General Motors (NYSE: GM) and Ford Motor (NYSE: F) will report their first quarter results next week. They both need to answer how they intend to grow their profits amid the EV slowdown to which even the EV king, Tesla Inc (NASDAQ: TSLA), isn’t immune. Tesla warned of slower growth this year. With the EV sales slump, Tesla shares tumbled as much as 39% year to date. Along with growing competition in China, Tesla has also found itself in the mud, let alone legacy automakers struggling to make the
Insights from the Olstein Financial Alert Fund's Latest 13F Filing
The Zacks Consensus Estimate for General Motors' (GM) first-quarter earnings and revenues is pegged at $2.06 per share and $40.61 billion, respectively.