General Motors: Market's Perception vs. Reality

Despite General Motors' advancements in electric and self-driving cars, the market seems to have a negative perception of the company, with flat stock prices and limited price appreciation. The market believes that the company's potential cash flow growth might be hindered by incremental investments and lower operating margins. There are also doubts about the overestimation of revenue growth from its technology. However, with a focus on analyzing the basic unit of analysis and understanding the company's potential as a legacy automaker or a growing self-driving car provider, investors can develop a fresh perspective on General Motors.