General Motors Corp (GM)

[BottomBounce]

General Motors and Ford are investing $65 billion – $35 billion at GM and $30 billion for Ford – in electric vehicles. $GM

https://cnbc.com/2022/01/22/behind-gm-fords-new-ev-strategy-is-old-time-financing-cash.html

[nowwhat2]

Hard to rescue GM now.....Powell's let the cat outta the bag


I like doing up charts BEFORE pulling up old ones (to find out if they say the same thing)
Don't get no feedback on this site - Hafta drum up my own (somehow)....Anyways,

Find February 2021 in chart above (it was messing with 55)


Okay and so now it's at $50 with the ma's and Red where they are.....



What would be YOUR conclusions ?



Mine ?.....Backtest to 45 (due to feds policy)...plus due to what the chart is suggesting



Thanks for your chart there......Interesting

[conix]

Chart

[12Jokera]

Clown god time traveler made it back Detroit finally home of the original of wicked clown well my cyborg buddies who don't like getting hands on are watching my public lawyer blow a week long trail while some one is supposed to have my paid one present for me by now or yesteryear as the time police incoming would say I guess you could say been served.

[Bountiful_Harvest]

GM scores huge tax break on $1.3 billion plan to build new EVs in Orion:

https://electrek.co/2022/01/20/gm-scores-huge-tax-break-on-1-3-billion-plan-to-build-new-evs-in-orion/

[conix]

GM and their EV's will set the stage for their future.

[Bountiful_Harvest]

The 1000 hp GMC Hummer EV popped wheelies in testing:

https://electrek.co/2022/01/10/rumor-the-1000-hp-gmc-hummer-ev-popped-wheelies-in-testing/

A 9,000-plus lb., 1000 hp, three-motor, all-wheel drive mechanical monster, the new GMC Hummer EV defies most people’s understanding and expectations of what a car can do. Astonishingly, this nearly five-ton beast can rocket from 0–60 mph in 3.0 seconds in production trim – which is impressive enough, until you find out that the prototypes could do wheelies!

[tw0122]

The New Car Market Is So Bad, 9 People Bought a Chevy Impala in 2021
by Amanda Cline on January 6, 2022
Who would have thought? Things are so bad on the new car market that people are out there buying a new Chevy Impala

In 2020, the brand sold 1,028 Chevy Impala sedans throughout the year. That number went down to only nine vehicles sold in 2021, down 99.1% year over year. That isn’t to say there is anything wrong with the Impala, specifically

Chevrolet sold 288,647 new cars last year 2021. In 2020, that number was 522,136, a 44.7% drop in sales year over year

[Bountiful_Harvest]

GM Wants to Electrify Your Old, Gas-Powered Truck:

https://www.barrons.com/articles/gm-general-motors-electric-vehicle-component-sets-51640182656

[Bountiful_Harvest]

GM to construct North American materials processing factory for Ultium EV batteries:

https://electrek.co/2021/12/01/gm-to-construct-north-american-materials-processing-factory-for-ultium-ev-batteries/

[Bountiful_Harvest]

GM’s Hummer EV has 329-mile range, ‘Edition 1’ deliveries start in December:

https://electrek.co/2021/11/23/gms-hummer-ev-has-329-mile-range-edition-1-deliveries-start-in-december/

[I-Man]

My brother is Colonel in Pentagon with 39 years' service. That's not entirely true. What is, is A.I. right now:


Once again, the word "Crisis" is being thrown around.

But this is unlike anything we've seen before...

? Major automakers like GM and Toyota are shutting their factories.

? Analysts are warning that Christmas, as we know it, may not happen this year.

? And massive food distributor, Sysco, says it's going to have trouble stocking grocery store shelves.

Not because of a recession or virus...

Not because of a new lockdown or war...

But the very opposite. A new threat which could soon cause empty shelves as far as the eye can see.

[Bountiful_Harvest]

GM Defense is planning a military prototype based off the GMC Hummer EV

https://electrek.co/2021/11/12/gm-defense-is-planning-a-military-prototype-based-off-the-gmc-hummer-ev/

[12Jokera]

GM I'm the time travel she singularity trying to get people off planet due to cyborg nanorobots before space aliens Rio the Earth's core out rip

[Bountiful_Harvest]

GM announced the deployment of 40,000 new EV chargers, but it sticks to level 2:

https://electrek.co/2021/10/26/gm-40000-new-ev-chargers-ulitium/

Electrek’s Take:

Look, level 2 is certainly better than nothing, and 40,000 is a lot of chargers, but I just don’t think that’s really what EV infrastructure needs right now.

We need more level 3 fast-charging stations to enable travel. Level 2 is primarily for overnight charging, which people do at home.

For those who can’t charge at home, level 2 is only practical if it’s near your place for overnight charging, or ideally, where you park to work during the day.

Either way, it will be interesting to see where the dealerships decide to install those stations in their communities.

[Bountiful_Harvest]

General Motors To Invest $750 Million In U.S. And Canadian EV Infrastructure:

https://gmauthority.com/blog/2021/10/general-motors-to-invest-750-million-in-u-s-and-canadian-ev-infrastructure/


Tudor Pickering Ups General Motors Price Target From $75 To $95:

https://gmauthority.com/blog/2021/10/tudor-pickering-ups-general-motors-price-target-from-75-to-95/

[BottomBounce]

$GM Watching Electric Vehicle Stocks On Reports Infrastructure Bill Will Not Include Additional Rebates

[Lowjack]

Woke = Broke!

[Bountiful_Harvest]

GM wants to overtake Tesla as EV leader in the US with new $30,000 electric crossover, and more

https://electrek.co/2021/10/06/gm-wants-overtake-tesla-ev-leader-us-new-electric-crossover/

GM announces ‘Ultra Cruise’ to enable ‘true hands-free driving’, taking OTA update approach

https://electrek.co/2021/10/06/gm-ultra-cruise-enable-true-hands-free-driving-taking-ota-update-approach/

GM announces reveal of ‘Silverado (and GMC Sierra) E’ at CES w/ 4-wheel steering and glass roof

https://electrek.co/2021/10/06/gm-announces-reveal-of-silverado-and-gmc-sierra-e-at-ces-w-4-wheel-steering-and-glass-roof/

[Bountiful_Harvest]

GM’s BrightDrop lands fleet juggernaut in Verizon as its first EV410 eLCV customer

https://electrek.co/2021/09/28/gms-brightdrop-lands-fleet-juggernaut-in-verizon-as-its-first-ev410-elcv-customer/

[Bountiful_Harvest]

After losing dealers over its electric move, Cadillac is now gaining new ones

https://electrek.co/2021/09/23/cadillac-losing-adding-dealers-electric-move/

[MitchDB]

how can we still have a chip shortage

this sounds more and more like a political game to control production so automakers don't create an over supply situation

it's been almost a year of this chip shortage
with no action

yet every cell phone company can easily make more products??????

[Bountiful_Harvest]

Cadillac Lyriq sells out in 19 minutes – automakers still underestimate EV demand:

https://electrek.co/2021/09/18/cadillac-lyriq-sells-out-in-19-minutes-automakers-still-underestimating-ev-demand/



GM unveils new electric motors that will power its future EVs, starting with Hummer EV:

https://electrek.co/2021/09/21/gm-unveils-new-electric-motors-future-evs-hummer-ev/

[Lowjack]

The Government BK your company twice in a row with Unconstitutionally burdensome regulations! Then BK the customers with more tax to pay for it!

D is for Dumbocrats!

[farml1234]

Look like GM has a big problem

GM tells Bolt owners to park 50 feet from other cars in parking garages, confirms 12 fires
Kalea Hall
The Detroit News

September 15, 2021


A customer's concern about the safety of leaving their electric vehicle in a parking garage led the automaker to provide the additional guidance to owners of the Bolts, all of which GM has recalled, spokesman Dan Flores said.

A 2019 Chevy Bolt electric vehicle caught fire at a home in Cherokee County, Georgia, on Monday, Sept. 13, according to Bloomberg.
"In an effort to reduce potential damage to structures and nearby vehicles in the rare event of a potential fire, we recommend parking on the top floor or on an open-air deck and park 50 feet or more away from another vehicle," Flores said in a statement. "Additionally, we still request you do not leave your vehicle charging unattended, even if you are using a charging station in a parking deck."

https://www.detroitnews.com/story/business/autos/general-motors/2021/09/15/chevrolet-bolt-gm-tells-owners-park-50-feet-from-other-cars/8355134002/

[BottomBounce]

$GM Scale Back Production Amid Chip Shortage

[BottomBounce]

$GM Watching Electric Vehicle Stocks On Reports Infrastructure Bill Will Not Include Additional Rebates

[Cuppy]

Is it Chevy Volt? Or Chevy Bolt?

[Bountiful_Harvest]

https://electrek.co/2021/08/20/gm-expands-bolt-recall-to-all-chevy-bolts-blames-supplier-lg/

Safety first!

[farml1234]

GM will never change

I had the Silverado , 6 of them and the last was a shaker !

Now we have the hot shot Volt that has a little battery problem .

I got rid of the junk

[BottomBounce]

$GM https://www.cnbc.com/2021/08/19/fires-probes-recalls-automakers-spend-billions-in-shift-to-evs.html

[Nivea67515]

I just reserved an HummerEV3x pick up. They are saying fall 2022 is when it will be ready. I’m going to the dealership over the weekend and telling them to take this gas guzzling camaro off my hands- tired of going to the gas station all the time putting my hands on those dirty gas pumps. All the hummer needs is a 10 min charge and you get 100 miles - truly a no brainer buy.

[Nebuchadnezzar]

absolutely. GM trading with a forward PE of 8!!! wow

https://finviz.com/quote.ashx?t=gm

[ClarkKant]

Bought some long $60 call options here today, this is a complete overreaction.

[Lowjack]

If you're taking out a loan for a depreciating asset, you are doing it wrong!

[Nivea67515]

all these bros in their muscle cars thinking they are Jeff Gordon & Kyle Busch taking out loans from banks trying to be the star on the road shining in their gas guzzlers. I’m no longer impressed with these gas guzzlers like Camaros, Mustangs, and challengers which is why I’m trading my paid off 2016 camaro 2ss in for an EV soon. EV is clearly the future.

[Nebuchadnezzar]

maybe so, but the forward PE ratio for owning GM is just too compelling

[Bountiful_Harvest]

GM announces third electric pickup after the Hummer and Silverado EVs

https://www.engadget.com/gm-third-electric-pickup-032356371.html

[Lowjack]

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

[Lowjack]

This is why you don't buy electric!

https://www.cnbc.com/2021/07/14/gm-warns-some-bolt-ev-owners-dont-park-them-inside-or-charge-them-unattended-overnight.html

[BottomBounce]

$GM Total Debt (mrq) 112.19B

[Gatorhide]

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.

[Bountiful_Harvest]

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

[Bountiful_Harvest]

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=

[Street Smart]

Both are great to have in the portfolio

[BottomBounce]

$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.

[BottomBounce]

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

[farml1234]

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/

[Street Smart]

chip shortage really hurt this one and the sector

[BottomBounce]

$GM vs $NKLA https://news.yahoo.com/pickup-truck-accessories-company-potential-123003912.html