cherry-picks the losing categories. Nobody's buying American TVs because the US basically ceded consumer electronics decades ago — no tariff wall, no industrial policy, nothing like what protected autos. Meanwhile the US still dominates the categories WWII destruction has nothing to do with: aerospace, semiconductor equipment (ASML/TSMC can't build fabs without Applied Materials and Lam Research), ag equipment, defense, pharma, chemicals. Those aren't relics of 1946 — they're current comparative advantage. And "no one else cares for American cars" undersells it. GM sold more cars in China than in the US for over a decade. Tesla is the best-selling car brand on earth in dollar terms in several markets. Ford/GM chose to retreat into trucks/SUVs domestically because margins are fatter there, not because nobody wanted a Focus. TL;DR: the war-recovery story explains the *shape* of the 50s–70s boom, but by the time Sony/Samsung/TCL show up it's competing with automation, deliberate corporate offshoring, and different countries specializing in different tiers of the stack, not one long slide off a WWII cliff.

NavyDean

Lol, buddy heard about China wanting to replace all the shuttered US car plants in Canada with their own plants and now he gets jealous and wants in on it. Stellantis, GM and Ford better smarten the fuck up before they get wiped out by the competition.

Expert_Context5398

It's not the app that is the issue. It's the billions in fees that self-driving companies will NOT want to pay Uber which Uber will need to become sustainable. What self-driving company that engineered a marvelous revolutionary technology will say to themselves, "But let's stop at the app and connect with Uber instead... we want to pay them billions of dollars in fees." No sane company will do that worth a lick. You comparing social media companies to a self-driving app is a bit ridiculous. Social media apps are free. Facebook can succeed alongside TikTok because while being direct competitors, to the consumer, there is no benefit to only picking one. For a consumer looking to hail a ride, the cheaper option will be directly with the self-driving company because again, no fees to Uber. Once they experience a driverless vehicle at a cheaper price, they'll ditch Uber. They no longer need it. To a consumer, there is no reason to ditch say, TikTok, to use Facebook. IDK anyone who said PayPal was going to kill Visa. Amazon was never designed to beat Walmart. It was designed to beat local stores that don't offer good prices. Walmart offers great prices. I'm not understanding your regulation argument nor do I understand your better vehicles argument. GM/Toyota/VW are vastly behind in self-driving technology so who are they licensing the technology from?

moorhound

>**Trump signals he would allow China to build cars in US** >"If China wanted to come in and open a plant to build their cars here, I'd be okay with it. Japan does it, but they hire our people," Trump told Fox News in an interview. >"What I don't want is them to build in Mexico and build it inexpensively and ship it across the border," he added. F DED, GM DED, STLA DED, TSLA DED, KIA/HYUNDAI DED Gyna absolutely dominates in the "boring suppository-shaped crossover" category, and that's the only thing that makes money in America

Aggravating_Storm835

I’m old enough to remember when people were certain Google+ was going to kill Facebook. Turns out it’s easy to launch an app. It’s very hard to build a regular user base. History is full of these examples. “Amazon is going to kill Walmart”, “PayPal is going to kill Visa”. I think you (and the market as a whole) have the Uber thesis exactly wrong. AV’s are an opportunity for Uber, not a threat. Waymo/Tesla AV’s can fall behind or fail to meet regulations in many markets. If GM/Toyota/Volkswagen (or whoever) comes out with better vehicles, Uber can purchase a fleet from them much more easily than Waymo/Tesla can build and maintain Uber’s network.

Keter_Regretter

lol Ford and GM being green today is how you know this is about hiding the impact of oil prices

deekster_caddy

From an investing standpoint, I like GM and Ford, also solar like FSLR has been doing well lately, and XOM still pays dividends... I also hold some Rivian and grabbed some more Lucid while it's really cheap, that's a gamble. I won't buy TSLA unless they get rid of the lunatic running it, but many have done well with it.

Aggravating_Storm835

You mean the cybercab that Elon promised 1 million on the road by 2020? Or the cybercab that Elon promised coast-to-coast autonomous driving by 2017? Eventually, people will realize the guy is full of shit. \#1 Uber is buying AV’s cheaper than Tesla can manufacture them. \#2 even if Tesla managed to mass produce enough to compete with Uber, they’d still have to also produce the networking platform to compete with Uber’s 200 million monthly users. This is much more difficult than building/buying cars. \#3 Uber is operational on every continent except Antarctica. The biggest burden to AV’s is government regulation. If Uber wants to launch a European fleet, they are very likely to acquire one from Volkswagen, who is already road certified. If they want a North American fleet, they can acquire one from Ford/GM/Rivian. If they want a Chinese/Japanese fleet, they can acquire one from BYD/Toyota. Tesla is very unlikely to do any of that. \#4 Tesla/Waymo hype is no more of a threat to Uber than HBO/Hulu/Paramount was to Netflix. In fact, it could benefit them. Netflix’s threat was never other streamers, it was getting people to cut the cable. Similarly, Uber’s threat is getting people to “cut the car”. If car ownership continues waning, the TAM will grow so ridiculous, that Uber could lose 2/3rds of their market share and the share price will still 10x in the next 10-15 years. The real threat to Uber is if manufacturers can find a way to sell cars people both can afford and actually want to own.

Form1040

Yeah, JK Galbraith was writing in the a few decades back that companies like GM and Sears had so much market power that it was literally IMPOSSIBLE that they would ever be dislodged from their positions. How f'n wrong can a man be?

Interesting-Effect56

Maybe in the US, Canada will eventually look more European and Asian. A lot less Ford and GM

ScheduleSame258

Thats been the case for the last 5 decades - Boeing, GE, GM, Ford, GS, MS, JPMC, BoA. These are all too big to fail

JabCrossE4E5Quark

Their financials are still garbage (and somehow not even getting better as they start to scale), have no real path to being even GM positive in the next 12 months, and have a ton of debt and shares OS. A 50% pump off a tiny Google order of 20M thats FOUR YEARS OUT is insane. I sold out a couple weeks ago and am not buying back in.

Hockeyshot39

Many CEOs have promised things and haven’t delivered, the CEO of GM, in 2021, said that they would outsell Tesla’s and electric vehicle vehicles by 2025. It happens, but the fact is they’ve delivered on many promises, Reddit seem to have been all over Tesla thing the cyber truck never be released or manufactured yet here it is

Legitimate_Row7803

I'm following Inogen, there is a potentially upside Verdict: Favorable Risk/Reward — Q2'26 (released Aug 6 after-market) was a "less bad" print: revenue $95.1M (+3.0% YoY), international +14.8%, adj EBITDA positive $2.4M (+15% YoY), GM 45.5% (+70bps), positive operating cash flow $2.9M, cash pile $106.8M against zero debt. Market reacted negatively (−3.10% to $6.25) focusing on the −$0.15 EPS miss and US channel softness, but the fundamentals moved the right direction. Valued via SoTP with prudent segment multiples (US declining core 0.35x EV/Rev + International growth engine 1.0x + net cash + Yuwell + Simeox option), base FV lands at $12.50/sh — vs price $6.25, an implied +100% upside. Cash + Yuwell alone ($134M) covers ~80% of the current market cap; the operating business is priced at nearly nothing. Info only, not financial advice. https://www.dianalitics.com/companies/INGN

omg_cats

Says you - they say differently. Regardless net rev is up 25% yoy. People here are missing the forest for the trees: this is not a new idea. The 2008 bailouts also took equity and warrants. Some were winners (AIG) and some were losers (GM).

nathanwilson26

The main problem is Rivian designed trucks that are expensive to build. They lose $3,000 per vehicle sold, Tesla makes $5,000 per vehicle sold. Even GM makes $2,000. Selling more trucks isn’t going to save rivian, since they would need to completely redesign their trucks and their manufacturing to be profitable. Cyber truck even as a sales flop is a manufacturing success since it’s a proof of concept for 48v architecture and gigcasting, both will reduce manufacturing costs.

InterestingPause9940

Nike has hit a rough patch…they’ll be back. Same people saying it’s a loser are ones who said AT&T, Boeing, tobacco companies (BTI, Altria, etc), CVS, Estee Lauder, Ford, GM, Bank of America, Harley Davidson, Intel, Kohls, QSR, Vale, Verizon, and on and on and on were losers…only to see them get their acts together and rebound nicely…some by double in less than 3 years. Nike gonna do the same thing. For that matter you might as well scoop up McDonalds right now too…and LULU. None of these are going away and they’re all on their heels at the moment. But just like all the other blue bloods they’ll get their footing and be back to prospering soon enough. Maybe it’s 1 year…maybe it’s 2, but they’re not gonna stay down…and then all the scaredy cats who were doom and gloom and kicked it while it was down will be nowhere to be found and the rest of us who keep it simple with Buy Low and Sell High will be building vacation homes named “Just Do It”!!!

Nelsonsrightknacker

Hopefully we can see a Ford, GM, Samsung , Apple etc versions and these things get going really soon because I can't wait - sick of driving with lunatics in Toronto.

waitingOnMyletter

He is, he’s great. Him and I have a good relationship l, he has a good relationship with my kids. He tells great War stories, he has no issues telling them which is the exact opposite of what Tv tells you (sometimes to my wife’s distaste but w.e. haha). He and my mom had a great lifelong marriage. My truly dad lived “the American dream”. And he earned it, two wars, three kids, worked at GE for like I don’t even know … many decades, at least 30 years or something. Then sometime at GM, and then Coca-Cola before retiring. I’m just indefinitely jealous of his bull shit trading strategy working all the time. It pisses me off lol

waitingOnMyletter

Honestly it’s been my whole life with this shit man. He has some other wicked trades but nothing like that. He has his original shares from GE framed. This was like back in the 60s - 70s when they mailed you the paper copy. He also has like paper copies of Coca-Cola, and GM. His “never sell” mentality is like the pro typical “boomer buys fuckin bonds and never sells them” meme. That’s straight up him. He bought a bunch of meta stock when the plummeted after the “meta” name change. “Seems like that’s where the world is going. Who knows could be a B&O railroad or could be the Reading railroad”. Well turns out it ran up even though they didn’t invent the metaverse. He’s not like some oracle but if you buy a bunch of shit your darts hit the board, sometimes they hit the bulls eye.

BalmyBalmer

This is why Ford and GM are building plants in Canada.

Oceanbreeze871

How is he gonna end trade? Just tell GM that they can’t export vehicles anymore.

AutisticGayBear69

GM

Spac55

Why Trillions dollars car EV companies, when they recall like, F, GM, TM

Spac55

EV is not always get free ride buzzers TSLA recalled 3 million vehicles like GM, F.

Spac55

TSLA recalled 3 million vehicles like GM, F.

TheLastGoodRiot

Impressive. Like Boeing and GM impressive. 🤔

Suspicious_Chart5817

Even simpler than that, even if someone absolutely nailed in the 1920s or 1930s that cars would upend everything about our lives and invested in all the obvious big names before they got big an investor today would be absolutely broke. Their chief win would be maybe Ford if we count it and GM; and then alongside that would be a dozen or two dozen loser companies who changed how we live and got tons of people rich but were still bad investments for most investors

TheSource777

Neutron is economically infeasible compared to starship. Starship will be launching so often they will cover all orbits neutron can. Neutron will be limited to projects propped up by the government and direct spacex competitors. The economics also affects its payload plans like flatellites. Wil it survive? Yah. But surviving the way GM survives as an inferior car company protected against superior Chinese cars.

imustbegthequestion

It's a shame the world has distilled to you're easiest either fabii frankish, gaulish, Indian, nubian, phoneician, eurasian, finish, Dutch, AeNGLiSH, Irish, Calabrian, bandy bantu... Pirate... Cannibal, foreigner, Malagasy. Asian. Marco Polo. CC. CC. c. Ccc.CCC.CSC.SCC.SEC.TSA.SSS.SSG.GS.GM.JPM.GS.MS.WFTFUSB.RYBCD.L.HSBC.UBS.HBI.HBI.HBI.M.M.M. AND ALL OTHER WORKS of Satan. Such a shame. 26,000.0000 years and we're still at step 5. +/- 7,300 years. Til tik tok we only got 60-2000 years to fix the water sanitation crisis. Think quantum arc hydrogen fuel oil Lucid automobile cell.

Spac55

AI companies burning cash Whoever pay, they sing for them $F investment in $RIVN $CRM . Investment in Anthropic, cash burning business Doesn’t mean their old technology is getting transitioned to new technology, $CRM. they might get punished more like $GM $F

Spac55

$F investment in $RIVN $CRM . Investment in Anthropic, cash burning business Doesn’t mean their old technology is getting transitioned to new technology, $CRM. they might get punished more like $GM $F Not up like $TSLA

Immediate-Run-7085

You seriously comparing GM to tech startups?

artbystorms

"Not so long ago" So like 120 years ago? US Steel was first Billion dollar company in 1901. GM crossed $10B in 1955. The S&P500 had a total value of $172 billion when it was founded in 1957, meaning many of the top companies had already crossed $1B.

artbystorms

How....old are you? GM was worth $10 billion in 1955. Many companies were worth billions by the 1960s....

Ok-Adeptness-5834

This is not uncommon. Lots of companies of expensive machinery offer this type of financing to its customers, like GM or Caterpillar. It’s been around for as long as commerce itself

_Despereaux

Ibbetson didn't jump anywhere, he retired from GM, lol. Sitting on a board is an easy job/role for a retiree.

AdamJensensCoat

I think this is a big piece that's been overlooked. In a world where brand voice isn't top down and passed through a handful of expensive gatekeepers, athletes/brand ambassadors don't have the influence they once had. The average guy on the street has no idea what a pair of LeBron XXIIIs look like. Nike has been riding on their image as a lifestyle brand for almost 10 years, but there's generational lock-in there. It's a brand that Gen-X and Millennials have an attachment to. Gen-Z isn't anchored to the brand in the same way. The other big missing piece is the professional/aspirational set. I work in a big office and all of the sweater-wearing finance bros now wear ON or Hokas. In the past, these guys would be wearing a performatively athletic Nike trainers. Now you'll see the odd pair of Killshots or General Purpose Sneakers, but overall the trend has been strongly away from Nike. Personally, I don't think Nike can dig their way out of this one. Their sneakers are iconic, so there's always room for different silhouettes to make a big comeback, but I think their days as king of the hill are over and we'll look back at them in 20 years as the GM of footwear.

ylangbango123

Is the Tariffs legal? Ford or GM can file a lawsuit.

janesmb

I think Ford is still idle while retooling. Oshawa GM sent one of their 3 Silverado shifts to the US in February.

Axerin

I mean they are garbage as they are regardless of price or patriotism. I don't even understand why anyone even bothers with a ford or a GM when you could just buy a Toyota or a Honda. I mean, if you have to buy garbage at least have some class and buy British.

ElderberryOk6790

Only making it more expensive for Americans. Watch the sales tank for GM and Dodge and his base up in arms for it.

roller_coaster325

Ingenious! Now a crappy ford or GM vehicle will cost an additional $10k. That will team the ~~Americans~~ Canadians a lesson. Right?

Top-Addendum8432

The ironic thing is that GM, Ford and Stellantis get to pay the tariffs that both countries hammer each other with - effectively destroying the companies that the Prez wants to “save”.

Lilthumper416

Restrictions on Canada's right to pursue independent global trade deals (veto power). Changes to French-language rules in Quebec. Demands to eliminate Canadian cultural content quotas (Online Streaming Act). Exclusion of heavy vehicles (Ford/GM plants) from tariff relief. Opening up procurement for public projects to American companies. Dismantling Canadian dairy supply management entirely. Demands for Canada to align domestic tariffs automatically with US trade policy. Full elimination of provincial liquor board restrictions on US alcohol imports. Forced synchronization of pesticide and agricultural chemical regulations. New US intellectual property rules extending drug patent protections. Demands for shared management or full US control over critical mineral extraction and export. Direct pressure to increase defense spending to meet strict US targets. Reductions to the 'de minimis' threshold for tax-free US cross-border purchases. BAHHAHAHHAHAHAHAHA 

Jefefrey

GM, Ford and Stellantis all build cars in Canada that are sold the the US. Unless there is a carve out for them, this hurts them. And then there’s Canada’s promise of reciprocal tariffs.

SerEx0

The demand for silicon is way outpacing the supply. When demand exceeds supply, prices go up. NVIDIA wouldn’t be raising prices if they thought their customers wouldn’t be able to afford it. This increase should more than offset the wafer increase TSMC announced in July meaning there should be a 1-5% increase in GM and probably covers the additional OPEX we have already started seeing with the hyperscalers earnings in July.

Spac55

At higher interest rate, 10 Yr 4.7 $TSLA $LCID $RIVN all EV at risk. Consumer spending less. When economy heading recession, is market cap $1.5 Trillion EV companies sustainable longer, $GM went bankrupt in 2009 downturn

Exoprime270

Too big to fail just fyi. No way the government lets the largest employer (depending on week) go under. We been through this already with banks, GM, Chrysler etc.

idkuhhhhhhh5

The problem is that the market it serves is, at its core, not the people they’re trying to sell it to. Vegan/Vegetarian people have a decent selection of food already, their advertising specifically is how it’s “just as good” as meat, as a meat substitute, for meat eaters. They did that whole collab thing with Burger King for that reason. The amount of people considering going vegan/vegetarian who currently eat meat is pretty small, and when you start pushing that as the core audience, you instead just end up with negative PR from the rest of the meat-eating crowd, and indifference from the vegan community. It’s exactly how car manufacturers have made the same mistake. Tesla broke into the EV market strong, GM has sold a pretty decent amount of Blazer EVs, and there are 5.5mil to 6mil EVs on the road in the US. You know how many Dodge Charger EVs have been sold? In total? In two years? About 8,000. Nobody who wants an EV wants a Dodge Charger EV, and nobody who wants a Dodge Charger wants an EV.

NoOcelot

Good question - the GM on finished cannabis inventory is not a metric we see used across all LPs. Id love to see standardized, legally-required comparable metrics here, but that works require legislation. At least within Auxly, that Stat and its definition have stayed consistent for its entire history.

harambeface

A GM - you're at the top of the store and responsible for literally everything and you're not getting that extra weekend pay when you're there on Saturdays and Sundays

Spac55

$CRWV 90-100 today possible Companies with \~ $50 Billion market cap, $F $GM $NKE $CAT $SWK $HOG $MMM $DE $CRWV see See how is net margin &cash flow. CRWV is miserable worse $SMH $QQQ $SPY Algo make many Situational Awareness push, like old SPAC days. Higher debt &higher rate catch reality Profit time https://preview.redd.it/mn06tdbb7yih1.png?width=764&format=png&auto=webp&s=4a5b72b920e2f94d0c908f7ec68c6ae3adce6154

Spac55

In what situation $CRWV go bankrupt for debt load. $NVDA GPU cost almost cost of a car \~$30K in 2009, $GM went bankrupt. Buying a car, and bringing this used car for collateral for home renovations, all know how both collapse as depreciation goes Now GPU as collateral, debt load high, GPU depreciation is faster, on top new GPU make old GPU obsolete. https://preview.redd.it/3kpv7l6oiuih1.png?width=759&format=png&auto=webp&s=1da1b6e1dc78451eada6b3e9fc256f3eef0a8be7

Commercial_Sound1448

Is $GM a buy because of its work with Lockheed Martin

GalacticGreaseMonkey

GM also used the bailout money to produce shitty ass cars which they sold back to…the people who’s tax dollars already paid to build their shitty ass cars

nondisgruntledgooner

ugggh. Doubt you’ll read this but here’s why I threw 20 grand today at market open… from my reply on another thread: “This one caught my eye earlier this afternoon because I saw a 200k Yolo post on it. I had no idea of a potential short squeeze and that has me more skeptical than hopeful. I am entering on Monday and I will give you the gist of why. I just looked at the 5 year chart and the story is there - they screwed the pooch with their EV fleet, Used car market cooled off, depreciation increased, and their balance sheet went to shit. Seems like wall street had this pegged (nice) for bankruptcy. But I still see them at every airport I went to for the last 2 years. A simple napkin math exercise - If I get in at 2.50 and it reclaims a third of what it dropped over the last 5 years, thats 5x... at this price that is enough asymmetric risk to reward for me I simply asked ChatGPT to find out how many locations have closed in the last 2 years, how much of that as a percentage of how many locations they had 2 years ago (11.5%) and whether or not there is a story behind the numbers (I.E. airport locations are unscathed but stand alone locations are getting annihilated). I personally don't think 11.5% of locations closing is indicative of "Catastrophic Failure". So did some more prompts. One thing that really catches my attention is them appointing a new CEO in April 2024. Admitting defeat and hiring the former COO of Delta Airlines and GM's autonomous driving company. I don't think you would leave that cushy spot and risk your professional reputation if you didn't think you could turn a company around - that is not data at all, 100% just my sentiment. This was not a singular hire, there has been significant leadership restructuring with it. Credit Markets haven't shut them out either. They are not behaving like its destined for bankruptcy, although they are naturally taking advantage of their vulnerability and charging a premium. Finally, ER are showing a legitimate financial turn around... Unless they are fudging numbers (sadly becoming more common nowadays) there is something substantial just in Revenue, EBITDA, and net income. I was planning on buying and holding for a couple years anyway, with my own price target of 10 a share just based on some arbitrary aforementioned 1/3 of a rebound is 5x return. The elephants in the room are leveraged debt, a still relatively weak balance sheet, and dilution risk. But if they can keep the numbers like this and avoid used car prices going to shit and further depreciation, I actually think this is a solid medium/long term hold. Just some thoughts from a random internet stranger/semi shitty stock market participant 🤷‍♂️

Substantial_Buy9458

And after we, the taxpayers, bailed them out to the tune of 13.4 billion, GM thanked us by building crappy, unreliable vehicles. Screw GM

SpyBagholder

No even if it does make them more productive. Because if that doesn’t translate to more money then they aren’t going to buy it. An example, I asked GM for a new keyboard. It would’ve made me type faster and more efficient(I’m a programmer) it costed 15 dollars. They wouldn’t pay for it because it had no discernible value for the company. They aren’t going to buy everyone a $2000 computer they have to replace in 3 years.

Dependent-Tone-4784

I also play D&D through it, by using it as a GM and make it allow me to cheat in the game when I want power spikes while having absolutely no such skill or justification in my character sheet.

Vast_Cricket

Next is to allow Chinese set up car factories in the US. Operated as Ford or GM same way as making and selling appliances as General Electric.

EnginrA

GM to Ford

NopeU812many

Exactly and GM still owes the money. Their product f’ing sucks.

Rosebunse

That sucks. I'm not a junior-thank God. Yeah, my dad sucks. He's doing reasonably well now but...yeah, he sucks. We have a very unique last name and that has gotten me in trouble. My dad and brother have both been to prison and were both kicked out of a major union because of their drug use and drug trafficking. And my uncle I guess screwed over GM in some sort of merger or something. I didn't realize it until my 20s but I'm basically blacklisted from several businesses because of my last name.

Educational-Play-465

To me the sell-off makes sense if you look at it as guidance rather than the quarter. Q1 GM guides to 83-85% versus 84.6% in Q4, so the market is being asked to pay for visibility, not another margin expansion. The $16.5B in financial guarantees is what gets them to 4+ years of revenue visibility, but that also means the cycle risk hasn't gone away; it's moved to the customers who guaranteed those future bits.

MysteryLozenge

No worries. I think it’s important to know which companies it was if you’re looking for a new car. I won’t buy from GM or FCA / Stellantis for multiple reasons, but their past willingness to take my tax dollars to pay out bonuses to execs definitely factors in.

MysteryLozenge

Neither Ford nor Toyota (a Japanese company) received U.S. government bailouts following the 2007 crash. GM and Chrysler did, however.

nondisgruntledgooner

This one caught my eye earlier this afternoon because I saw a 200k Yolo post on it. I had no idea of a potential short squeeze and that has me more skeptical than hopeful. I am entering on Monday and I will give you the gist of why. I just looked at the 5 year chart and the story is there - they screwed the pooch with their EV fleet, Used car market cooled off, depreciation increased, and their balance sheet went to shit. Seems like wall street had this pegged (nice) for bankruptcy. But I still see them at every airport I went to for the last 2 years. A simple napkin math exercise - If I get in at 2.50 and it reclaims a third of what it dropped over the last 5 years, thats 5x... at this price that is enough asymmetric risk to reward for me I simply asked ChatGPT to find out how many locations have closed in the last 2 years, how much of that as a percentage of how many locations they had 2 years ago (11.5%) and whether or not there is a story behind the numbers (I.E. airport locations are unscathed but stand alone locations are getting annihilated). I personally don't think 11.5% of locations closing is indicative of "Catastrophic Failure". So did some more prompts. One thing that really catches my attention is them appointing a new CEO in April 2024. Admitting defeat and hiring the former COO of Delta Airlines and GM's autonomous driving company. I don't think you would leave that cushy spot and risk your professional reputation if you didn't think you could turn a company around - that is not data at all, 100% just my sentiment. This was not a singular hire, there has been significant leadership restructuring with it. Credit Markets haven't shut them out either. They are not behaving like its destined for bankruptcy, although they are naturally taking advantage of their vulnerability and charging a premium. Finally, ER are showing a legitimate financial turn around... Unless they are fudging numbers (sadly becoming more common nowadays) there is something substantial just in Revenue, EBITDA, and net income. I was planning on buying and holding for a couple years anyway, with my own price target of 10 a share just based on some arbitrary aforementioned 1/3 of a rebound is 5x return. The elephants in the room are leveraged debt, a still relatively weak balance sheet, and dilution risk. But if they can keep the numbers like this and avoid used car prices going to shit and further depreciation, I actually think this is a solid medium/long term hold. Just some thoughts from a random internet stranger/semi shitty stock market participant 🤷‍♂️

Mail_Order_Lutefisk

The laws of man may become lax but the laws of physics still apply. GE and GM were both carrying mortgage books that were bigger than virtually everyone but the money center banks in 2008 and it bankrupted GM and nearly crushed GE. 

MitchCurry

For those that don't know, Stern went off on the TWolves and Joe Smith and that was just for a secret handshake deal, basically what the Bucks and Gary Trent Jr. pretty obviously just did. TWolves lost 5, FIVE, 1st round picks, fined $3.5MM ($7MM in today's money), Smith's contract was voided, and the owner, GM, and other front office staff were suspended for a year.

Cute-Illustrator-862

CEO is too busy playing NBA GM

AlasKansastan

If fucking GM has bad earnings they will sell off Nebius. This is the pussiest, gayest group of MM's and Hedge funds to ever fucking exist. Yall are PUSSIES

Suspicious_Ad6172

GM ☕️

imustbegthequestion

I see a Hyundai, wonder myself, then remember Kia, Toyota, Honda, GM, F....

Loose-Dream7901

People also don’t under that GTII did 50M in buybacks and are sitting on 200M more in cash waiting for the right opportunity. The consolidation of RYM on August 10 will boost GM back to 48-50% range as that licensing fee came out of COGS.

JabCrossE4E5Quark

EPS is meaningless as its mostly driven by M2M accounting on warrants and other things due to share price movements. GM was ugly, but they expected ugly numbers with ramping up a new line which adds a lot of cost with minimal revenue. I like that they lowered their guidance upper end from 400 to 350. Shows they are learning from Q4 last year and being more transparent, which is what investors should want to see (lowering is bad but we all knew 400M wasnt gonna happen anyway)

JabCrossE4E5Quark

I want to hear specifics on Line 2 performance, and I want to hear their plan on killing line 1 and moving everything to Line 2 and line 3 at the new facility. They hinted to that in the Press release which is nice. Unfortunately thats just another short term headwind because doing that will drop revenue and add costs during the transition, even though its the right thing to do and the ONLY way to get to GM+. The being down 20% seems like am assive overreaction, I imagine we will recover a lot of the losses, just like how last ER they were up 46% in PM and finished up only a couple %.

imustbegthequestion

Yesterday I found out that TSLA won't let me finance through the NCSECU. Calls on $GM & $F. $T is forever hot superfund garbage. Back at $VZW. CHARTER LET'S TALK. I'M WILLING TO NEGOTIATE.

Loose-Dream7901

The reduced gross margin can be explained. They pay RYM 16.5M in licensing fees which is basically their hemp derived shell that regardless roll into GTII. This is captured in cost of goods sold. The GM are around 48-50% normalized then you have the ability for RYM to continue growing the senorita brand. If hemp gets banned and there’s no carve out.. Gtii takes control of RYM + the 42M cash balance.

Gimli_Son-of-Cereal

When you’re government bails out GM, Chrysler, Citigroup, Bank of America, JP Morgan, Wells Fargo, AIG, etc.. out of bankruptcy instead of letting them fail and have others rise to take their place, you don’t live in a capitalist society.

skeet_scoot

The only issue is that the CCP subsidizes these companies. China would run GM out of business then raise their prices 50% overnight. It’s the same thing that ran out of a local grocery market in my area. Dollar General came in and started selling gallons of milk for under $2 a gallon, well below cost. Once the local store closed the milk became $4 a gallon.

Queasy_Olive5832

on spy/qqq or on single stocks? I feel there are some good single stocks to go bearish on - I feel like GM and possibly XLV (healthcare) might decline in the short term

PuffyPanda200

> building an EV from scratch GM built an EV in the 90s. Advances, mostly in batteries, made EVs possible.

Active_retiree1

I’ve got a bit in index funds but the majority of my brokerage is in individual stocks, mostly tech. I think Apple, goog, google, meta facebook Amazon MU, Microsoft, etc is a much safer bet than many (most) of the dogs in the sp500. These companies are not GM, GE, Sears, Kmart, etc.

hadtolaugh

Saying that GM was not a Reddit mod is defending her or criminal pedos? Jesus Christ dude, get a grip on reality.

hadtolaugh

Wasn’t that being GM debunked like numerous times?

toydan

GM frens ☕☕ have yourself a good Thursday

Smok3dSalmon

Sold my FDs for 100% gain, 2028 leaps are up 62%, and now I'm wheeling 10k shares and those 100 leaps. I'm sure there are better options, but I can't think of anything else that's more safe from political turmoil than Ford. Their employees called POTUS a pedophile protector and he didn't seek retribution against them. Now GM employees are doing it and he had to shrug it off. IMO, Ford is doing the best job preparing itself to compete with Chinese EVs. GM and Stellantis are fucked. Stellantis will probably merge with even more dog shit and spend the next decade re-organizing the company and shredding fat. Ford is at their tail end of their lost decade and it started with the Jim Hackett hiring. Hackett tried to fix the things that were within his control and then Jim Farley and Doug Fields did what they could. Pretty sure Jim Baumbick(Maverick guy) or Alan Clarke are going to take the reigns now - both are excellent.

vandalizethethief

I made money on GM in bc Trump mentioned them in late AH and it came through my Hyperliquid news feed & I bought 100 shares. I bought it at $70-$77 and sold today at $90. Trump pumps a company, buy it. He’s in on the corruption

Chumbag_love

Koningsegg olmost bought it in 09, GM fugged up

ImNotHere2023

Congrats, you've correctly identified that not all companies thrive indefinitely. IBM was a top company from the 1920's or 1930's all the way until the late 1990's or early 2000's - that's a pretty good run.  Looking at some of the other largest companies in 1990, like Exxon, Shell, GM and Ford, it's clear that the change was a massive sector rotation. While that could absolutely happen to tech, at the moment, many of the same companies are leading the way in what appears to be the next major trend.

ImNotHere2023

That's 50-60 years ago. If you're looking back 25-30 years, the largest companies were more like Microsoft, GE, GM, Wal-Mart, and Exxon Mobil (depending on whether you measure market cap or revenue). So, while some will likely fail, there are still pretty good odds that several will still be very relevant in 25 years.

No-Improvement3164

How’s GM up so much?

Mail_Order_Lutefisk

Imagine being a Boomer with two kids in Flint, Michigan when they were closing down all the GM plants in the 80’s. There ain’t no internet. You know you gotta leave town. How do you even figure out where to go? The average Millennial or younger in the United States would melt if confronted with such a dilemma and Boomers just loaded up a UHaul and YOLOed moves across the country in an era where it cost fifty cents a minute to call long distance. Being in your 20’s or 30’s in America today is the best spot among all humans who have ever lived. 

Valkorion335786

GM CEO just compared her workers to the Founding Fathers and Revolutionaries LOL