threelonmusketeers@sh.itjust.worksM to

[Dormant] Electric Vehicles (Moved to !electricvehicles@slrpnk.net)@lemmy.worldEnglish · 7 months ago

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

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

threelonmusketeers@sh.itjust.worksM to

[Dormant] Electric Vehicles (Moved to !electricvehicles@slrpnk.net)@lemmy.worldEnglish · 7 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…

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IamRoot@sh.itjust.works
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7 months ago
You mean the car company that the tax payers were forced to bail out? That GM?

[Dormant] Electric Vehicles (Moved to !electricvehicles@slrpnk.net)@lemmy.world

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