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GM announces third electric pickup after the Hummer and Silverado EVs
https://www.engadget.com/gm-third-electric-pickup-032356371.html
EVs are absolute garbage! Short it into the ground!
https://www.cnbc.com/2021/07/19/gm-confirms-third-electric-pickup-truck-ahead-of-hummer-ev-production.html
$GM Total Debt (mrq) 112.19B
Chip shortage will be offset by reduction in global manufacturing as D variant Covid virus shuts down every other country but America. In house chip manufacturing “boom” will also shave disruptions. Next mission: invest in chips - a US chipmaker.
General Motors expects the ongoing semiconductor chip shortage and rising inflation to increase its expenses during the second half of the year by up to $3 billion, CFO Paul Jacobson said
https://www.cnbc.com/2021/06/16/gm-expects-inflation-semiconductor-shortage-to-add-3-billion-in-extra-costs-in-second-half.html
GM aims to be EV leader - GM is planning to launch 30 new electric vehicles globally by 2025. Many of these vehicles will be based on GM's modular Ultium platform, which will accommodate a wide range of vehicle types. The core of the platform is GM's Ultium battery technology.
Thanks to the Ultium platform, GM has managed to nearly cut its vehicle development time in half. This newfound nimbleness will help the company achieve its goal of delivering over 1 million electric vehicles by 2025. GM is aiming for the top -- the company expects to be the EV market leader in North America by that year.
https://www.fool.com/investing/2021/06/04/gm-and-ford-are-leaving-electric-vehicle-stocks-in/
GM making strides this year. From $23 to $63 - not bad...
https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=gm&insttype=&freq=&show=
Both are great to have in the portfolio
$GM vs $F Ford Motor shares are trading higher after the company reported total U.S. sales of 161,752 vehicles in May and a 184% increase in electric vehicles.
Ford $F and $GM Ford, GM Look Revved Up For New Highs
https://www.benzinga.com/trading-ideas/long-ideas/21/06/21428699/ford-gm-look-revved-up-for-new-highs
shit about to hit the fan
The shit about to hit the fan in the EV market ! The price of electric cars and trucks could see a moon shot !
https://www.mining.com/drc-bans-export-of-cobalt-copper-concentrate-fastmarkets/
chip shortage really hurt this one and the sector
... MARY BARRA HAS TO GO ... $GM
We won’t stop until she is replaced by a BIPOC woman and the entire company is given a complete facelift. All the executives at $GM are profiting off of privilege when it is supposed to be talent and hard work.
#TakeProfits #EatLOSSES
General Motors Reveals EV Investment Map For US:
https://insideevs.com/news/501548/gm-ev-investment-map-us/
GM to build $2.3B battery plant for electric vehicles in Tennessee:
https://www.freep.com/story/money/cars/general-motors/2021/04/16/gm-battery-plant-electric-vehicles-spring-hill-tennessee/7240041002/
GM Dropped an EV Battery Bombshell. The Market Hasn’t Noticed: https://www.barrons.com/articles/gm-dropped-an-ev-battery-bombshell-the-market-hasnt-noticed-51618590875
... MARY BARRA IS A RACIST ... $GM
Byron Allen, the owner of the Weather Channel, took out a full-page ad in the Detroit Free Press Sunday calling General Motors CEO Marry Barra racist.
Allen, along with rapper Ice Cube and several owners of Black-owned media companies allege Barra has refused to meet with them “consistently, over time and after multiple requests.”
“General Motors spends billions of dollars in advertising and less than 0.5% goes to Black Owned Media. This is horrendous, considering that we as African Americans make up approximately 14% of the population in America and we spend billions buying your vehicles,” the ad states. - source
Here's my super outrageous totally off the wall conspiracy theory:
Wall St finally understanding that GM is gonna do really, really well with this EV strategy. And until the EVs start coming in big quantities, they'll be making massive profits on full-size pickups and SUVs, Corvette, and a resurgent Cadillac.
China is pretty much minting money.
Thanks for the technical analysis
Just a little back test today. when a new top is hit, there's a back test that makes a cup. . You see on daily, there's 3 tops now, each were preceded by cups/back tests of support. Once cup refiles then Ba boom! a Handle pops out, shorts cover for a bit and up she goes.
Patience. are like catching a golden cross. U no chase a golden cross, U find em before it crosses and hang on for the ride. Triple top's near same thing, catch it before or as it begins to occur. It's Confirmed with the third hit last Friday.
GM Daily Chart: Getty-up, U are begging a triple top break out following the W pattern. Latter up another level of support to new highs: [wink[,
This is on very solid ground as long as the markets hold up which I believe they will bounce. Great place to invest in GM if you have not already
GM is better than F, but that isn't saying much.
Had a chance to buy more shares on the chip shortage. GM is going to be big!
That’s just not southern hospitality
Oh well
Try again tomorrow
Send me your hot pic
It may not be in production for a while but the stock will just keep going up.
And when it starts hitting with all eight cylinders, it will be unstoppable.
The entire world will need it
no production until 2024.
* * $GM Video Chart 01-19-2021 * *
Link to Video - click here to watch the technical chart video
GM's EV Ultium Battery Mass Production Plant Construction in Lordstown, Ohio is underway since early 2020.
https://media.gm.com/media/us/en/gm/ev.detail.html/content/Pages/news/us/en/2020/jul/0729-ultium-cells.html
GM To Begin Producing New Line Of Electric Commercial Vans This Year In Canada
https://finance.yahoo.com/news/gm-begin-producing-line-electric-181111490.html
Our Path to an All-Electric Future
https://www.gm.com/electric-vehicles.html
https://www.gmexhibitzero.com/exhibits.html
They will have some incredible models in production soon. They expect to have 20 models by 2023 and 30 models by 2025. Imagine where the stock may be in 2025
IMO... the relaunch Bronco and Bronco Sport will catapult $F to profitability. Just praying that the quality lives up to advanced hype but strongly considering buying one of the higher end Broncos myself. Good luck!
mnxxf and F are the only ones I have not traded in this group. yeah love some of those old cars.
im considering buying F they just have so many darn shares and not making money yet
For the EV Market
I'm in $QS, $TSLA, $F, took a chance on $MNXXF... $PLUG is looking real good.
Looking at a few others... Like $THCB
$GM is Great My first car was a 1974 Chevy Monte Carlo Love that car.
what are your other top few?
Yes that is why I'm getting in to as many of these plays as possible.
$GM is one of the best as you stated.
The small EV makers will do well but they can not compete with a GM. GM appears the most willing to embrace the EV transition. This will give them a big head start. really good times ahead
I bet the new administration will love GM plans
Definitely possible, the entire industry is vamping up.
$GM
a lot bigger than most think right now. I am looking at the next several years ahead. Hundreds per share
I can see that $GM has a vehicle for almost everyone.
$GM
I think they will end up leading the pack
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