Justin Sullivan/Getty Images These are the days of the vanishing federal EV tax credit. The $7,500 incentive, which has driven growth in the U.S. EV market, is going away at the end of the month. Now, buyers in California aren’t going to see the state government step in with its own version. …
Read More »Tag Archives: Barra
Morgan Stanley’s blunt challenge to GM CEO Mary Barra: ‘How does GM expect to be profitable with EVs when players like Tesla apparently cannot?’
General Motors and its legacy auto industry peers need a bold strategy for the future if they ever want investors to rethink their growth prospects, investment bank Piper Sandler warned on Tuesday. Otherwise their collective tinkering around on the edges with cost cuts here and inventory changes there amount to little more than rearranging the deck chairs on the Titanic, …
Read More »