threelonmusketeers@sh.itjust.works to

Electric Vehicles@lemmy.worldEnglish · 5 months ago

GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion

164

GM had $6 billion to spend on next-gen EVs, chose stock buybacks | opinion

threelonmusketeers@sh.itjust.works to

Electric Vehicles@lemmy.worldEnglish · 5 months ago

Despite delays and mounting competition from Ford, Stellantis, and the Chinese, the GM board decided to NOT invest $6 billion in new product.

Someone ought to make a clown applying makeup on how GM is handling the transition to EVs…

Chat

Blackout@kbin.run
link
fedilink
arrow-up
24
arrow-down
1·
edit-2
5 months ago
“we don’t have money for raises. You see we took that profit you helped us make and gave it back to ourselves. Good luck” - CEO Mary Barra

Electric Vehicles@lemmy.world

evs@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !evs@lemmy.world

A community for the sharing of links, news, and discussion related to Electric Vehicles.

Rules

No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
Be respectful, especially when disagreeing. Everyone should feel welcome here.
No self-promotion
No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
No trolling
Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

112 users / day
766 users / week
2.43K users / month
6.49K users / 6 months
3 local subscribers
3.21K subscribers
1.53K Posts
9.42K Comments
Modlog

mods:
Sunshine @lemmy.ca