GM had $6 billion to spend on EVs, chose stock buybacks

electrek.co

GM had $6 billion to spend on EVs, chose stock buybacks

electrek.co

sabreW4K3@lazysoci.alM to

Electric Vehicles@slrpnk.net · 5 months ago

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

electrek.co

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

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