General Motors' EV sales soared 115% in July, but looming tariffs, expected softness in demand, and rising costs may cloud investor optimism.
Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there.
Shares of General Motors ( NYSE:GM ) gained 6.58% over the past month after gaining 3.24% the month prior.
Recently, Zacks.com users have been paying close attention to General Motors (GM). This makes it worthwhile to examine what the stock has in store.
GM beat Q2 expectations on Tuesday, but shares fell 8% due to tariff concerns and a decline in core earnings. I see tariff headwinds as a short-term risk only as GM maintained strong free cash flow and confirmed its FY 2025 guidance, making the sell-off a buying opportunity. The U.S. and Japan just announced a major trade deal that could help ease investor concerns about the impact of tariffs.
While Tesla remains the No. 1 electric vehicle manufacturer in the U.S. by far, General Motors said it has secured the No.
General Motors' second-quarter core profit fell 32% to $3 billion on Tuesday, as the automaker continued to confront challenging tariff policies, which it said sapped $1.1 billion from the results.
General Motors Company (NYSE:GM ) Q2 2025 Earnings Conference Call July 22, 2025 8:30 AM ET Company Participants Ashish Kohli - Vice President of Investor Relations Mary T. Barra - Chairman & CEO Paul A.
GM tops Q2 earnings estimates on strength in North America and International units, despite lower Y/Y revenues and profits.
Pre-Markets Marginally Higher on Q2 Earnings.
Analysts said GM may need to cut investment in future projects or find other ways to trim spending to offset the effect of tariffs.
General Motors Co (NYSE:GM) stock is down 7% at $49.58 this morning, sliding lower despite the vehicle manufacturer's second-quarter earnings and revenue beat.