It’s get with the program or get left behind in the auto industry. The emergence of the electric vehicle (EV) segment has necessitated a rethink at some of the world’s biggest legacy auto makers. The changing landscape has been duly noted at General Motors (GM), and its efforts to recalibrate are causing Wall Street to look at the auto giant’s value proposition in a different light. Wedbush’s Daniel Ives believes the pivot toward electric vehicles has given the company “new energy and strategic focus,” but it also places it amongst a different breed of car manufacturers.
https://www.tipranks.com/news/article/general-motors-more-than-a-legacy-auto-maker
General Motors (NYSE:GM)
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General Motors (NYSE:GM)
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From Sep 2020 to Sep 2021 Click Here for more General Motors Charts.