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Old 11-30-2023, 08:56 PM   #1403
Martinjlm
Retired fr GM + SP Global
 
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Drives: 2017 Camaro Fifty SS Convertible
Join Date: Mar 2017
Location: Detroit
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Quote:
Originally Posted by olrocker View Post
If there was any question EVs will never be more than a niche outlier in the automotive industry, here’s your proof. GM’s buying back $10b in stock with finances saved by scaling down future EV investment:

https://www.msn.com/en-us/money/comp...69fd2263&ei=11
Their buying the stock back because it’s down 28%, so basically, it’s on sale.
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