HomeIndustriesVehicles & TransportationGeneral Motors (GM) Targets 100K E.V.s in 2H23

General Motors (GM) Targets 100K E.V.s in 2H23

General Motors (GM) raised its full-year guidance two times in 2023. Its FY EPS is estimated at $7.15-$8.15 and FY EBITDA is estimated at $12B-$14B. Paul Jacobson discusses GM and the E.V. space. GM has produced 50K E.V.s in North America in 1H23 and they are targeting 100K in 2H23. Paul then talks about how UAW members have until August 24th to authorize a strike. He also forecasts what's next for GM, highlighting their autonomous rideshare business and the greenlight to operate in 24/7 in San Franciso. Tune in to find out more about the stock market today.

Trading 360

21 Aug 2023

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