The three automakers in this analysis all look as if they are trying to go higher but are a bit quiet in the premarket session on Tuesday. At the moment, it looks like we are bullish, but a short-term pullback could be in order to find value.
The National Highway Traffic Safety Administration General Motors is opening a probe into 286,000 GM vehicles in the U.S over a possible engine failure issue, the safety regulator said on Monday.
General Motors delivered robust Q3 results last week, beating revenue and earnings estimates, and management raised FY 2025 guidance amid robust U.S. auto demand. GM's electric vehicle segment saw record sales (67k), with 107% year-over-year growth. Total vehicle deliveries increased 8% Y/Y to more than 710k units. GM maintained high profitability despite tariff headwinds, and management expect...
The president recently extended exemptions for US firms using imported auto parts, and announced plans to slap fresh tariffs on foreign heavy-duty trucks to make American alternatives more competitive.
Tesla (TSLA) earnings were mixed, with margin pressure and near-term uncertainty, but revenue beat expectations and investors remain in wait-and-see mode. GM surged 15% after beating earnings and raising guidance, as tariff impacts were less severe and market share reached a multi-year high.
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