That’s the first topic in a Wall Steet Journal article today highlighting that GM (and Ford) is having its biggest stock gains in years. While Wall Street is just taking notice of GM, some of us have long noticed the positive performance of the company’s core business over several years which is funding the development of their EV, autonomous and mobility solutions technologies critical to the company’s future. The latest sign of validation for GM’s future is Honda agreeing to utilize the GM designed autonomous test vehicles in Japan before Honda launches its mobility-as-a-service business which will use the GM Cruise Origin self-driving vehicle. This latest news comes on top of last week’s announcement of a $2 billion Microsoft-led investment in the Cruise autonomous driving subsidiary of GM.
Investors are Getting Excited about General Motors Stock
