GM offers $7,500 incentive for EVs losing US tax credit
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/8/2026
- Wall St slips as Gulf tensions send oil to over six-week high
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Citi initiates UiPath coverage with Buy rating and $23 target
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- Trump says Canada's Bombardier must build jets in US or lose market access
- Qualcomm to issue warrant to Amazon for up to 25M shares
- Wall St slips as Gulf tensions send oil to over six-week high
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Wolfe upgrades General Motors (GM) on favorable risk/reward
January 4, 2024 9:42 AM ESTWolfe Research upgraded General Motors (NYSE: GM) to an Outperform rating (From Peer Perform) and set a 12-month price target on the stock at $42.00 as analysts believe investors have underestimated the earnings and cash flow power that GM will generate over the near- to medium-term.
Wolfe believes that considering GM's cash deployment strategy, it's improbable for the company's shares to stay at their... More
GM provides $7,500 incentive to offset Tax Credit loss for EVs
January 3, 2024 3:28 PM ESTGeneral Motors (NYSE: GM) announced Wednesday that the company will be offering incentives of $7,500 on its electric vehicles, despite the recent loss of a U.S. government tax credit.
The Treasury released guidelines in December outlining fresh requirements for battery sourcing, with the goal of reducing reliance on China within the U.S. EV supply chain. These guidelines became effective this Monday.
GM informed its dealers that it would provide the equivalent EV tax... More
