GM
General Motors Company
stockNYSE

Good week of earnings. IC: MMM, UAL PCS: COP, GE, LMT, NOC, RTX, TMO, WDFC CCS, BX, GM, SPCX, TSLA

GM snoo

Someone’s been thinking. 😂 My job requires a lot from me. I have a five-year agreement with the corp I work with right now that includes housing, parking with a garage, utilities, internet, and a budget for some good portion of food and bevs. - not including alcohol. Basically, they got a rented house for me. I know it sounds crazy amazing. It’s what they gave me. Here’s something I could do as a GM earlier this year. I can amend or customize to get some cool stuff for myself and my staff. For example: (if budget allows) My workplace now serves Red Bull. So I can have that whenever I want. My staff can have them a market price (very small profit margins) or we sell them to our guests (good profit margins). That’s something I can setup where it benefits me and happy energetic staff members who’ll chug through these guys. I present my idea to the owners how they could earn a small margin from those sales. They approved it quick. Our workplace also has a bar. So we can have drinks at the end of our shifts. Now I don’t spend on energy drinks either and a mini fridge full of cold coconut red bulls 😎

EXCLUSIVE: GM cancels deal with new US rare-earth magnet plant, documents say

Yes. Iris is too expensive for consumer vehicles though. They will need to get significant funding to complete halo in order to have a shot with an OEM like GM or Ford.

GM and Ford are soon to be gone. If the Dems start winning the Congress and eventually the WH, they might open up doors to Chinese brands, which might decimate the American manufacturers.

Lived through 2008. I was only a year into my career. There was nothing special to do. Same percentage of my paycheck went into my 401k every two weeks. I did take a gamble on some individual stocks in a brokerage account, and made some good short term money on that. Other than the total loss of GM. 😅 Now? Targeting early retirement in 5-10 years. I have a separate all-weather portfolio that's sized to live well for ~3-5 years without needing to touch my growth assets. 50% bonds, 20% managed futures, 20% defensive/dividend equities, 10% cash equivalents. I'm confident and comfortable with that.

GM also states they want to keep the platform hardware agnostic so they can change sensors at any time.

**Job Title: Principal Software Engineer – Core OS, Vehicle Compute** Just posted Oct 8 2026 [https://search-careers.gm.com/en/jobs/jr-202620205/principal-software-engineer-core-os-vehicle-compute/](https://search-careers.gm.com/en/jobs/jr-202620205/principal-software-engineer-core-os-vehicle-compute/) one of job responsibilities: * Architect the multi-operating-system foundation that enables embedded Linux, including Yocto-based distributions, Android, and **QNX** to run on shared vehicle compute with consistent platform services and interfaces.  Seems that GM might be running both with different layers for their system :) We shall see

The model creators can't turn a profit and have so much locked in future spend they can never pay (and that's ignoring that free, open-weight models only get better). The neoclouds are leveraged to the tits. There's not enough electrical capacity to even build all this shit, assuming there is enough demand for it (and the demand is purely speculative). The public is fighting back so hard on data centers that the politicians are going to lose their jobs for supporting it, and they aren't going to do that. I see this as DotCom 2.0. The bad names are going to drag everything else down, but the survivors will be making more money than ever after the pop bottoms out. The problem is the market is so over leveraged to AI that the pop would be huge. Ford and GM had junk credit because of macro. The Neoclouds have junk credit because their business model is a Ponzi scheme that may never hit.

That is not confirmed, it is only an educated guess by google AI. Another potential option is that it is an internally developed LiDAR sensor by GM. It could also be Valeo. I doubt it is any sensor from Microvision as it is late in the game for a potential 2028 SOP and I think there would be some signs if it were Microvision. Cepton originally signed a deal with GM (via their Tier 1 Koito) in 2019. That deal became public knowledge in 2021. That deal fell through in late 2023. Koito acquired Cepton in 2024.

Super Cruise is GM's hands-free driver assistance technology available in more than 20 models in North America.3 Super Cruise is capable of handling steering, acceleration, and braking on compatible roads under certain circumstances. In 2028, GM plans to introduce eyes-off capabilities, meaning drivers will be able to look away from the road while the system is engaged.1 The tech will be available first on the Cadillac ESCALADE IQ. ... These advanced capabilities are made possible by high-definition maps downloaded to each vehicle. Using specially equipped vehicles fitted with LiDAR sensors, which bounce light beams off their surroundings to create a 3D image of the physical environment, the Super Cruise mapping process collects data that’s tagged for the system to use. This information is then matched against what the vehicle's sensors detect to precisely locate the vehicle on the road. That extra knowledge of its surroundings can make Super Cruise a very capable system.

GM!

Yes. I think that was immediately after the Covid crash and spike. So maybe somewhere in 2022? I remember sending my brother a message about it. I added up the top 10 market caps of Volkswagen, Toyota, Stellantis, Ford, GM, etc etc and it was still about 100 billion shy of Tesla. When I added up the sales Tesla came out to 3%. So 3% of all car sales but worth 100 billion more than ALL combined.

Most of the stuff I find is junk lol but once and again I find something nice. The nicest most expensive that I’ve pulled out of the ground was a 1956 US Air Force Academy ring it had an F 86 saber jet and F100 d on it with a GM on top. I don’t remember what it was. It was bright blue had some diamonds around it and the guy‘s name McGrath because of the ring I was able to hunt down his family and ask them if they wanted the ring back and they did I was able to get it to them. It was 14 carat solid gold. I did look him up. He was shot down in Vietnam and 67 and never found reported missing until the 90s and then he was upgraded to kill the action.

Yeah it's crazy. This is an AI summary but I'd guess those numbers are fairly accurate: |**Company**|**Current Market Capitalization**|Net Profit per Quarter|**Earnings Status & Notes**| |:-|:-|:-|:-| |**Tesla (TSLA)**|\~$1,530 Billion|**$787 Million**|Official Q3 2026 results (reported Oct 21, 2026); net income fell 43%.| |**Toyota (TM)**|\~$226 – $256 Billion|**\~$7.5 Billion** (Avg.)|Calendar Q3 results expected in early November. Prior quarter net profit was \~¥1.33 Trillion (\~$8.7B).| |**BYD (01211.HK)**|\~$100 – $122 Billion|**\~$1.3 – $1.5 Billion** (Est.)|Q3 2026 official earnings scheduled for release on October 29, 2026.| |**Volkswagen (VOW3)**|\~$50 – $60 Billion|**\~$2.4 Billion** (Avg.)|Q3 2026 earnings release scheduled for October 29, 2026.| |**General Motors (GM)**|\~$66.8 Billion|**$3.3 Billion**|Official Q3 2026 results (reported Oct 20, 2026); net income surged 151% YoY.|

For the RBC GM Quant Trading phone screen, expect a quick blend of core probability, mental arithmetic, and concise behavioral questions. Desk interviewers usually test conditional probability, Bayes' theorem, expected value, and basic market concepts like option payoffs or how interest rate movements affect asset prices. They also drill into whatever quantitative projects or coding languages appear on your resume, so make sure you can explain your modeling decisions and assumptions clearly without getting bogged down in unnecessary jargon. Behavioral fit matters just as much as math for RBC, because traders want to see how you communicate under pressure and whether you take feedback well. Treat every technical problem like a conversation, talk through your thought process out loud, and state your starting assumptions upfront so the interviewer can guide you if you hit a rough patch. If you want structured practice handling surprise technical prompts, the [interviews.chat](http://interviews.chat) my team built helps candidates stay composed and articulate their reasoning smoothly to land competitive desk offers.

Every time tesla reports the non-GAAP income to pump their numbers, but somehow GAAP is always lower. GAAP net income was $0.15 a share or $700 million. Compare to GM $3.7 billion in net income....

Hello guys I'm just wondering if anyone here has already taken the first-round RBC Capital Markets Interview(phone screen) for the Summer 2027 GM Quant Trading Internship. If so I would appreciate some help regarding what types of topics I should study for the interview (probability/market-making/mental math/behavioral/etc). Thanks in advance for any help!

I asked AI if there was a connection between  GM laying off 1000 employees and  weather it was connected with alloy kore.  General Motors has not officially announced a partnership with Alloy Kore, a conceptual connection exists between GM’s recent software engineering restructuring and the value proposition offered by platforms like Alloy Kore. The rationale behind why these industry movements closely align includes the following: 1. Shift from In-House Infrastructure to Commercial Platforms The Layoffs: When General Motors cut roughly 1,000 software and services jobs, the stated goal was to "simplify for speed and excellence" and prioritize high-impact investments like AI and consumer-facing features. Industry analysts noted this leaves automakers more reliant on outside partnerships for foundational architecture. [ 1, 2, 3, 4] The Alloy Kore Model: Developed jointly by QNX (BlackBerry) and Vector, Alloy Kore provides the basic "plumbing" (operating system, middleware, and safety certifications) of a Software-Defined Vehicle (SDV). [ 1, 2, 3] The Connection: Automakers have historically struggled with building complex, lower-level software infrastructure from scratch—evidenced by GM’s past infotainment and EV software glitches. Trimming in-house software teams aligns with a strategy to offload non-differentiating baseline infrastructure to out-of-the-box platforms like Alloy Kore, allowing remaining staff to focus strictly on user experience and applications. [ 1, 2, 3] 2. Radical Reduction in Integration Costs Platforms like Alloy Kore claim to reduce software integration efforts by up to 50% and cut safety certification costs by up to 65%. For a major OEM facing strict cost-efficiency pressures, adopting a standardized foundational OS allows them to drastically shrink the engineering headcount required just to maintain baseline code compatibility and testing. [ 1, 2, 3] 3. Industry Precedent Major global automakers are already shifting toward this exact model. For instance, Mercedes-Benz signed on as an early customer of Alloy Kore, and major commercial truck ventures (like Volvo and Daimler’s Coretura) have selected it to standardize their next-generation vehicle software. If GM follows suit, it would be following a clear industry trend toward outsourcing the lower-level software stack. [ 1, 2, 3, 4] Would you like to take a closer look at how GM’s current software stack architecture compares to what Alloy Kore offers, or explore which other automakers are moving away from proprietary in-house software development? TechCrunch GM cuts 1,000 software jobs as it prioritizes quality and AI GM cuts 1,000 software jobs as it prioritizes quality and AI Sean O'Kane 7:30 AM PDT · August 19, 2024 Image Credits:GM General Motors is cutting around 1,000 s... Reuters GM lays off over 1,000 salaried software, services employees Aug 19, 2024 — GM lays off over 1,000 salaried software, services employees Aug 19 (Reuters) - General Motors (GM. N) , opens new tab said Monday it is laying off more than 1, General Motors How GM's AI and virtual labs are rewriting the vehicle ... Jun 18, 2026 — By reimagining vehicle development with AI tools, GM's engineers can make better decisions earlier in the process of building vehicles. LinkedIn · Conrad Layson Conrad Layson's Post - LinkedIn General Motors ' layoff of up to 1,000 software engineers is a counterintuitive move for an #oem pursuing the #softwaredefinedvehicle . | Conrad Layson Conrad L... Vector Informatik Foundational SDV Software Platform | Alloy Kore | Vector Platform: Alloy Kore foundational software platform jointly developed by Vector and QNX for software-defined vehicles (SDVs), selected by Coretura for commercia... YouTube · PLUGHITZ Live 4m Building Stronger Vehicle Software on QNX's Alloy Kore ... QNX Coretura Selects Alloy Kore for Its Commercial Vehicle ... Coretura, the Joint Venture Between Daimler Truck and Volvo Group, Selects Foundational Software Layer for Its Vehicle OS to Accelerate SDV Innovation * STUTTGA... Nasdaq QNX and Vector's Alloy Kore Attracts Mercedes QNX and Vector's Alloy Kore Attracts Mercedes-Benz in Push Toward Accelerating SDV Development * New Platform Empowers Automakers to Shift Software Engineering ... QNX Alloy Kore | The Foundational Automotive OS Product: Alloy Kore (Foundational Automotive OS/Vehicle Software Platform co-developed by QNX and Vector). Core Features: Pre-integrated real-time OS with commo... Yahoo Finance BlackBerry Expands SDV Reach With Alloy Kore ... BlackBerry Expands SDV Reach With Alloy Kore Design Win Explore stocks on Coinbase Trading disclosure BlackBerry Limited BB is strengthening its position in sof... GM Authority GM Trims Hundreds Of Salaried IT Workers GM Trims Hundreds Of Salaried IT Workers In a statement provided to Bloomberg, GM confirmed the cuts and said the move is tied to a broader restructuring effort...

GM guys

GM got earnings crash, what happens to TSLA, at higher interest rate era earnings

Uber currently cost around $1.10/mile on average. Depends what time, where, and what kind, but that’s the average. Median California data gives us $2.60/mile. At Waymo’s current production costs, that is the least they can collect and still break even on the car as they’d still need to average \~40k miles. But they’re still likely to run a significant operating loss as long as they are contracting fleet managers like Avis who take 10-30%. If they are using Uber, they also take 10-30%. Insurance alone, assuming it’s roughly equivalent to traditional auto insurance is likely to cost 20-80 cents per mile. So if we assume Waymo can charge $2.62/mile, at least 28% of their fare is already gone just in maintenance, networking, and insurance. Up to 90% is gone before Waymo even collects a dime. The goal is actually “up to around” 20k vehicles by end of 2027. And I’d treat that target as a stretch, rather than a forecast. They are trying to raise funding, after all… They only have 4k cars right now and that same target calls for up to around 8k cars by end of 2026. They currently have manufacturing capacity of 2k vehicles per year. They gonna squeeze out 4k cars in 10 weeks? Probably not. You’re right, the current bottleneck is software and regulatory approval. That’s true. But it’s not difficult to look down the road 12-24 months. Let’s not pretend Waymo has full regulatory approval and let’s not pretend that traditional cars don’t have their own stringent regulations that vary by state/country and legacy giants are experts in navigating. Waymo is only allowed is a few areas of a few cities under certain conditions. If this is a baseball game, we’re still in the top of the 1st inning, Waymo is up by a couple runs, and legacy giants haven’t even come up to bat yet. Waymo, assuming they continue their current business model (which I doubt), is dependent on auto manufacturers as they purchase their cars from Hyundai and Land Rover. Let’s assume Waymo meets double their annual output goal of 20k annually. Let’s assume they hit 40k. Analysts expect AV’s to eat 30-50% of car sales by 2035-2040. That’s 30-50 million cars per year. Even when we double their manufacturing capacity, Waymo can still only be able to meet a fraction of a percent of demand. Software and regulations are just a matter of time. It will be similar in to LLM’s. For a while ChatGPT was the only game in my town. Now there’s Anthropic, Gemini, Copilot, Muse, et al. Look forward as little as 12-24 months. What does the primary bottleneck look like then? Software will be available established as Volkswagen, Mercedes, and Hyundai will all have L4 autonomy. Possibly Toyota and GM, too. With Waymo operational in at least 15 cities, regulations will be clearer. The primary bottlenecks will become manufacturing capacity, established customer base, and networking capability. If AV’s eat 30-50% of car sales every manufacturer will be producing them just to survive. Every dealership and car rental company will be buying/running them just to survive. What Waymo lacks is the manufacturing capacity, customer base, and networking capability. Volkswagen/Mercedes/Hyundai/Toyota/GM obviously have the manufacturing capacity, and they the customers (dealerships), which will cost I don’t know how many billions for Waymo to replicate. Uber has the infastructure, which will cost $4B on the low end just to launch. But it will ultimately cost over $25B over the first couple years. The future of Waymo is obvious to me. Spending $25K in production costs on the driverless technology, buying cars, installing it, and renting it out for $2/mile doesn’t make sense. Focusing production just on the driverless technology and selling it to companies like Honda, who can produce an Accord for about $10k, install it more efficiently, and sell it to their franchised dealerships for \~$40k, who will run it on Uber and Lyft for $1-$2 a mile makes a lot more sense. That’s how you can get mature robotaxi costs to 50-80 cents per mile. None of the economics change, only the roles do. I see Tesla facing similar challenges as they famously don’t have franchised dealerships which are in the business of buying cars, maintaining fleets, and selling/renting them. Nor do they have any experience/success building/maintaining a global networking platform like Uber.

Why doesn't Elon just buy Rocketlab, Ford, GM, Mazda and Stellantis and make it illegal to start new car companies? Is he dumb?

You can’t name a large cap thats more overvalued than this one because there isn’t. If you replaced the CEO and gave the company a new name but the whole business stayed the same, the stock would be like $80, maybe 100 during peaks. Like GM or something