GM's Big Warning for EV Investors
Investors looking for wins in electric vehicles (EVs) have had a brutal couple of years. Well, in its third-quarter earnings report and CEO letter to investors, General Motors (NYSE: GM) may have just issued a warning that things could get worse before they get any better.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down GE's results, what CEO Mary Barra and the company said, and why it matters for investors across the EV space, including legacy automakers GM and Ford (NYSE: F), EV giant Tesla (NASDAQ: TSLA), and EV start-ups like Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID).
*Stock prices used were from the morning of Oct. 24, 2023. The video was published on Oct. 25, 2023.
Source Fool.com
General Motors Corp Stock
€40.52
1.090%
Currently there is a rather positive sentiment for General Motors Corp with 32 Buy predictions and 5 Sell predictions.
With a target price of 45 € there is a slightly positive potential of 11.07% for General Motors Corp compared to the current price of 40.52 €.
