General Motors Company (NYSE:GM) has been a key point of interest for investors lately. Its share price is witnessing fluctuations with rising anticipation over a
clear ramp to $53. Speculation is rife over whether GM could rival Tesla in
EV sales by 2026. Adding to the interest, the company recently announced a hefty
$4B injection in U.S. plants and an investment of
$888m at its Tonawanda Propulsion plant. Amid these developments, Jim Cramer expressed concerns over GM while hailing its resilience in handling 'shocks.' Meanwhile, GM has shown decent Q1 sales growth and announced significant investments in its American manufacturing plants. The company also approached legislators to reconsider
California’s Electric Vehicle Mandate. However, concerns around tariffs and their impact on production persist, with GM anticipating tariff-related costs up to
$5bn. The possible effects of tariffs on GM's performance have spurred different evaluations, ranging from being a technical buy to potentially posing as a value trap.
General Motors Company GM News Analytics from Tue, 24 Dec 2024 08:00:00 GMT to Fri, 20 Jun 2025 23:15:55 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -2
