The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
G.M. Shares Rise as Investors Are Encouraged by 2026 Prospects
Written by
in
Automobiles, Company Reports, Cruise LLC, Driverless and Semiautonomous Vehicles, Electric and Hybrid Vehicles, General Motors, International Trade and World Market, Musk, Elon, Prices (Fares, Fees and Rates), Stock Buybacks, Stocks and Bonds, Tax Credits, Deductions and Exemptions, Tesla Motors Inc