GM admits it will make a loss on nearly every EV it sells until 2025



GM admits it will make a loss on nearly every EV it sells until 2025

GM’s revenue reached a record sale in Q3, its margins were much lower. GM posted automotive revenue of $38.7 billion, yet the cost to make and sell these vehicles reached $35.6 billion, for a gross profit of $3.1 billion or just over 8%.






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