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GM

General Motors Company

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Price

$34.72

$-0.10 (-0.29%) Today

Mentions (24Hr)

8

-20.00% Today

Volume

$18M

Avg Volume

$19M

Market Cap

$51B

52 Week High

$67.21

52 Week Low

$30.65

Day High

$35

Day Low

$33.07

Previous Close

$32.99

7 Days Mentions

67

Reddit Posts

BlackBerry Software Is Now Embedded In Over 215 Million Vehicles

The shopping season starts…now? Urgent action to get a 101 to avoid Wendy’s backyard.

Shopping list for guys having wife’s boyfriend to support

r/stocksSee Post

Hyliion: Innovative Disruptor or Ordinary Recycler?

r/stocksSee Post

CEOs of GM, Ford and other automakers urge Congress to lift electric vehicle tax credit cap

r/wallstreetbetsSee Post

Tell me how you play this…

r/wallstreetbetsSee Post

If $GM Σ burst over 420 today I will dress like a real wolf and sell bananas at Walls Street to raise more fund and buy more shares to support the company (Image creds: Subwoolfer @ Eurovision 2022)

r/wallstreetbetsSee Post

U.S. car sales at ‘recessionary levels,’ as inflation, rising interest rate concerns increase, RBC says

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June 1st stock Market update

r/stocksSee Post

Mire jó a GMO? 20. - Élelmiszerpazarlás

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Is Ford (F.US) worth buying after falling to a 52-week low?

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I drew this cartoon in January 2021. Just wanted to flex because I was right. Didn't make any money though, because I'm a fucking ape

r/wallstreetbetsSee Post

GM 38C June 3rd showing unusually high OI, could be interesting to see a short squeeze

r/WallStreetbetsELITESee Post

Annovis Bio ($ANVS) - Supplementary Due Dilligence (with a Powerpoint deck)

r/ShortsqueezeSee Post

$ATER: Would it be better for yawl if I bought shares to lock the float up, or ITM options for a "DN/GM" squeeze?

r/ShortsqueezeSee Post

$ATER Greeks (Delta and Gamma) of full option chain on 18-May-2022 after hours

r/wallstreetbetsSee Post

Is It Me Or Is Tesla Significantly Behind The Curve On Driverless Cars?

r/wallstreetbetsSee Post

Is It Me Or Is Tesla One Of The Only Car Companies NOT Testing Driverless cars

r/ShortsqueezeSee Post

$ATER Greeks (Delta and Gamma) of full option chain on 16-May-2022 after hours

r/investingSee Post

Alphabet Inc. (GOOG, GOOGL) Analysis

r/wallstreetbetsSee Post

Tesla Overvalued by 30%

r/stocksSee Post

DCA (5 Year Horizon)

r/wallstreetbetsSee Post

Today’s market update

r/wallstreetbetsSee Post

Contradictory signals.. is $GM doomed or not?

r/wallstreetbetsSee Post

Contradictory signals.. is $GM doomed or not? Discussion

r/stocksSee Post

Valuing unprofitable growth stocks.

r/stocksSee Post

whoever bought GM should worry

r/wallstreetbetsSee Post

GM is now done because

r/stocksSee Post

Cathie Wood Buys Into General Motors After Stock’s Steep Slide

r/wallstreetbetsSee Post

RIP my GM calls!

r/wallstreetbetsSee Post

Silverback Strong

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When 6,000 LBS of GM won't cut it..

r/wallstreetbetsSee Post

When 6,000 LBS of GM won't cut it

r/stocksSee Post

Update: Is MP Materials ($MP) Still a Good Buy?

r/stocksSee Post

GM CEO Mary Barry on Yahoo Finance says light-duty vehicles to be all-electric by 2035 and heavy trucks going to hydrogen fuel cells

r/wallstreetbetsSee Post

Amazon's Rivian stake is proof that these morons aren't smarter than you

r/wallstreetbetsSee Post

Amazon's Rivian stake can only be explained if Bezos left his laptop opened at the special Olympics

r/stocksSee Post

What is happening in Shanghai and how it affects the markets

r/wallstreetbetsOGsSee Post

Sam Bankman Fried and the Crapto Fraud

r/StockMarketSee Post

Stock Picks from Top Hedge Fund Managers & Top Wall Street Analysts! Top Tickers include: $V $MA $GOOG and $AMZN $GM, $LYFT, $COTY, $NFLX

r/wallstreetbetsSee Post

What am I missing about seriously undervalued $STLA?

r/wallstreetbetsSee Post

Musk's main objective with TWTR is actually bullish for TSLA

r/stocksSee Post

GM says it will produce electric Chevrolet Corvettes

r/stocksSee Post

Any thought on buying GM before ER?

r/wallstreetbetsSee Post

4-21-22 SPY, Apple, QQQ Daily (weekly) TA

r/wallstreetbetsSee Post

How Tesla Could Be Bigger Than Ford and GM—Combined—in Just 5 Years - article from Barron's

r/wallstreetbetsSee Post

Why you should be bearish on Tesla's Earnings

r/wallstreetbetsSee Post

Cathie Wood “keeping an open mind” about GM, speaks with CEO about Cruise

r/StockMarketSee Post

$GMGI Golden Matrix Group (NASDAQ TRADED) update news from the company. They have now integrated their GM-Ag Aggregator online casino platform in 6 countries and have plans to expand much more. Also a double bottom on the charts at $5.00 Check them out.

r/StockMarketSee Post

Cathie Wood keeping “an open mind” on $GM, meets with CEO Mary Barra

r/wallstreetbetsSee Post

General Motors Having a Moment

r/stocksSee Post

Twitter Constitution and Appointment of the Board of Directors

r/WallStreetbetsELITESee Post

Lengthy KODK DD -- hint..it's got hidden value and insiders/tutes have been loading.

r/StockMarketSee Post

GM Autonomous move - is it a buy?

r/investingSee Post

Are index-funds hurting the economy?

r/StockMarketSee Post

How can I invest in subsidiary companies (Cruise, Waymo, Activision Blizzard) now or in the future

r/stocksSee Post

Is MP Materials ($MP) still a good buy?

r/stocksSee Post

Tesla delivered 310,000 in the first quarter, a sharp increase. What impact do you think this has on Tesla's stock price?

r/wallstreetbetsSee Post

Don't Underestimate General Motors

r/StockMarketSee Post

General Motors plans to double revenues (Trade and DD)

r/investingSee Post

General Motors plans to double revenues (Trade and DD)

r/stocksSee Post

Don't Underestimate General Motors (Trade and DD)

r/wallstreetbetsSee Post

STLA: deep value deep dive DD

r/stocksSee Post

STLA; DD deep value deep dive

r/stocksSee Post

Ford, Rivian Are More Influential Than Tesla

r/wallstreetbetsSee Post

How to become more effective at buying and selling stock.

r/stocksSee Post

Potential ASPN contract with GM for EV's?

r/wallstreetbetsSee Post

ASPN may be getting a major contract with an EV company in the near future (My bets on GM)

r/stocksSee Post

Where to park $16k if I believe in electric vehicles and electric vehicle charging exploding sooner than later

r/investingSee Post

Do I sell GM shares in order to buy Google and maybe Tesla?

r/wallstreetbetsSee Post

Why inflation is about to get out of control, and no amount or rate raising Is going to stop it.

r/wallstreetbetsSee Post

GMGI NOW NASDAQ

r/StockMarketSee Post

GMGI NOW NASDAQ

r/RobinHoodPennyStocksSee Post

GMGI NOW NASDAQ

r/wallstreetbetsSee Post

In less than one year, using managed risk - Here is my my journey to 1,000,000 using only $1,000. (I took 60k profit just before Christmas for taxes and some extra profit to lock in. Most of my trades were heavy shorts on GM, FORD, PFE, PNC, FB, and NASDAQ futures.

r/pennystocksSee Post

Update on St. George Eco-Mining $SXOOF

r/wallstreetbetsSee Post

TSLA will have the greatest rally ever in the next few days. Buckle up.

r/wallstreetbetsSee Post

AMA with Automotive Engineer u/Only_Outcome today at 5PM EST!

r/wallstreetbetsSee Post

Will high gas prices hurt GM, Ford, and RAM?

r/stocksSee Post

Ford is Looking Cheap

r/ShortsqueezeSee Post

ZEV is the EV stock to look into

r/wallstreetbetsSee Post

#US EV Sales Overview | Highlighted

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Rivian shares tumble as supply-chain woes cut production outlook in half

r/pennystocksSee Post

$VNUE HITS THE RESET BUTTON ON STAGEIT.COM

r/pennystocksSee Post

$MNXXF - Manganese X Energy - Huge catalyst coming up and growth in the coming years

r/wallstreetbetsSee Post

I just invested $1k long term across $F, $FB, $GM, and $TAC. Any comments?

r/stocksSee Post

Legacy Auto will show investors why profitability doesn't matter

r/wallstreetbetsSee Post

Oil is hot and EVs are not. NWO for EVs?

r/stocksSee Post

Need to put some $ to work

r/wallstreetbetsSee Post

First step towards learning my lesson

r/StockMarketSee Post

"Tesla has created over 50,000 US jobs building electric vehicles & is investing more than double GM + Ford combined [fyi to person controlling this twitter]" Why Biden ignored Tesla? Elon is pissed about being ignored today!

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Lordstown Motors

r/wallstreetbetsSee Post

Will EV dominate?????

r/pennystocksSee Post

High Oil Prices, Makes The EV Space - $ZEV -Profitable In A Bear Market

r/wallstreetbetsSee Post

INDI - A high growth stock for the masses

r/wallstreetbetsSee Post

It should grind your gears when a company that isn't corrupt like the majority of public companies gets shorted to the ground. Do your part of making the earth less polluted by supporting a passionate, all-American company that isn't driven by greed!

r/wallstreetbetsSee Post

Warren Buffett: Buy Stocks At Wartime

r/wallstreetbetsSee Post

The predicted market crash... Can it get any worse? well, yes!

r/WallStreetbetsELITESee Post

Golden Matrix Reports First Quarter Revenues of Approximately $7.7 Million

Mentions

I didn't say that either. They've got a business to run just like everybody else and people do need buildings built and condos to live in. RKT is at least a little contentious with lots of people because they've created a little bit of a sheltered bubble for themselves downtown. If you go out to lunch on a weekday, 75% of the people are going to have a badge for one of their businesses, meanwhile the townies working as servers and bartenders and all the folks who support those workers are getting pushed further and further out of the city center into neighborhoods that most RKT employees wouldn't venture into, and a lot of people see Dan G as an outsider because he grew up in a nice suburb with a family already successful in real estate. He and the Ilitches have kind of steamrolled downtown into a much more trendy upscale business district than it was 20 years ago. That's not necessarily all bad because it brings in revenue and of course there's stuff to do, but compared to a company like Ford who has been renovating the old train station and has a tech office in the Corktown neighborhood, or GM who's slowly crawling out of their bubble in the Renaissance Center with some stuff in New Center or Hazel Park -- big auto haven't really tried to upend the neighborhoods they're moving into.

Mentions:#RKT#GM

If a person still believe in GM and Dis crashes do not matter. It’s for sure not the most consistent roi method. However I feel like if you really understand the business and see them in business for a long period of time why would I want to own 500 companies instead?

Mentions:#GM

People own index funds as a measure of safety. You can lose all your money if you have it concentrated in 2-3 companies. What if you only owned GM stock in 2008? Or you were all in on Shopify? Or you've been 100% in Disney since 2015 and have a negative return? I have no issues owning individual companies. I own 4 companies. But the large majority of my money is in index funds.

Mentions:#GM

Best DD I've read in a while. But it was a hot car, so specifically calls on GM and F.

Mentions:#GM

I can't get past the 95 P/E ratio. AAPL is 22 and GOOG is 20. And lets not even talk about how much higher they are than other automotives like F (4) and GM (5). I get it there are analysts much smarter than me who will tell you why they justify that price but on the surface I just think it is too high. They would benefit from a stock split IMO but I'm not bullish right now.

Mentions:#AAPL#GOOG#GM

Not really, GM is pushing heavy into EVs. Both them and Ford are doing better than arguably the Japanese brands when it comes to targets for EVs and AD

Mentions:#GM

>\*GM to Price New Cadillac Celestiq Sedan Starting Around $300,000, Sources Say -- WSJ \>\*GM to Build Fewer Than 500 Celestiqs Annually, Sources Say -- WSJ \>\*Cadillac to Begin Celestiq Production by Late 2023, Sources Say -- WSJ $GM ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-06-24 ^08:00:28 ^EDT-0400

Mentions:#GM

Yeah; railroads and utilities. The Tennessee Valley Authority was a nationalization. Amtrak is considered partial nationalization. The US government took a brief 60% stake in GM and the CEO was appointed by the federal government, in 2008. Amtrak and the TVA are the only long term nationalized companies, off the top of my head. Airport security is the only entire industry that was nationalized and made into an actual government agency, with the TSA. Every other action has been temporary. But if there's a true national security threat, there's precedence with the TSA and also partial nationalization of the railroads in 1917.

Mentions:#GM

Yes, wait one year for GM to work out the kinks. Good for you to snag a profit off your Teslas!

Mentions:#GM

Not Lucid, not Tesla, not VW, not Xpeng, not Nio, not Ford, not GM, not Nikola. I'm talking about the greatest EV company in the world!

Mentions:#GM

Yes, sure. They are eating the cake from all the other automakers because their products are much better! You probably work for ford or GM 😅

Mentions:#GM

They have an outdated product. Users of their product are declining with every Tesla, Nio, Lucid, Mach E, ford GM, etc etc that's purchased. looks like a paradigm shift

Mentions:#GM

First - The Tesla data in your article is \~4 years old. Second - The "median income" data point in your article is from 2016 Third - The article states that the pay # Tesla is using \*includes\* one-time bonuses / stock plans / etc. Fourth - The article points out that their pay is \*behind\* some other car companies, such as GM & Ford. (relevant for the factory workers) They are even behind some of the other tech companies. (more relevant to the salary tech positions) Fifth - This talks \*NOTHING\* to the # of hours worked by the employees for their pay. Many of the salary positions are pushed to work well past 40 hours. Considering their pay lags other major tech companies....... (NOTE - It also is telling when you talk to their HR and they mention that they are a "start-up" ...... Code for lower pay / longer hours .....) I could probably point out more reasons why that article is entirely irrelevant to \*today's\* discussion, but .......

Mentions:#GM#HR

Tesla has more market cap than Toyota, VW, GM, Ford, Hyundai, Kia, Honda, Subaru, Mercedes, BMW and Nissan combined yet a company named Stellantis generates more revenue

Mentions:#GM

Well, GM and Ford and every other car company are going to try to replace these clunkers. and the government is going to give us cash to buy EV's. You like cash?

Mentions:#GM

So manchin eliminated the union $4500 add on to the EV $8k tax credit in the new dem plan. Personally I don’t think Biden will try and pass it soon, $GM $F have super low EV volume rn. More likely is that they pass it early next year. Either case, Tesla is going to gorge itself on that shit.

Mentions:#GM

The answer to your first question is difficult to parse, in part because the answer is "not really", but I think it actually works in the reverse. Corps politically pressure the Fed into policies that help them at your expense. One of the defining features of modern America is how subservient the govt is to capital and how openly legal corruption is. In the current case, there is quite a lot of mask off commentary from wealthy CEOs and billionaires that the problem they are focusing on is wages; that what they really want to do is blow up the unemployment rate to ensure that there are fewer job openings per applicant, forcing the applicants to accept less pay or worse conditions. Their concern is not the price of commodities or inputs and more about inflicting harm on the growing negotiating power of labor. The clearest evidence of this is that the Fed was dovish about inflation right up until the great resignation began and people started massive unionization campaigns across America, two things that have been about as unreported as possible in America as the media could possibly get away with. In short, what helps them the most is deliberately causing a recession in order to maintain power over labor. The biggest threat to their position is not a recession, but having their margins eroded by increasing wages. The space between the lines in the wage-productivity gap chart since the 70s is how they preserve their pharoic wealth and position and a couple of years of slightly lower returns in exchange for the preservation of that gap is a small price to pay for them. As for the bit about not fucking over their businesses, I'm not sure that is a serious concern. These people don't "know better than you". Plenty of businesses out there fuck up all the time on all manner of large and small things. There are many companies out there that you have or ought to have no confidence in their ability to effectively manage. Look at SNOW, they aren't even profitable and they are paying their CEO $95 million a month according to Fortune. Also, there are a number of businesses in America that are so deeply entrenched and so large that they could take enormous hits over the short term and still have absolutely no chance of being fucked. Since the govt exists as the entity that sets up the rules of business and property and then protects that system, it won't allow these businesses to die, even if they do get into fucked territory. In 2008, a number of large financial institutions became completely insolvent. A short time after that GM became on the verge of complete collapse. The US govt bailed them all out, slapped a few small fines here and there and put absolutely no one in jail for all of the illegal things they were doing. They caused the largest crash since the 30s, not because they know better or have any compunction about the state of their businesses, but because the system functions completely in a way that creates, defends and prioritizes that class of people. This is getting long, but go look at where the trillions of pandemic stimulus went. The overwhelming majority of it went to wealthy people who didn't spend it. It just went on the top of their huge stack of cash. A relatively small part of that stimulus went into the pockets of the working people of America. The narrative we hear is about how all of that money created a problem if too much money chasing too few goods. We have the evidence now that most of that money is gone from those that were going to spend it (savings are the lowest since 2009), the deficit is the lowest it has been in years (we have a nearly balanced budget) and the inflation explanation cannot still be that new money is driving inflation. Instead what is driving inflation is price gouging and the sanctions on Russia and China, primarily. We see the price of energy and food exploding because we cut the largest and most resource rich country out of global markets. We see cotton prices double the historical averages because of the sanctions over an alleged genocide in Xinjiang. We see companies posting record profits, raising prices on all manner of goods, not because their costs increased, but just because the narrative was ripe for price hikes. If costs had actually increased, margins would have remained the same and profits wouldn't have soared. Yet we are being constantly told that the new money is sapping value from the existing money (that's not a thing in fiat), that we are entering into a wage-price spiral, and so on. Nobody wants to take responsibility for the disastrous sanctions and how badly that fucks up a globalized system. Every serious article shows that Russia is making more money, energy emergencies are becoming critical in Europe, the Biden admin is asking American ag to quietly buy potash from Russia, the ruble is the strongest it has been in a very long time, and so on. What we have is not a system of "smart money" and "creative inventors", but a system where the govt is completely subservient to capital, where once you are in the owner class, you can get an audience with the govt to get whatever money, laws, sanctions, tariffs, wars or operating parameters you need, where every dollar of assitance to regular people is deemed a travesty of market principles, where every tax advantage and law exists to keep you in your position and out of jail, and where the near entirety of the media is owned by your class to put out whatever narrative serves the interest of capital, whether that's outright lying or just a confusing smokescreen to keep regular people from agreeing.

Mentions:#SNOW#GM

False ... Ford did not take any government money .. In fact remember a interview with the current CEO at the time and one of the things that saved the company was before the 2008 crisis he has just leased out all of Ford's fixed assets... Aka he sold them all to banks that then they in turn made leases on then so Ford had a stockpile of money to weather the storm.. It was GM hence the term Government Motors that took the handout amongst others.

Mentions:#GM

The other makers had sunk cost in ICE that they were leveraging. They're pivoting to EV now that ICE is being deprecated around the world. Tesla got a couple of years to itself. Ford, VW, Benz, BMW, Nissan, GM, and about twenty others are coming for it. Tesla will need to improve its quality and pricing or get clobbered.

Mentions:#ICE#GM

[I mean… there is too much demand?](https://insideevs.com/news/585153/musk-tesla-may-stop-taking-orders-models-long-lead-times/amp/) Here’s quotes from Elon himself: "Currently the lead time for ordering a Tesla is ridiculously long, so our issue is not demand, it is production. Even before those supply chain issues, Tesla demand exceeded production. Now, demand is exceeding production to a ridiculous degree." “We're actually probably going to limit or just stop taking orders for anything beyond a certain period of time because some of the timing is more than a year away." So you see young padawan. Raising the prices of cars solves two problems. One it allows the company to offset the rising costs and maintain margins. Two it can dissuade people from buying them, which will help clear some of the backlog. Also margin means everything. That’s why Tesla is already more profitable than GM and Ford despite a fraction of the sales. And will pass Toyota with around 1/5 of the volume.

Mentions:#GM

I think the good thing that will come out of all of this will be that there is a lot more true price discovery. Can't just throw massive amounts of money at an index without concern over the value of all the stocks in the index and expect to have true price discovery. Like the absurdity of Tesla having a larger market cap than GM, Ford, Toyota, and Kia combined. That shit has to stop. It's becoming clear that other car companies are quickly catching up and have the manufacturing capability to crush Tesla in sales. I think it finally ends when someone gets caught overleveraged and goes down. I think the markets reaction to whatever company goes down will mark the true bottom. Market is down because a lot of people are worried about how much further down it could go, and are waiting for some signal of what the true bottom is

Mentions:#GM

Ford and GM are doomed

Mentions:#GM

How is Elon expected to delivers some fantasy robot if he can't even get the Cybertruck out and Rivian, GM, and Ford are beating him to market. I think Elon has peaked at Tesla, he should just focus on SpaceX

Mentions:#GM

Honda doesn't really have an EV just plans for 2023, how in the hell is anyone thinking they are "catching up". Honda teaming up with GM is catching up? They plan to use SES holdings to make their battery but they only plan 1GWh of capacity after 2023? that is going to be some low volume numbers for sure. For reference Giga Nevada does 50GWh a year and is getting boosted to 105GWh in more phases. That is anything but "catching up", I wish Honda the best with their prologue it probably won't be high volume, not with that small of pack volume going with SES holdings.

Mentions:#GM#SES

So manchin eliminated the union $4500 add on to the EV $8k tax credit in the new dem plan. Personally I don’t think Biden will try and pass it soon, $GM $F have super low EV volume rn. More likely is that they pass it early next year. Either case, Tesla is going to gorge itself on that shit.

Mentions:#GM

This is /r/stocks. Tesla still has a nearly year deep backlog. No one has more insight them them in terms of demand, and demand is strong. GM just cut prices on Bolt to get rid of them. Ford told the world that the MachE is now a money loser because of inflation. And no one has the Supercharger network. Yet Tesla has demand out the ying-yang and raises prices. I expect Q2 to be a stumbling block. So does everyone else. And then? Blue skies and back to record deliveries. Perhaps back to record margins. And for sure record revenues.

Mentions:#GM

Fuyuuuuuuuk ELectric vehicle. TSLA,f GM, could all suck it

Mentions:#TSLA#GM

So you think it’s worth more than Toyota, Ford, Mercedes, Volkswagen, GM combined?

Mentions:#GM

GM is making the 2023 Chevy Bolt sub 30K. That's a huge price drop and puts it in line with several new ICE cars. Might see a bump in Bolt sales.

Mentions:#GM#ICE

Tesla went up an entire GM and Ford combined yesterday.. Only a fuckin bull retard falls for that shit

Mentions:#GM

I completely agree, but looking at the last 15 to 20 years, the stock has been a dog. I think I'll buy some on a cash secured put versus buying calls that die painful deaths. I think the company fumbled the Rivian thing but it's otherwise among the most solid auto companies worldwide. And I'm a GM guy deep down, so it pains me to say that.

Mentions:#GM

You mean the baseline where Tesla is already more profitable than both GM and Ford? With tons of growth left. That baseline? But yeah keep thinking a growth company should be valued like a mature company. I’m sure your investments are doing wonderful…

Mentions:#GM

Uh...GM has way more EV options that you can buy right now than Ford will have available through the end of the year...

Mentions:#GM

I think every ICE manufacturer is a steal. Ford, GM, Mercedes-Benz and others have all but caught up to Tesla already.

Mentions:#ICE#GM

Ok, that's a good point. I get it, I get that same point from every oil and gas guy/gal. Money money money, and oil/gas has been doing great since it was terrible from lack of demand in 2020. It went on one last rocket ride. Hooray! ​ I'm just saying what goes up, must come down ...with a splat. So, play it however you want. GM's entire lineup is electric next year. This isn't 5 years away, it's next year. And you know the government will make changes to emissions standards. That's coming too. You won't even be able to drive an old truck, you know, in the city. 5.4 liter? nope, can't drive it. 90's model 7.2 liter? psht, that gets parked at the farm. Almost everything is a turbo now and soon ...no more combustion engines. ​ I know you don't believe it but bro, TSLA is up 12% today. No money to be made? I have to disagree.

Mentions:#GM#TSLA

Bull said buy Tesla up a Ford and a GM today When 1 trillion? I hear layoffs are good bulls

Mentions:#GM

That's why you have to build out the infrastructure. And also why they did the new infrastructure spending in the first place. By "EV companies" Do you mean Ford and GM? Cause.......

Mentions:#GM

Tesla just pumped a Ford and a GM today Good time to buy right bulls?

Mentions:#GM

GM delivers 150 electric vans to FedEx

Mentions:#GM

Why does GM suck?

Mentions:#GM

Why does GM suck?

Mentions:#GM

All the morons who Purple circle the shares can't play covered calls. You make a fuck ton off cover calls on GM3 on the way down

Mentions:#GM

GM has something like 20 new electric vehicles dropping between 2023 and 2025, most well below Teslas price points with similar features and range. Ford is already selling Mach E, E-Transit, and the lightening is around the corner. VW has a couple electrics the ID Buzz, ID4, E-Golf Mercedes, BMW, all releasing electric vehicles. Tesla isn't the only game in town anymore and it's look is already 12yrs old and boring. I don't knock Tesla tech but it's not longer a few years ahead of the others it's barely a full year ahead.

Mentions:#GM

Ok, do some research on the shit that DFV took and see who is delusional. He thesis wasn't accepted at first on GM3

Mentions:#GM

Yeah, GM sucks which is why I'm in F. But...mach-e no margin? lolololo

Mentions:#GM

I will have you know I only have 2 shares of GM3 in my Roth IRA sir! (in case of moon I retire)

Mentions:#GM

Your hero DFV got all this same shit for years on GM3. Probably the same shitheads here with AMC

Mentions:#GM#AMC

There were expected returns from the bailouts, as they were loans with strings attached that needed paid back by GM and Chrysler. That's why those companies had big reconstructions during the bailouts. Same can't be said here.

Mentions:#GM

Poor guy is gonna be mind blown when GM and Ford don’t exist in 10 years. Did you forget about Optimus robot?? You better be buying this TSLA dip while you can.

Mentions:#GM#TSLA

Check the market cap of Toyota, GM, Volkswagen, Ford, and Mercedes Daimler Chrysler combined.

Mentions:#GM

The stock was way overvalued, that's no doubt. But the company should be fine due to the insane demand for their product, and just opened Giga Texas. It will just become a boring stock, like Ford or GM. Am I wrong?

Mentions:#GM

I'm not saying you're wrong. I worked in corporate accounting for nearly 20 years and Tesla always finds a way against all odds to have a GM or NM better then expected. It could be legitimate that when they need a win they deliver, or it could be there is some very creative accounting and accruals going on. I used to be squarely in camp 1, but these last few earnings reports have made me question how. I work with a lot of tier 1s that were struggling for parts and supplies, yet Tesla just continues to sail on through with better margins.

Mentions:#GM#NM

If you want to do fundamental analysis, then check the value of Toyota, GM, Ford, Chrysler, and Volkswagen. Now check the value of TSLA. It may be that TSLA is a winner for years, and they kick ass and take names and do nothing but shred for two decades. ... But if they did, what do you think they should be valued at then? What would be the price for being the largest automaker on earth? Because we know the answer to that right now, and it's about a third the value of Tesla's present market cap.

Mentions:#GM#TSLA

Except Tesla isn't the only player in the EV market anymore. Ford and Rivian have production vehicles on the road. GM set to release prod Ev's next year and Toyota in '25. It will be interesting to see how this affects the TSLA share price.

Mentions:#GM#TSLA

Didn’t F just recall all of their Mach-E’s? And GM recalled pretty much all Bolts?

Mentions:#GM

GM? Haven't had any GM since January tard

Mentions:#GM

Cause it is, and it's normally distributed, and the people who deny it simply don't want to admit their intelligence is below average. How's your GM investment doing, by the way?

Mentions:#GM

Tesla is going to be hit with competition soon from Ford and GM. I think in the near and long term the stock is going to suffer.

Mentions:#GM

You can think of Democrats as being in the business of generating profit by protecting unprofitable industries. Most of the time they protect industries that are mature or dying, but sometimes they protect nascent "industries" that have no hope of being profitable - green power for example. Here are some examples: Biden claimed earlier this year that GM was the leading electric car company and provided a bonus for buying union electric cars, while pretending that Tesla doesn't even exist! :) Why do you think Biden admin is going after TSLA for it's autopilot? Here in my state massive tax breaks have been given to Boeing (by Dems) to protect union jobs. Meanwhile, in the big area for growth in aerospace - space - Boeing is getting destroyed by SpaceX. IMO Democrats are working incessantly to force social media companies to pay Democrats' buddies in the money-losing newspaper business. However, it's pretty obvious where the market power lies there. Newspapers could block social media links. But without social media links, newspapers would die. It's true the fossil fuel industry is an old-guard industry. However, it's also a profitable industry that doesn't need protection from Democrats. Rather, since it gives money to Republicans, they attack it.

Mentions:#GM#TSLA

We've been waiting for years bro, look at Toyota's lack of commitment to EV, look at GM's lip service, look at Ford spinning their wheels making no profit on Mach-E

Mentions:#GM

Correct answer is Ford or GM.

Mentions:#GM

Every bit of inflation including energy prices is on the backs of the Fed and the socialust stimulas program enacted by the prior administration. Repunlicans didn't bat an eye at all the handouts/bailouts of cruise lines, airlines hotel industry... The checks and "loans: to anyone with a heartbeat. But they pissed themselves when GM got bailed out. Hypocritical delusional freaks. Too much money in the system. And now we are paying the price. Since we can all probably agree that the Free Market myth has sailed why not ban all non industry related speculation on oil tomorrow. It would get cut Iin half. We are swimming in oil. The hottest trade on Wall Street is energy and commodities. Inflation becomes a self fulfilling prophecy after awhile. Even when the Fed tried to be responsible 4 years ago and cut back on the easy money. Powell got bullied into reversing course. The the more that tighten the lower equities (weed stocks) will go. A real shit show. And I fully appreciate that the original comment in the thread was kidding. It just started a good conversation.

Mentions:#GM

Between her and the ceo of GM I don’t know who’s dumber

Mentions:#GM

I drive past a few dealerships on the way to work and inventory looks like it's building. I've actually been in the market for a new pickup and the dealer called me and said they can build it now and have it delivered in 6wks, GM. This exact time last year, it was 6 months.

Mentions:#GM

What does opening up American energy even mean? You can't build a pipeline in a day and see the effect on gas prices in a day. You need added refineries. The bottom line is no American refinery - not one - is going to either build more capacity or refine more fuel (which would take over 12 months to hit the market (and it's not like domestic refined gas only goes to the US - US gas flows globally and there is nothing anyone can do to just force Americans to make fuel for America alone) - but forget all that for a second - The writing's on the wall that by 2025 GM and Ford etc are all going full electric and the demand is not only going to plummet but is about to plummet anyway due to high prices and high inflation - so no American energy company is stupid enough to spend billions on just driving down gas prices because they've gotten super high for just a few months. That's ridiculous. They're going to pocket all the extra revenue and when demand drops due to recessions in the EU, China and US - prices will drop as well. The hilarious thing is all this takes time and it will probably be 2024 - right after the election - when prices start dropping like crazy and all this starts to recover. Whoever wins in 2024 will get to have a victory lap for doing absolutely nothing - passing no policies etc - it will be amazing - and hilarious

Mentions:#GM

I've been checking out GM because of their new battery design, I think they will definitely be a big competitor in the EV and self driving market

Mentions:#GM

I know people will think I'm dumb for this but I think 5-7 yrs down the line GM becomes a tough competitor in the EV market, however I do believe Tesla will continue to find other revenue sources...they're always trying new shit, Tesla mini house, trailers, etc...eventually something will stick besides what already has

Mentions:#GM

Follow along. Maybe you will then learn a couple of things. 1) So they are also technically, HYBRID ICE vehicles as well. Do you see how that classification is troublesome? There's a reason why PHEV and EV numbers are reported separately. Check VW's financials. They don't report hybrids as EV's for the obvious reason that they aren't EV's for the most common purposes. Some auto companies have also been pushing PHEV's because local governments have been charging huge fees based on whether your vehicle 'qualifies' as clean or not. PHEV's was a financial incentive for auto companies to push. 2) Manufacturers are moving away from PHEV because they aren't useful when EV's outperform them. PHEV's made sense when the battery technology was not at the point where the range and pricing was sufficient. We are far past that. 3) Bringing up Ferrari plays no role in any of this. You're just adding a random piece of info that has no bearing on the discussion. Anyways, Tesla is by far more profitable than Ferrari. We're talking about margins. Tesla isn't in the business of luxury exotic vehicles. What are you going to compare next? Gordon Ramsay's restaurant to a local McDonald's? They don't operate in the same business. 4) Governments are forcing them to by way of taxation and high fees. Maybe you haven't realized but ICE companies pay a carbon tax for every ICE vehicle they produce. That is why Tesla was making billions off their regulatory credits by selling them to ICE automakers. In many European countries, such as Norway, you receive priority parking. Norway, it costs significantly less to own an EV than an ICE because Norway also charges an insane tax on ICE vehicles. In China, you are allowed to be in a specific lane that has much less traffic if you drive an EV. Government is practically demanding that the future of cars be EV's. 5) I work Big 4 and VW is one of our clients. There is literally no reason for VW and other ICE automakers to not mention EV profits if they exist. They are highly encouraged to do so by their accountants if they indeed exist. The reason they aren't doing it is because it isn't a pretty picture to paint to investors when they are bleeding money on every EV they sell. I don't really care, either. You can believe what you want. List the pros/cons of not listing out EV profits vs listing them out. You can't find a single con to listing their EV profit separately. It's about being logical, here. Being right? Volkswagen can easily come out and say they are profitable selling EV's in their earnings call. Have you listened to them? I have. Just a year ago, they stated they were losing thousands of dollars selling their ID EV. Ford just came out and stated that they lose money selling every Mach-E. GM came out and stated that they lost money selling every Chevy Bolt. Maybe update your knowledge before coming into a topic without a logical approach.

Mentions:#ICE#GM

Ford and GM are banks that make cars on the side.

Mentions:#GM

Both Ford and GM highway software js good. Cruise, which GM is heavily invested in, HAS driverless cars in operation that taxi people for $. (In limited areas) I own a Model S and X and I won't even use the highway autopilot. Phantom breaking sucks.

Mentions:#GM

I just want to point out it wasn't that long ago (15 years) companies like GE, GM and Lehman Brothers could have made your list. No company is bulletproof.

Mentions:#GE#GM

You can’t look at financials without knowing their story . Ree hs a new COO with production experience from Tesla and many of Ree autos management to executive management come from other car companies like GM, Maserati, Land Rover etc

Mentions:#COO#GM

The danger to them isn’t the winds, it the prolonged incessant rain. And the hazard you didn’t see. The people in the news on the roofs was because of the levees breaking. On Lake Ponchatrain that the Army Corp of engineers said was JUST FINE. Six feet of water inside a house will ruin it and it doesn’t matter if it was the storm surge or river flooding. The difference is whether you got flood insurance if you weren’t in a flood zone. That’s a totally different kind of loss. You can risk off your portfolio and keep DCA’ing, keep up with the 401k contributions but it won’t insulate you from the collateral damage. There’s gonna be a point where middle and upper middle class people don’t HAVE any extra cash to DCA with. There’s gonna eventually be job losses and cuts on hours. In the years after 2008 there were wage reductions. Many manufacturers implemented a 2 tier pay system where new hires were paid less (permanently paid less, not a probationary wage that increases after 3-6 months). That was after the desert of layoffs and hiring freezes, 32 hour weeks down from 60+ hour weeks. Even the ones who prepared, evacuated early and took precautions have to go back and deal with the flood damage eventually. They didn’t escape it. They minimized it. If you can find one, reach out to a boomer that was a GM retiree in 2009 and ask how they fared. Worked their whole lives, bought company stock, paid into the pension and were out. Retired and home free, comfortably because they did everything “right”. And they got rekt.

Mentions:#GM

$GM in 2009 is a great reference point. However, if shorts continue to cover, this thing can go parabolic!

Mentions:#GM

I was active when the .com collapsed. That was different than what’s going on right now. .com we’re worth very little- kinda like crypto now. But I was day trading and built up $78k and then Lost it all. .publicly traded .coms were literally shutting down. Not even being delisted , just done. 08 was a lot worse- my 401k collapsed- stocks accounts crushed. And small businesses were losing their lending power and closing. This had a trickle up effect. When you GM almost closed and the gov. Had to Bail them out with loans, the shit had hit the fan. The banks were all to big to fail and gov kept the open. Today is different. Inflation is real. Every family is spending $6k more a year on gas and food. We have huge supply chain issues which will force companies to close. Which will trickle up. I think we headed for depression. This time around I liquidated 70% of my holdings into cash two months ago. I plan on making moves once we bottom out, I don’t have to be 100% right on the bottom. Look at companies that have lost 50% or more that have revenue and potential growth. Or even just playing index funds. What I learned in 25 years of investing. I’m in a position to make plays that will lead me to legit retirement in 10 years.

Mentions:#GM

GM must be a dIsRupTivE iNnovAtoR lmao

Mentions:#GM

I keep forgetting a month ago Cathie bought GM for the very first time and is already -18% on it 😂 I bet most ARKK owners don't even know its in there. Hell I bet they don't know pinterest or roku is either.

Mentions:#GM#ARKK

I agree w/the post suggesting Intel & AMD, but my choice would be TSLA & TM. One of the legacy autos as a counterpoint, anyway. F or GM, etc. COST vs. WMT or TGT

*coughs in owning Ford Stock* to be fair I'm from Detroit Michigan so I also hold GM stocks. Not having a great time on those fronts but Ford is cheaper rn then they typically are. I just hope Ford and GM can keep up with the EVs or the people in power realize, hey us individuals don't make that much pollution, China, India, Vietnam are the 3 largest polluters but nobody says anything about that just my combustible engine 😐 and the 10 largest cargo ships produce more CO2 than every car combined per year. To me switching to EV for anything besides performance is just nonsense but apparently other people don't feel the same way 🤷🏼‍♂️

Mentions:#GM

Broke mostly $F and $GM -30%. 2 share's of $GME over performing legacy auto maker's. Roth IRA. -27%. $LCID. $FSR. $CLOV ($3.21 average) then $CLF, $DVN, $HTZ, $UUUU. All were green at points in time. Not now. 401k index through SP 500 and FTSE because on January 28 the Smart play was GB. Thanks Putin. Did sell my SP Growth fund, small/mid cap for FTSE. So.... Would have been same end result. It's final destination, wallet edition.

I didn't buy that bag of garbage $WISH. Bought Automotive stocks because decent P/E and they always turn a profit. Pretty sure I said I would be attending the next $F shareholders meeting in person. And they pay a dividend. Ten cents a share, to keep buying more. $GM my other losing auto play. As an Auto enthusiast, I invested in what I know. Eventually, they're going to make money. Stock's trade 3 ways. Up. Down. And Sideways.

Mentions:#WISH#GM