Why your new car costs so much

Investment Analysis Clubs Macro Economic Trends and Risks
1

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?

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2

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

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