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Auto Manufacturers $GM vs $NIO
https://hellostake.com/au/invest/wall-st/compare/nio-vs-gm
Maybe, maybe not. I think it is built in loss
Looks like GM is going to try to break the record high of $50.50 again soon
Massive layoffs announced this morning as new car market slows down dramatically
GM - Just keeps making new highs. Pre-market is doing it again.
Another new high this morning at $50 a share
Detroit plant on fire. Breaking news
Each Electric Vehicle contains between 25 and 50 grams of silver, depending on the model, and hybrid cars use 18 to 34 grams of silver.
https://twitter.com/silverbars $GM
Wait what?? LOL
:)
When one loses another wins. Such is the market. Short term trades are all I do. It's been an easy market to read the past 2 months. Treasury yields falling and the market climbs since Friday. Easy money. Good luck to you bud.
TRUST: Why am I not surprised AST ALL to find you on this board?
The ONLY GM car I ever owned after my initial brush with a Chevy Malibu was an Oldsmobile Custom Cruiser. NEVER AGAIN!
Hi Moon: Fancy seeing you here on the LOSER's board....
Unreal! And they say that TSLA is in a bubble...
As long as GM is investing its own money, and is not taxpayer-funded, it can bet all it wants....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172704028 $GM and $GOEV oversold ?
China's passenger vehicle sales fell for a second month in July, as discounts and government support measures failed to persuade consumers wary of buying cars amid a sputtering economy and a prolonged slump in the housing market.
Automakers are concerned about a demand slowdown as the world's second-largest economy loses its post-pandemic bounce.
Car sales totalled 1.79 million units in July, down 2.6% from last year, data from the China Passenger Car Association (CPCA) showed, the second contraction in a row after a 2.9% slide in June.
https://www.reuters.com/business/autos-transportation/chinas-car-sales-fall-2nd-month-july-price-war-continues-2023-08-08/#:~:text=Automakers%20are%20concerned%20about%20a,a%202.9%25%20slide%20in%20June. $GM
Electric Car Sales Growth Slows in US as Inventory Builds Up
https://www.bloomberg.com/news/articles/2023-07-06/electric-vehicle-sales-growth-slows-in-us-as-inventory-builds-up#xj4y7vzkg $GM
$GM Total Debt (mrq) $120.92 Billion
General Motors
GM invests big bucks in battery startup in a bet on new chemistry:
https://electrek.co/2023/08/16/gm-invests-big-bucks-in-battery-startup-in-a-bet-on-new-chemistry/
Electric Semi Trucks https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172598663
$GM $MULN
GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco
August 11, 2023
https://www.investopedia.com/alphabet-s-waymo-and-gm-s-cruise-win-approval-to-expand-robotaxi-services-in-san-francisco-7642342
https://wolfstreet.com/2023/08/11/full-commercialization-of-robotaxis-has-arrived-in-san-francisco/
Woke = Broke!
https://www.cnbc.com/2023/06/27/lordstown-motors-files-for-bankruptcy-protection-sues-foxconn.html
Word is you still owe Ohio $60M+ damages for breach of contract. Going to be hard to make money with products that nobody will buy! Perhaps you can get some of that back by suing the EPA for unconstitutionally burdensome regulations that you helped draft!
Breaking news: musk to talk with GM CEO on charging stations for ev. As per what his tweet said.
Happening in 3 minutes.
https://twitter.com/i/spaces/1OwxWwQOPlNxQ
RIP General Motors I’m happy to say I never was a fan of your products…except for my Cadillac but we have Teslas now anyways.
Electric vehicles are exploding from water damage after Hurricane Ian, top Florida official warns
https://www.foxnews.com/politics/electric-vehicles-exploding-water-damage-hurricane-ian-top-florida-official-warns $F
$MULN EV maker Mullen recently taped ex- $GM executive John Schwegman
Former GM exec John Schwegman will be the electric vehicle maker's chief commercial officer. https://www.autonews.com/executives/ev-maker-mullen-taps-ex-gm-executive-john-schwegman
Mullen Automotive Hires Former GM Executive John Schwegman To Oversee EV Growth https://www.benzinga.com/news/22/10/29360179/mullen-automotive-hires-former-gm-executive-john-schwegman-to-oversee-ev-growth $GM $MULN
Shares of several companies in the auto & auto component space are trading lower amid overall market weakness following better-than-expected U.S. unemployment data, which could weigh on consumer spending as it dims the outlook of a Fed policy pivot. $GM