1min chapter

Automotive News Daily Drive cover image

July 24, 2024 | Alphabet bets $5 billion on Waymo; Tesla profit tumbles on lower sales

Automotive News Daily Drive

CHAPTER

GM's Profits Contrast with Market Challenges

This chapter examines General Motors' unexpected profit report against Tesla's poor earnings, while also addressing the subsequent drop in GM's stock. It highlights the competition in the EV market and GM's strategies to navigate challenges in both traditional and electric vehicle segments.

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