GM's $600 Million Robotaxi Problem
General Motors (NYSE: GM) said it would write down the Cruise Origin vehicle and shift strategies at Cruise to utilize the next-generation Bolt EUV. The market didn't like the news, nor did Cruise's co-founder and former CEO. Travis Hoium covers why this move and the $600 million write-off that came with it may have been the best option for GM.
*Stock prices used were end-of-day prices of July 24, 2024. The video was published on July 25, 2024.
Source Fool.com
General Motors Corp Aktie
77,08 €
0,40 %
Die Community sieht General Motors Corp leicht positiv: Mehr Buy- als Sell-Einschätzungen.
Ein positives Kurspotenzial für General Motors Corp ist gegeben, mit einem Kursziel von 83 € über dem aktuellen Kurs von 77.08 €.
