GM
General Motors Company
stock NYSE

GM, Moe bb 😚

What is the actual problem with CNG? I worked briefly for a company that was doing conversions to new GM trucks (pickups and medium duty) back when CNG was being pushed heavily as transport fuel (early 2010's). I know there was an issue with the pressure regulators where they would freeze up when you accelerated after driving on the interstate for a while (i.e., an hour at 70 mph then accelerate to pass, or come to a steep grade and the cruise control opens the throttle) which would be a major issue for tractor-trailers, but buses and UPS trucks and garbage trucks work fine around town with the varying throttle position. This was when pressure was 3500, before the high pressure began (5000? or 5500?, may be higher now). GM made factory CNG trucks briefly and I was thinking about getting one. I got to a point where I wasn't driving 35-40k miles a year any longer and I stopped paying attention.

GM trading at 5.75 forward is stupid. They even raised guidance for Q3 after Q2. I get the whole America bad, no hybrid vehicles point, but it is wildly underpriced. They have SUVs that are selling more YoY and V8s in their trucks vs others. They actually have decent vehicles.

Holding 2200 shares @$12.09 average since 2020 , it was all a money grab back then with Biden pushing all the green energy electric BS down investors throats as the next big thing ,Car companys like Ford and GM retooled and lost billions of dollars in the making of these ev,s nobody wanted and if they did they were buying teslas, I believe in NIO,s concept and what they are trying to do , we just became profitable this year and i believe it,s a year ahead of schedule following the model of how tesla started and got to profitability , from the battery swaps to the special suspension system and luxury down to an everyday high quality city driver, If you look at a tesla factory and a NIO factory they are nearly identical , Robots everywhere , Both companys make a high quality product , one stock is $375 and the other less than $5.....If you look back at when tesla started their stock was also trading that low , After all the factories and land and machinery are paid for which takes years, the proffitability starts to grow and so do the price of the shares ....it,s a waiting game but we all know Nio is not going anywhere! we must be patient

Exactly, I think Ford will be the first one, GM is always lagging because of bureaucracy.

This took out our exchange server back a few decades ago.
The GM opened an email cause he thought they were pics of Anna.
Our exchange server emailed the entire global address book with a copy of the virus.
I was the LAN administrator back then. I walked into the server room and unplugged the Ethernet cable.

Revisiting NKLA five years later: it listed via VectoIQ on June 4, 2020, passed Ford's \~$29.9B market cap by June 8, and hit roughly $34B intraday on June 9 with no revenue expected until 2021. The Hindenburg report came 2 days after the GM deal. It ended in Chapter 11 with about $47M in cash.
I made a documentary covering the full arc, including what the pardon did to restitution (prosecutors sought \~$660M, and none was ordered). Sources are in the description.
Question for this sub: would a traditional IPO process have caught this, or would the hype have carried it through anyway?

$TSLA TSLA. 1.5 Trillion car company
When GM, F, just 50 Billion market cap
Interest rate same for all, buying car not easy for consumers, look $MCD how consumers suffering

Hello GM? Will you give me $60,000 in GM shares if I buy a $60,000 Chevy Silverado?