5 reasons why 2021 just might be the year GM’s stock price stands up to Tesla [Yahoo! Finance News]
General Motors Company (GM)
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Source: Yahoo! Finance News
In 2009, General Motors recorded the largest industrialbankruptcy in history with over $170 billion in liabilities. But it emergedfrom Chapter 11 less than two months later and then quickly re-IPO’ed in 2010.Unfortunately, General Motors, , Since Jan. 1, 2011, ’s share price has only risen about50% compared with more than 200% gains for the broader S&P 500 (GSPC) inthe same period. As for Tesla, the upstart EV manufacturer has deliveredjaw-dropping gains of 15,000% when you adjust for its recent split. Even moreimpressive, Tesla has a market capitalization that’s now 10 times that of .It’s difficult to see these numbers and think will ever be worth your attention as an investor. However, the company has notched some significant wins lately that could mean things are turning around.It may never deliver Tesla-like gains, but increasingly 2021 is looking like the year finally proves it has a place in the future of the automotive sector — and that could result in a nice
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News
- Korea Pledges $7 Billion Aid Package for EV Battery Supply Chain [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Korea Pledges $7 Billion Aid Package for EV Battery Supply Chain [BNN Bloomberg (Canada)]BNN Bloomberg
- GM or FOXF: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- UAW efforts to unionize Southern workers gaining momentum [Yahoo! Finance]Yahoo! Finance
- Multiple Team Penske officials suspended for Indy 500 in the wake of IndyCar cheating scandal [USA TODAY]USA TODAY
GM
Earnings
- 4/23/24 - Beat
GM
Sec Filings
- 5/2/24 - Form PX14A6G
- 4/25/24 - Form PX14A6G
- 4/24/24 - Form ARS
- GM's page on the SEC website