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Benzinga
Benzinga
Business
Badar Shaikh

GM Says 'Irrational Discounts' On EVs Ending As Company Reports Record Sales — CEO Mary Barra Dumps Over 300,000 General Motors Shares

General Motors

General Motors Co. (NYSE:GM) expects EV sales to decline after President Donald Trump's September 30 deadline for $7,500 Federal EV Credit, anticipating an end to heavy discounts on all-electric vehicles in the U.S.

‘Irrational Discounts' Ending As GM Reaches Record EV Sales

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