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‘We’re just at the beginning’ of where GM’s stock will move

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General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company’s facilities in Warren, Michigan that will produce Level 1 face masks.

GM

General Motors CEO Mary Barra believes the automaker’s stock has a long runway ahead of it as the automaker pivots to focus on all-electric vehicles.

After a decade of lackluster growth in the automaker’s stock, shares of GM are up 36% this year following a slew of new product announcements, including plans to sell auto insurance and to shift its entire lineup to EVs by 2035. Barra expects that upward trend to continue.

“I think as the market begins to see all of the assets and resources General Motors brings to this transformation, I…



Source cnbc.com

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