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Tuesday, July 16, 2024

EVs: American Enthusiasm For EVs Less Than Expected -- GM's Mary Barra -- July 16, 2024

Locator: 48153INV.

The EV narrative continues: less buyers than expected. I'm shocked. Shocked. 

How bad is it? GM's P/E is .... drum roll ... 6. A company's / ticker's P/E is the "polling" number for that company / ticker. A poll number of "6" in today's US equity market is .... atrocious.  TSLA's polling number: 65.

Biggest EV story of the day and GM's CEO Mary Barra barely mentions it. Link here. The big question: is Mary Barra transformational -- something expected of a CEO or simply a saleswoman? Link here.

On a day that the Dow surges almost 600 points:


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