Why your new car costs so much

Automakers are crying a river about how much capital they are pouring into EV development.

But GM just announced a $6B share buyback, and a divi increase. They authorized a $10B share buyback last fall.

Debt isn’t free right now. So, is GM really extracting that much money from it’s customers, or are the Welchists in charge?


Better investors do not buy car companies. That goes for Telsa as well.

The ride is over, please exit safely to the right.