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General Motors Company (GM)

NYSE - Nasdaq Real Time Price. Currency in USD
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29.63+0.89 (+3.10%)
As of 3:55PM EDT. Market open.
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  • a
    alajah
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    psce.pw
    Bullish
  • M
    Mazz
    "Our transaction with Nikola has not closed," a GM spokesperson said Monday in an email. "We are continuing our discussions with Nikola and will provide further updates when appropriate or required."
    CEO with multiple sexual assault accusations
    False claims about hydrogen production at low price
    Truck rolling down a hill
    False claims about revolutionary battery technology
    False claims about fuel cell technology
    False claims about Nikola TRE trucks coming out of production lines
    The list goes on and on.
    Due diligence from GM??
    The deal is over or GM will fall with Nikola.
    #NKLA #GM
  • R
    Russ
    after the dust settles gm will own more then 22% of nkla. this is a great time to own gm stock
  • M
    Mazz
    GM's policies on vendors "WINNING WITH INTEGRITY / We Do What's Right" p.29

    Q – One of our vendors is under investigation for
    dishonest accounting practices. Since it doesn’t
    affect GM directly, it’s not our problem, right?

    A – No, that’s not right. We expect everyone
    we work with to operate ethically. The vendor’s
    practices could affect their ability to serve our
    needs and subject GM to reputational harm.
    You should report the matter right away so
    that we can respond appropriately.

    GM's NKLA deal comes up 30SEP. Wonder what they'll do?
  • S
    Sungyeon
    im glad i sold all my shares after Nikola partnership!
    Bearish
  • E
    Eric
    I bought GM yesterday and today guys. The TSLA deal will benefit GM greatly indeed which is free $$$ here.... IMO
  • M
    Mazz
    Reality is that even if GM wanted to sign the deal, they would have to wait for the 75 lawsuits to end. If Nikola have to pay billions to shareholders after the lawsuits,GM dont want to have 11% of this burden
  • M
    Michael
    DETROIT (Reuters) - Nikola Corp Chief Executive Mark Russell said on Wednesday he remains confident the electric and hydrogen fuel cell vehicle startup will close a deal with an energy partner and talks to finalize an alliance with General Motors Co continue.
    There had been reports Nikola's talks with energy firms including BP Plc had stalled, but Russell told Reuters he is confident Nikola will still announce by year-end a collaboration with an energy firm to build hydrogen-refueling stations.
    "We've talked to all of those folks and those discussions are continuing," he said in an interview. "We're confident that we're still going to hit the milestones laid out there of announcing a partner by the end of the year and getting stations going starting next year."
  • E
    Eric
    I bought both NKLA & GM yesterday due to EXTENDING talk and it means the deal will close definitely!
  • k
    karl
    The silence from GM is deafening, it easy to to say we have full tested or we have not fully tested the Nikola EV claims, simple but every time they talk about Nikola they we have confidence,what having confidence means, the only way to have confidence is to have tested the Nikola claims by a group of engineers, so have a group of engineers fully tested or not? You are not politicians your management need to tell shareholders if you screwd up making that decision acquiring shares in Nikola. In my opinion they answered that by saying that they are developing their fully integrated EV system that means shareholders do not get upset if Nikola is not what expected ,and we are developing our own. I do not think management going to admit they are making a mistake and GM stock will keep sliding till they put this mistake behind them and the only way to do that is to stop being politicians and tell the truth
  • T
    Thomas
    GM isnt know for having the best and brightest in their management. their track record proves it.
    Bearish
  • S
    Stacey Kronch
    Hey GM you can save face by walking away. A quick short term welt under the eye is forgotten. A permanent reminder of deception will haunt you for many years.
    Neutral
  • M
    Mazz
    Nikola Corporation
    GM : We are discussing with Nikola... If they were about to close a deal they would say: We are finalizing the paper work and expect to sign the deal tomorrow.
    Learn to read between lines, there is no deal. Game over. #GM #NKLA
  • S
    Sabes
    Maybe tomorrow Mary Barra needs to announce that GM will walk away from NKLA, admit her and GM's mistakes for lack of proper diligence of researching NKLA, and announce her resignation effective immediately.
  • E
    EVs4Ever
    Why hasn't GM made more investments in EV technology in the past 8 years? Tesla came out with the Model S in 2012 and they still don't anything that can compete with it! Cybertruck coming next year w/ 4680 cells will eat at GM's profits immensely. The Lyriq looks nice but still just a "Show Car" and at what price?
    Bearish
  • D
    Devin
    what am I missing. four months ago gm announced it's modular ultium batteries. they say will give a car a 400 mile range. tesla just now has battery day. I was something some analyst bullish on tesla talking about 400 mile range three years fr now and once scale is built they can lower the price of the car. seems gm is ahead and will be using the tech is the her they release next year. the other big thing I heard tesla will make more of the batteries something gm is already announced
  • k
    karl
    Next time I find some drawings in a garage sale would I then own an EV company ? Then take them to GM for 2 billion dollars
  • B
    Bowers__Mom
    GM will repay $28M to Ohio in Tax Incentives after closing plant..OUCH!!
  • E
    Eric
    Unfortunately, GM's good name will be tarnished by all of this bad press. In an effort to bolster their EV offerings, they grasped at straws and ended up with the short one, Nikola. Moves like that make you question the leadership and vision of a company.
    Bearish
  • F
    Followup
    GM should spin off its EV unit with its own IPO or through a SPAC, which will do the work and fund raising with VCs.