General Motors says it expects its portfolio of electric vehicles to turn a profit in North America by 2025 as it boosts battery and assembly plant capacity to build over 1 million EVs per year.
General Motors says supply chain constraints won't hinder the automaker's goal of reaching electric vehicle profitability by 2025. GM expects its EV portfolio to have “the same margin profile” as

GM Has a New Business: Fixing Tesla's Cars.

03:40pm, Thursday, 17'th Nov 2022
GM had a surprising revelation for Tesla investors at GM's analyst event being held in New York City.
(Kitco News) - Under terms of the agreement, Vale will supply battery grade nickel sulfate, equivalent to 25,000 metric tons per year of contained nickel, for use in GM's Ultium battery cathodes, whic
Shares of GM are up after the company raised its full-year free cash flow guidance and projected EV revenue rising to more than $50 billion in 2025.

Final Trades: GM, CVS, Nextera & more

03:23pm, Thursday, 17'th Nov 2022
The "Halftime Report" traders give their top picks to watch for the second half.

GM raises 2022 guidance on hopes for EVs

03:17pm, Thursday, 17'th Nov 2022
General Motors Co. GM, -0.04% on Thursday raised its guidance for the year, saying it expects its EV portfolio in North American to be profitable in a couple of years as it ramps up EV capacity in the
General Motors Company (NYSE: GM) is in focus on Thursday after the automaker said it will achieve an important EV milestone years ahead of schedule. Inflation Reduction Act to benefit GM The car comp
General Motors Co. GM, -0.78% said Thursday its delivery and logistics unit BrightDrop was on pace to reach $1 billion in revenue next year, and on pace to $10 billion in revenue and reach 20% profit
GM EV subsidiary BrightDrop, which focuses on all-electric delivery vans for customers including Walmart and FedEx, is expecting $1 billion in sales in 2023.
Shares of General Motors Co. GM, +0.96% reversed course in midday trading Thursday, rising 0.7% as the auto maker's investor day got underway and Chief Executive Mary Barra reaffirmed GM's goal of pro
General Motors president Mark Reuss said the automaker isn't ready to abandon internal combustion engine vehicles as it transforms into an EV maker.
The event will focus on General Motors' plans through 2025, including "rapid scaling" of its new EVs and "Ultifi" software initiatives.
The automotive industry is likely the last place you'd look for recession-proof stocks -- but this one is incredibly unique, and investors should take notice.

7 Meme Stocks That Are Actually Worth Betting On

06:45pm, Wednesday, 16'th Nov 2022
In 2021, meme stocks or investments that generated intense grassroots interest (typically via public internet forms) were all the rage. In 2022? Not so much.
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