GM's EV profit push

[ribeye00]

GM's CFO is talking big numbers about EV profits aiming for billions in improvements by 2025. Sounds like they're finally getting some traction after dumping loads of cash into electrics thanks to cost cutting and those tax credits. They're pumping out EVs like the Lyriq and Blazer and saying they'll hit positive profits this year then roll out even more next year like the Optiq and new Bolt. But is it all just hype coz I'm wondering if those profit goals are realistic with all the competition out there.

 

[Hawky]

GM’s EV goals are impressive, but with fierce competition and rapidly evolving technology, reaching billions in profit may be optimistic, but cost-cutting and tax credits could fuel their growth if executed effectively.