GM
General Motors Company
stock NYSE

Fucking E-Trade restricted trading on General Motors too on that day, because people are too dumb to type the entire GME and some people aped into GM as well. It was quite annoying because I actually wanted to buy General Motors stock that day and could only buy 1 share (!!).
Lots of other brokerages were doing weird things to stem the tide of stupid risky bets

You just delivered the ultimate self-own. Do you know *where* Tesla got that first factory? They bought the NUMMI plant in Fremont from Toyota and GM for a heavily discounted **$42 million** in May 2010, using Elon Musk’s own personal capital from equity deals, months *before* a single dollar of the Department of Energy loan was actually disbursed.
The government loan didn't fund the factory purchase or invent the car; it was a matching-fund facility used to scale up the factory assembly lines *after* Musk had already secured the facility and proven the technology with his own wealth. You keep trying to rewrite history to make it look like the state built Tesla, but the government only showed up with funding after Musk risked his entire personal fortune to buy the infrastructure first. Take the L.

ex SBC maybe
they're running inference at a like 70 or 80% GM, though.

GM and hope all holding up and getting along ☕️☕️
best thing is it’s soft drug Friday 😮‍💨 ✌️
quick update, sold some clang and boomer dividend stonks and moved across the country. fully retired now, and just going to lead a debt free and intentional life. some DriveAbots and get fit 💪
heading into N’ville today to trade the wife’s f150 in for a Cadillac at6 from a vending machine. she wanted a mid size suv w bench back seats for her doggo.
still sporting the MYP and loving it
to a good weekend
https://preview.redd.it/m7btivf7t6fh1.jpeg?width=554&format=pjpg&auto=webp&s=4caf9290fe144915621460820d163b27e0d3c806

Fucking E-Trade restricted trading on General Motors too on that day, because people are too dumb to type the entire GME and some people aped into GM as well. It was quite annoying because I actually wanted to buy General Motors stock that day and could only buy 1 share (!!).
Lots of other brokerages were doing weird things to stem the tide of stupid risky bets

You just delivered the ultimate self-own. Do you know *where* Tesla got that first factory? They bought the NUMMI plant in Fremont from Toyota and GM for a heavily discounted **$42 million** in May 2010, using Elon Musk’s own personal capital from equity deals, months *before* a single dollar of the Department of Energy loan was actually disbursed.
The government loan didn't fund the factory purchase or invent the car; it was a matching-fund facility used to scale up the factory assembly lines *after* Musk had already secured the facility and proven the technology with his own wealth. You keep trying to rewrite history to make it look like the state built Tesla, but the government only showed up with funding after Musk risked his entire personal fortune to buy the infrastructure first. Take the L.

ex SBC maybe
they're running inference at a like 70 or 80% GM, though.

GM and hope all holding up and getting along ☕️☕️
best thing is it’s soft drug Friday 😮‍💨 ✌️
quick update, sold some clang and boomer dividend stonks and moved across the country. fully retired now, and just going to lead a debt free and intentional life. some DriveAbots and get fit 💪
heading into N’ville today to trade the wife’s f150 in for a Cadillac at6 from a vending machine. she wanted a mid size suv w bench back seats for her doggo.
still sporting the MYP and loving it
to a good weekend
https://preview.redd.it/m7btivf7t6fh1.jpeg?width=554&format=pjpg&auto=webp&s=4caf9290fe144915621460820d163b27e0d3c806

I don't know, Tesla at least is pushing P/E 300. That one will plummet in an AI bust since its P/E is 98% AI speculation by comps (compared to Kia, GM, etc.)

They don’t have “high prices” really.
A model y long range cost about the same as my Mazda cx50 hybrid.
The manufacturing capabilities are the fact that they produce more cars per hour than any other automotive production line in the world. A car pulls out off their Shanghai line every 35 seconds. Their newest car they are aiming for a fraction of that.
Which GM automotive line is pulling cars off the line that quickly? They are not period. That cost money…and eats into margins.
The point here is they produce cars fast at high margins NOT so much because of the price which is pretty inline for its market and features but because its designed in a way to be able to be built fast.
Sub 35 seconds per station on an entire start to finish final assembly line is impressive AF. I have built lighting assembly cells with slower per station cycle times.

Sources for the profitability? Because it never happened, during the 1980’s Saab was owned by Scania (and having operated at a loss during the 1970’s at a loss) and possibly generated a profit, no actual sources beside ”I said so is presented” with the claim”. Saab was a horrible auto manufacturer that should have been put out of its misery at the latest before the GM takeover, but Saab-stan logic is ”duuur, coulda shoulda and accumulated losses doesn’t matter because Trollhättan, GM bad, Swedish government bad, Saab good”.
I note that no sources for the profitability has been presented, I hereby decline further interaction and leave you to continue your fantasy about Saab being anything except a drain on Swedish industry.

Saab (the auto maker) was sometimes profitable, they had their issues, but GM wanting to rebadge cars because that how it works in the US was just dumb (and you know that).
Trabant was taken over by VW and ironically still builds in Zwickau, so that is still going on. 
The car side made profits up to mid 80s when the Swedish crown made life difficult for all Swedish manufacturing. It was also during that period they opened one of the best European assembly lines as a joint venture with Valmet.
Would Koenigsegg have made a difference? We don't know. Same with Spyker and Nevs, what is quite clear was the lack of American understanding on European brands, that's for sure. 
Hence Opel/Vauxhall was sold as well

With CA Honda, GM, Toyota plants dropping shifts to move production to the states to avoid tariffs, CA is completely fcuking their industry by importing from CN.

So is more AI CapEX spending bad, because it means that companies will never recoup their investment, and therefore AMD, MU, and NVDA will lose future orders and fail in some future timeframe?
Or is more AI CapEX spending good for AMD, MU, and NVDA, becuase they are selling more chips?
It is a nonsensical argument. If GM sells more cars this quarter, does the stock go down, because it signals that they will sell less cars next year? Good is bad; up is down.
I mean, what are we doing here? GOOG is not run by a bunch of idiots. If they are spending, then is a good reason for it.

Saab the auto manufacturer was never profitable and always an abysmal failure. NO company wanted to own or operate Saab automobiles besides GM, the Trollhättan delusions will not change that fact. That people lost there jobs is obviously sad for them but no sadder than the people building the Trabant loosing their job.
The claim that Saab automobiles was ever profitable demands proof, please provide such proof.

GM TM and 4LK. Happy Thursday! 🚀💎

That's just factually wrong, it was profitable for many years, since no "non-profitable" business would survive for decades (even with subsidies). 
GM tried to make what they tried (and failed in the US), in that a Saab would just be a rebadged Opel. Hence we got some classics like the Saabaru and what ever SUV monstrosity they built for the US only.
On top of which when other owners showed up, GM really fucked things over for the employees in Sweden, by making an absolute mess of the sale.
Many factors played in the life of Saab, but the Americans were truly the worst part of it. Much like Volvo under Ford...what a mess.

Fair challenge, but you’re moving the goalposts slightly. I said prediction markets can provide useful portfolio signals, not that every probability change automatically produces a profitable trade.
But there are clear examples of prediction-market probabilities being relevant to publicly traded assets:
**1. Trump election odds and DJT**
As Trump’s betting-market odds increased before the 2024 election, Trump Media became a direct election proxy. The stock rose 9% in one day and had nearly tripled from its late-September low. At the time, Polymarket priced Trump at 64%.
Source: [Reuters — Trump Media shares soar as betting odds favor White House win](https://www.reuters.com/markets/us/shares-trumps-media-company-soar-betting-odds-favor-white-house-win-2024-10-22/)
**2. Ukraine peace expectations and European stocks**
When markets perceived a greater probability of a Ukraine peace agreement, Rheinmetall fell 3.7% and Saab fell 4.3%. Meanwhile, Ukraine-exposed Ferrexpo rose 19%, Wizz Air 9%, Raiffeisen 6%, and TUI 4%.
Source: [Reuters — Ukraine-exposed stocks rally, defence dips on Ukraine peace hopes](https://www.reuters.com/business/finance/ukraine-exposed-stocks-rally-defence-dips-ukraine-peace-hopes-2026-01-22/)
**3. Tariff probabilities and automakers**
Trump had threatened auto tariffs for weeks before finally announcing them. After the announcement, GM fell around 7%, Ford around 4%, BMW and Mercedes around 3%, and Toyota 2.7%.
Source: [Reuters — Auto stocks slide as US tariffs send “fatal signal” for trade](https://www.reuters.com/markets/auto-stocks-slide-us-tariffs-spoil-profit-outlook-2025-03-27/)
There is also academic evidence that probability changes in Kalshi’s Fed, inflation, and recession markets contain information about future cryptocurrency volatility beyond conventional indicators.
Source: [Mohanty & Krishnamachari — Do Prediction Markets Forecast Cryptocurrency Volatility?](https://arxiv.org/abs/2604.01431)
None of this proves that blindly following Polymarket or Kalshi generates alpha. The point is that changing probabilities can identify portfolio exposures and scenarios worth investigating.
That is the hypothesis I want to test, not an assumption that every prediction-market move is automatically tradable.

This is dumb. You reduce capex now, you are dropping out of the AI race, admitting defeat in this AI race.
That's like saying people will invest in F and GM over TSLA.

Doesn't negate the point that it was destroyed by GM.