11 Best EV Penny Stocks to Buy [Yahoo! Finance]
General Motors Company (GM)
Last general motors company earnings: 2/5 08:05 am
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Source: Yahoo! Finance
Remember the time when everyone thought EVs is the future and you should pour all you have in EV stocks to get rich quick? It didn't take long for the EV euphoria to fade. With major EV stocks and ETFs like Tesla (down 31% in 2024) and iShares Self-Driving EV and Tech ETF (down 16% so far in 2024), one might ask – what on earth happened to EV stocks and should you really invest in EV stocks for the long term What's Happening in the EV Industry? Rising inflation and reluctance of consumers remain major hindrances in EV sales growth. Analysts believe EVs are still on path to overtake combustion engine cars in the long term, but the growth that made EVs all the buzz in the past has clearly slowed down. Data from Motor Intelligence shows that EV sales in the US increased by 47% in 2023, clearly surpassing conventional car sales. But car dealerships are having trouble selling EVs because a huge influx of new models and options as well as after-sales complaints which usually involve ch
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News
- 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
- EV Charging Is Growing Apartment Amenity In Major Xeal, Valiant Deal [Forbes]Forbes
- Scale AI Expands Global Footprint with New United Kingdom Headquarters [Yahoo! Finance]Yahoo! Finance
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