GM Is Dealing With Tariffs and an Evolving EV Business. Its Stock Is Jumping.
1. GM stock rose 14% as tariff adjustments pleased investors. 2. Company investing $5 billion in domestic production and vehicle scaling. 3. Tariff costs revised down to $3.5-$4.5 billion annually. 4. Electric vehicle strategy reevaluation could lead to $1.6 billion losses. 5. Near-term EV adoption expected to be lower than planned.